System Failure

In the episode, the boys interview legendary economist Dr. Michael Hudson. Their discussion includes the importance of distinguishing between earned versus unearned income, and the age-old dichotomy between (1) writing down debts to the actual ability repay versus (2) allowing the mass foreclosure that ultimately ruins societies. According to Dr. Hudson, this dichotomy was the main preoccupation of the ministry of Jesus, but has since been covered up by powerful oligarchies. Discover more from Dr. Hudson at michael-hudson.com.

In this System Failure Short, Nate reads this week’s essay entitled “Science As Seed Corn”.

In this exciting episode, Brian shares a recent psychological breakthrough he’s been enjoying. It involves opportunistic mindsets versus defensive mindsets, and was inspired by a reading of Jonathan Haidt’s latest book The Anxious Generation. The entire show is devoted to this breakthrough and, inevitably, to it’s economic dimensions.

In this System Failure Short, Nate reads this week’s essay entitled “Ego & Mortality”.

Brian starts off this episode by sharing some big travel news! Nate then shares a Reddit post about the ennui of the current generation. After that, Brian offers some musings on Jonathan Haidt and Jordan Peterson before the lads dive into a discussion on the understated role of Communism in the 2024 election.

In this System Failure Short, Nate reads this week’s essay entitled “The Symphony Analogy”.

The lads start out this episode recapping the drama behind the scenes of Joe Biden’s recent decision not to seek re-election (as detailed on the Substack of Pulitzer Prize-winning journalist Seymour Hersh). Next, they tackle the massive stock market swoon in the making, taking time to remember the inverted yield curve and Repo market drama that preceded COVID in 2019. Finally, the boys are excited to announce that legendary economist Michael Hudson will be joining the pod in August.

At the top of the pod, the lads acknowledge the latest impeccably credentialed doctor to break ranks with the orthodoxy. Dr. Aseem Malholtra is now making the podcast rounds admitting that COVID-era MRNA do in fact have negative externalities, as with any medicine. Next, they handicap the ‘24 Presidential Election with reference to the donor class. Finally, the boys discuss the utility of psychedelics as a tool for apprehending reality.

In this short audio essay, Nate reads the upcoming System Failure essay “The Magic of Isaac Newton”.

In this episode, the lads do their best to stay on top of the veritable torrent of news that the American 2024 Presidential Election has become. In this episode, they craft a hopeful scenario in which a landslide victory for Trump forces Democrats to offer more than just fear-mongering. The boys reckon that in such a scenario, the Dems would be forced to offer actual leftist policies like those of Bernie Sanders.