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Plus: Fed Chair Jerome Powell cites a solid economy in keeping a wait-and-see stance on interest-rate cuts. And Boeing names a permanent CEO of its defense, space and security business. Anthony Bansie hosts.
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Speaking at the recent Rothbard Graduate Seminar, Dr. Joseph Salerno traces Murray Rothbard‘s intellectual development while in the economics Ph.D. program at Columbia University. Rothbard was dissatisfied with the popular schools of thought until he discovered Austrian economics.
Original article: https://mises.org/mises-wire/young-rothbard-uncomfortable-neoclassical-economist
Thailand's PM is suspended after a leaked call sparks outrage. Turkish police arrest more than a hundred city officials in Izmir, an opposition stronghold. Also: can robots play better football than us?
Surveys consistently show people want to age in their current home. Yet homeownership is costly for older adults of modest means, especially those still paying off their mortgage and living on fixed incomes. That hardship can be exacerbated, too, by additional medical or disability needs. We'll hear more as part of our Buy Now Pay Later project, produced in partnership with Next Avenue, a nonprofit news platform for older adults produced by Twin Cities PBS. But first: The Senate is coming off an all-nighter, and stocks rebounded remarkably this past quarter.
Gallup reports that just 36 percent of self-described Democrats say they are proud to be American, as opposed to 92 percent of Republicans. The Republican number has been consistent for two decades; the Democratic number fluctuates according to who is in power. What does this mean? We speculate. Give a listen.
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New research has predicted that more than 14 million of the world's most vulnerable people, a third of them small children, could die because of the Trump administration's dismantling of US foreign aid.
Also on the programme: Thailand's constitutional court has suspended the prime minister over comments she made in a leaked phone conversation; and US Senate Republican leaders are struggling to secure the 50 votes needed to pass President Trump’s “big, beautiful bill”.
(Photo: People hold placards, as the USAID building sits closed to employees after a memo was issued advising agency personnel to work remotely, in Washington, D.C., U.S., February 3, 2025. Credit: Reuters)
The Indian Health Service (IHS) remains largely misunderstood by those not directly connected to it, and often derided as a bureaucratic and confusing system by those who are. IHS marks its 70th anniversary, providing care to all Native citizens. Of course, the agency’s history is also documented in the hundreds of treaties over almost 200 years in which the U.S. Government explicitly signed on to its responsibility. We’ll trace the history of IHS from the first immunizations to Public Law 638, and chart its future amid a major reassessment of federal government services.
GUESTS
Benjamin Smith (Navajo), acting director of Indian Health Service
Retired Rear Adm. Michael Weahkee (Zuni Pueblo), former director of Indian Health Service
Mary Smith (Cherokee), former CEO of Indian Health Service
Dr. Donald Warne (Oglala Lakota), co-director of the Johns Hopkins Center for Indigenous Health
Dr. John Molina (Pascua Yaqui and Yavapai Apache), director of the Arizona Advisory Council on Indian Health Care
Break 1 Music: Intertribal Song (song) Black Lodge Singers (artist) Enter the Circle – Pow-Wow Songs Recorded Live at Coeur D’Alene (album)
Break 2 Music: Kunax yak’ei gayshagook (song) Khu.éex’ (artist) Siyáadlan (album)
Here’s more from our interview with Dr. John Molina (Pascua Yaqui and Yavapai Apache) discussing how IHS was instrumental in getting him into medical school and Congress’s failure to recognize the importance of the agency:
Brian Wright from Galaxy Digital joins the pod to talk about Galaxy’s CoreWeave deal, Galaxy Mining’s HPC pivot, the Texas Grid, and more!
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Welcome back to The Mining Pod! Today, Brian Wright, co-head of mining data centers at Galaxy Digital joins us to talk about their massive pivot from bitcoin mining to HPC at the Helios facility. We dive into the company’s CoreWeave partnership, scaling from 200MW to a potential 2.5GW, Texas grid dynamics, and transforming rural Dickens County's economy through data center development.
**Notes:**
• 393MW Core Weave deal worth $300M annually
• $11-13M per MW retrofit costs vs bitcoin mining
• 2.5GW potential campus capacity planned
• 800MW currently approved by Ercot
• 80% loan-to-cost financing structure
• 15-year guaranteed lease agreement signed
Timestamps:
00:00 Start
01:48 Core Scientific & Coreweave
03:45 Potential Coreweave acquisitions
05:29 Helios pivot to AI
11:52 Site conversion plans
13:29 What's unique about Helios?
15:51 Fractal Bitcoin
17:35 AI accelerating building?
18:39 Financing
20:26 AI vs mining
22:26 Who pays for retrofit?
25:57 Transition
28:04 Tenants
29:25 Dickens County
31:55 Employee incomes & training
35:01 Politics
36:19 Texas bill SB6
37:15 Interconnect queue
38:26 Fiber line infrastructure
40:02 Can other miners pivot to AI?
41:52 Ending curtailment due to AI
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
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As part of the rules of reconciliation — which is what's letting the GOP pass its bill without Democratic votes — Senators can offer unlimited amendments. But the debate on each one is around 10 minutes. This gives senators a chance to change components of the bill, but it's also being used as a messaging tool to highlight policies some Senators feel are harmful. Also: a down dollar and a breakthrough in EV batteries.
Suspect in Idaho student murders agrees to plead guilty. Senators add amendments to Trump budget bill. Trump to visit migrant facility dubbed Alligator Alcatraz. CBS News Correspondent Steve Kathan has today's World News Roundup.
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