Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.
European leaders are holding talks with Ukraine's President Zelensky ahead of a Trump-Putin summit on Friday. We hear about the latest developments on the frontline in Ukraine.
Also in the programme: Will a $5m bounty help capture Haiti's most powerful gang leader? And how toothpaste made from hair could help repair teeth.
(Ukrainian President Volodymyr Zelensky (L) and German Chancellor Friedrich Merz (R) attend an online meeting with other European leaders to discuss the ongoing war in Ukraine, at the Chancellery in Berlin, Germany, 13 August 2025. Credit: John Macdougall/Pool/ EPA/Shutterstock)
Anthony Aguirre is the executive director of the Future of Life Institute. He joins Big Technology to discuss how AI could fail in the worst case and whether our push toward increasingly autonomous, general systems puts control out of reach. Tune in to hear how agentic systems operating at superhuman speed complicate oversight, and why “just unplug it” is naive. Hit play for a cool‑headed, nuanced conversation with clear takeaways you can use to evaluate AI strategy, policy, and risk.
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Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free exchange of goods and services. Some of these trade barriers are so insidious and have been going on for so long that it may surprise you that they even exist.
We bring you the classic story of what happens when you try to protect an American industry and end up hurting another American industry. Well intentioned plans turn into trade barriers that make our lives more expensive.
The series is hosted by Robert Smith and produced by Eric Mennel. Our project manager is Devin Mellor. This episode was edited by Planet Money Executive Producer Alex Goldmark and fact-checked by Emily Crawford.
Steven Lubka explains "paper bitcoin summer" - how treasury companies use regulatory arbitrage to efficiently acquire Bitcoin through capital markets, creating leveraged Bitcoin exposure for investors who can't directly buy BTC.
Steven Lubka, VP of Investor Relations at Nakamoto, joins us to talk about the "paper bitcoin summer" phenomenon, treasury companies as Bitcoin acquisition vehicles, regulatory arbitrage strategies, international market expansion, and why vibes matter in capital markets. We explore how companies like MicroStrategy pioneered leveraged Bitcoin strategies and what the future holds for Bitcoin financial institutions.
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**Notes:**
• Treasury companies hold ~60k BTC outside MicroStrategy
• MicroStrategy trades at 2x NAV premium currently
• Bitcoin has multi-trillion dollar market cap
• Preferred shares cost ~9-10% for these companies
• MetaPlanet proved model works internationally
• Galaxy sold 80k BTC recently absorbed by market
Timestamps:
00:00 Start
02:19 Paper Bitcoin Summer
05:25 Treasury company bull case
11:27 Why now?
15:12 How many companies can do this?
20:22 IPO vs SPAC
22:45 Why BTC & not other commodities?
26:01 Market liquidity
29:01 Marketing as asset
34:04 Vibes Capital Markets
39:46 Paper Bitcoin Maxi
45:57 Nakamoto's future
50:34 Amanda & Branden
53:17 Wrap up
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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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Social Security turns 90 tomorrow. Some 74 million Americans receive the benefits, and a new survey shows that 65% of retirees rely on them. Roughly 40% of Americans have no retirement savings at all, and this precarity comes at a time when Social Security faces the possibility of benefit cuts. Plus, Trump's tariffs are generating billions in revenue monthly, and Brazil's president announced $5 billion to help smaller companies deal with tariffs.
President Trump meets virtually with other world leaders as he prepares for his summit with Vladimir Putin. Patrolling the streets in DC. Redrawing the Texas political map. CBS News Correspondent Steve Kathan has today's World News Roundup.
Trump’s tax and spending law makes the largest cut in history to one of the nation’s biggest safety net programs. Today on the show, we explore how cuts to the Supplemental Nutrition Assistance Program, also known as SNAP, impacts families and grocery stores alike.
From the BBC World Service: United Kingdom-based engineering giant Rolls-Royce first made its name in luxury cars, but after selling its motor business nearly 30 years ago, it’s now known for its aircraft engines and defense manufacturing. Speaking exclusively to the BBC, its CEO is betting on artificial intelligence and nuclear technology as a path to becoming the UK's highest-valued company. Plus, why have European countries been stepping up their defense spending?
Rosa’s Blues Lounge has launched an independent record label to highlight the work of unrecorded artists. Plus, the label aims to ensure artists retain rights to their intellectual property. Chicago blues artist, Billy Branch, was the first performer on Rosa's stage — now 41 years later, he and his band were the first to sign with Rosa’s Record Label which launched Aug. 1. Reset speaks with Billy Branch and co-founders of the label, Tony Mangiullo and Marni Willenson about the story of the venue, the creation of the label and how this could contribute to Chicago’s blues scene.
For a full archive of Reset interviews, head over to wbez.org/reset.