Ep. 474 What Does It Mean for Elon Musk to be Worth $749 billion?

Responding to the reaction over Elon Musk's recent estimated net worth of some $749 billion, Bob analyzes the economics of financial markets in much greater depth than the critics.Mentioned in the Episode and Other Links of Interest:A news item on Musk being worth $749 billion.The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.

Adam Haman returns to discuss an intriguing panel featuring Elon Musk and Nvidia's Jensen Huang as they announced a business deal with Saudi Arabia.Mentioned in the Episode and Other Links of Interest:The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.The panel featuring Elon and Jensen Huang.Bob critiques Paul Craig Roberts on MRI outsourcing.The HamanNature substack.Help support the Bob Murphy Show.

Pontus Rendahl is a neoclassically trained economist who spent a decade at the University of Cambridge, which has a long tradition of hosting heterodox economics. He made good-faith efforts to interact with these outsiders but reports that the attempt bore little fruit.Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.The link for this episode’s sponsor, Monetary Metals.Pontus Rendahl's twitter thread on his outreach efforts.Help support the Bob Murphy Show.

Adam joins Bob in reviewing Bob's recent conversation with Eric Weinstein, on his work (with Pia Malaney) in applying gauge theory to economics. Bob argues that neoclassical economists but also Austrians should consider Eric's bold proposals.Mentioned in the Episode and Other Links of Interest:The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.Bob's original interview of Weinstein on the InFi podcast.The HamanNature substack.Help support the Bob Murphy Show.

Adam Haman returns, this time to help Bob analyze clips from Adam's own show. Specifically, Adam had interviewed two authors (Jobst Landgrebe and Barry Smith) on their book claiming that AI had in-built limits.Mentioned in the Episode and Other Links of Interest:The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The Haman Nature interview of the authors, and a solo Haman interview of Landgrebe.Bob's interview on the halting problem, his "conversation" with GPT4, his explanation of Godel's Theorem, and his theological explanation of the mysterious success of LLMs. Someone else's great video explaining how LLMs work, The HamanNature substack.Help support the Bob Murphy Show.

David Brady Jr joins Bob to discuss his essay on the new neoconservatives, including such figures as Douglas Murray and James Lindsay.Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.The link for this episode’s sponsor, Monetary Metals.David's article on the new neoconservatives, and his article on woke baiting.Help support the Bob Murphy Show.

Economist Steve Landsburg gives a presentation based on his new book, which uses intuitive analogies to really explain the slowdown in time and other odd implications of the theory of special relativity.Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.Order Steve Landsburg's books.A great "Mechanical Universe" episode showing Lorentz transformations with intuitive animations.BMS interview with Landsburg on the math genius Grothendieck.Help support the Bob Murphy Show.

Adam Haman returns for another crossover. In this episode, they give the brief history and a critique of formal game theory.Mentioned in the Episode and Other Links of Interest:The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.Bob's article on A Beautiful Mind.The HamanNature substack.Help support the Bob Murphy Show.

Keith Smith is founder of the Surgery Center of Oklahoma. He returns to the podcast to summarize his recent testimony on medical costs.Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.The CSPAN video of the testimony.The Surgery Center of Oklahoma. The Free Market Medical Association (FMMA). Matt Ohrt's appearance on the BMS.The Tuttle Twins Academy (with Black Friday discount).Help support the Bob Murphy Show.

Founder of the Libertarian Institute, Scott Horton, joins Bob to discuss the new online academy dedicated to revisionist history. Along the way, he explains why he had no trouble being a right-wing antiwar ideologue in his formative years.Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.The link for Scott Horton Academy (use promo code "BOB").Scott's page at the Libertarian Institute.The trailer for The Bibi Files.Help support the Bob Murphy Show.