Is neoliberalism a real intellectual tradition or just an insult? Tho Bishop argues it is real and precise: a program for a regulated market economy running on technocratically managed, socialized money. The Rothbardians, he concludes, have been the only sustained non-socialist opposition. Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2026. Mises University is the world’s leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.