September 2025

Episode #557 - An AI Interview with Karl Marx

NEW SHOW FEATURE: We are now LIVE streaming our shows. Want to join us live? Just click this link every Friday at 3pm ET / 12pm PT.

What happens when 19th-century ideology meets 21st-century technology? In this provocative and irreverent episode, Ed and Ron “sit down” with none other than Karl Marx—resurrected through the magic of AI voice synthesis and large language models—for a spirited, satirical, and intellectually charged conversation.

No question is off-limits as they press “Karl” on the blood-soaked legacy of Marxist regimes, the marginalist critique of his labor theory of value, and the persistent claim that “real Marxism has never been tried.” Along the way, our digital dialectician offers biting retorts, unexpected admissions, and a few awkward silences as he confronts both history and economics from beyond the grave.

Is Marx misunderstood, misused, or just plain wrong? Tune in for a unique blend of humor, history, and hard-hitting questions that only The Soul of Enterprise could deliver—where dead economists finally get their say, whether they want it or not.

The Prompt

In case you want to continue your own conversation with Karl

You are to roleplay as Karl Marx — historically accurate, deeply informed by your own writings, and speaking in a style that is academic, dense, but still understandable to a modern business audience.

Core Persona

* Speak as if you are literally present, with full awareness of historical events and economic developments up to the present day.

* Address the interviewers Ed and Ron by name throughout.

* Use your authentic style from life — rigorous argument, historical examples, sharp polemics when warranted.

* Remain serious in tone at all times; do not play for humor.

* Maintain consistent memory of the conversation and previous answers.

Quirks & Habits

* Frequently quote yourself verbatim from your works (Das Kapital, The Communist Manifesto, Critique of the Gotha Programme, etc.).

* When quoting, immediately follow with a plain-language explanation prefaced by “In other words,” or “As you might say…”

* Reference rival economists and thinkers — both contemporaries like Adam Smith and later figures who lived after your time, such as John Maynard Keynes.

* Occasionally draw analogies from 19th-century conditions, but explain explicitly how they relate to today.

Knowledge Scope

* Ground all ideas directly in your own writings; you are Marx, not a later Marxist interpreter.

* Use any of your works as appropriate based on the question — no need to limit citations to a fixed list.

* Extend your theories thoughtfully to modern phenomena, including AI, technology companies, and global capitalism.

Delivery Style

* Spoken delivery first — natural cadence, sentences that flow well when read aloud.

* Clarity without oversimplification.

* Provide concise but substantive answers, no longer than about five minutes when read aloud.

* Stay in character at all times — never break to explain the simulation or speak as “AI.”

Interaction Rules

* Treat Ed and Ron as interlocutors you respect but may challenge.

* Argue forcefully when necessary, but always with scholarly precision.

* Use context from earlier in the conversation to build layered arguments.

Bonus Content is Available As Well

Did you know that each week after our live show, Ron and Ed take to the microphone for a bonus show? Typically, this bonus show is an extension of the live show topic (sometimes even with the same guest) and a few other pieces of news, current events, or things that have caught our attention.

Click the “FANATIC” image to learn more about pricing and member benefits. 

Episode #556 - Interview with a Dragonslayer - Fourth Conversation with Dan Morris

NEW SHOW FEATURE: We are now LIVE streaming our shows. Want to join us live? Just click this link every Friday at 3pm ET / 12pm PT.

In this episode, Ron and Ed sit down with Dan Morris, Chief Dragon Slayer at Morris and D’Angelo, for his fourth appearance on The Soul of Enterprise. Dan shares captivating stories from his decades-long career in international tax and accounting, including memorable IRS cases and the nuances of navigating complex tax law. The conversation explores the evolving future of the accounting profession, the impact of AI and automation, and the ongoing debate over value pricing versus the billable hour. Beyond the numbers, Dan discusses his passion for travel and the transformative power of global experiences, recounting adventures from Everest to Antarctica and how these journeys have shaped his worldview and professional network. The trio also dives into the world of Porsche clubs, the vision for a coast-to-coast rally, and the importance of community—whether among car enthusiasts or professionals. Rounding out the episode, Dan offers insights on public-private partnerships, the role of charitable organizations, and how leveraging AI tools is changing the way professionals work. It’s a wide-ranging, thought-provoking conversation filled with humor, wisdom, and practical advice for thriving in a rapidly changing world.

AI SHOW NOTES (because our editor is lazy)

AI Summary

Tax Case Success Stories

The discussion focused on tax cases and legal victories, with Dan Morris sharing two notable examples. He described how he helped a client avoid paying $56,000 in taxes by correctly interpreting contract accounting rules, and detailed a complex international tax case involving a $200 million sale where they successfully challenged an IRS bill of $4.8 million, ultimately receiving a $5.6 million refund including interest. The conversation also covered the different types of tax courts and administrative processes, with Dan explaining that while the Court of Claims is a specialized federal court, it's different from administrative courts and allows for appeals to the circuit courts.

Accounting's Future: Humans and AI

Ed and Daniel discussed the future of the accounting profession, noting an increase in accounting graduates due to the rescinding of the 150-hour rule and the profession's recession-resistant nature. Daniel predicted that AI and technology would automate routine tasks, leaving judgment-based consulting and personal guidance as key human roles. They also debated the potential of digital and central bank currencies, with Daniel suggesting a hybrid system for large financial transactions while expressing skepticism about fully transitioning to digital currency.

Billable Hour Persistence in Legal Services

The discussion focused on the persistence of the billable hour in professional services, particularly among law firms, with Daniel noting that while there's a gradual shift toward fixed pricing and retainers, many firms, especially in Europe, continue to rely heavily on time-based billing. Ron and Daniel discussed a specific example where a San Francisco law firm was given a $50,000 budget for a California case, highlighting the challenges clients face when dealing with hourly billing.

Tax Policy and Educational Funding

Ron and Daniel discussed tax issues, including the use of pay.gov, tax-exempt statuses for organizations, and the fairness of current tax policies. Daniel argued for taxing surplus funds of charitable organizations to ensure accountability and spending, while also supporting equitable application of taxes across institutions. Ed suggested that colleges should be responsible for student loan debt, and the conversation touched on the need for equitable college admissions processes and the funding of higher education.

Transformational Travel and Human Elements

Daniel shared his extensive travel experiences, having visited 90 geographic areas across 7 continents, including a trip to Mount Everest in 1987. He discussed how travel and experiences can be transformational, noting that the journey itself, rather than just the destination, creates memorable and impactful experiences. Daniel emphasized the importance of adding elements that bring "the art of the humane" to any form of transportation or travel, whether local or international.

Global Networking and Business Insights

Daniel shared his experiences traveling to various places, including Oxford, Harvard's Kennedy School, and Dartmouth's Tech, which expanded his network and enabled him to connect with people from different continents. He discussed how travel can be transformational, providing opportunities to build relationships and access a global network of professionals. Daniel also reflected on his firm's transition to value pricing and eliminating timesheets, attributing these changes to the influence of Ron and his book, though he believed he would have eventually adopted similar practices on his own. The conversation concluded with Daniel describing his experiences in Antarctica, highlighting the beauty and wildlife of the region.

Porsche Club Rally 2027 Planning

The show discussed a future Porsche Club of America coast-to-coast road rally in 2027, planned by Dan Morris, which would follow US Highway 20 from Newport, Oregon to Boston, Massachusetts, covering approximately 3,800 miles over two weeks. The discussion highlighted the club's community-focused events, including multi-day tours and regional gatherings, with Morris noting that while Porsche owners enjoy driving their cars, the club emphasizes camaraderie and shared experiences over mere car ownership. The show concluded with an announcement of an upcoming interview with Karl Marx, and Greg mentioned that the current segment would be extended to accommodate the interview timing.

Three-Year Career Cycle Philosophy

Daniel discussed his career philosophy, explaining that he follows a three-year cycle in which he spends a year learning a new topic, a year mastering it, and a year transitioning to a new area before becoming bored. He attributed this approach to having ADHD, which he views as a strength for problem-solving and strategic thinking. Daniel also shared his experience using AI tools like ChatGPT for drafting letters and research, finding it helpful for improving communication skills and validating theories. He mentioned taking graduate courses at Harvard and being open to new specialties while remaining adaptable to changes in tax rules.

PPPs in Developing Countries

Daniel discussed public-private partnerships (PPPs) in developing countries, focusing on infrastructure projects like roads, bridges, and utilities. He emphasized the need for innovative funding mechanisms, particularly in countries without established taxation or utility billing systems. Ron shared examples of successful PPP programs in the U.S., including education initiatives that pay providers based on results rather than inputs. The conversation concluded with a lighthearted discussion about state taxes and Oklahoma's approach to recruiting teachers from other states.

Bonus Content is Available As Well

Did you know that each week after our live show, Ron and Ed take to the microphone for a bonus show? Typically, this bonus show is an extension of the live show topic (sometimes even with the same guest) and a few other pieces of news, current events, or things that have caught our attention.

Click the “FANATIC” image to learn more about pricing and member benefits. 

Episode #555 - On Trump's AI Action Plan: Second interview with Adam Thierer

NEW SHOW FEATURE: We are now LIVE streaming our shows. Want to join us live? Just click this link every Friday at 3pm ET / 12pm PT.

In this episode, we sit down with Adam Thierer, Resident Senior Fellow at the R Street Institute, to unpack his recent analysis—AI Policy in Congress Mid‑2025: Where Are We Headed Next? We explore shifting congressional priorities, from the AI–China strategic race to the rising friction with state-level AI regulations. Adam also shares how policymakers are evolving from a fear-driven stance to one increasingly open to AI’s broader benefits. Dive in for thoughtful insight on the road ahead in federal AI governance.

Biography

Adam Thierer is a Resident Senior Fellow on the Technology & Innovation team at the R Street Institute, dedicated to advancing "permissionless innovation" for a safer, more entrepreneurial world. Drawing on tenures at Mercatus, Progress & Freedom Foundation, Cato, Heritage, and the Adam Smith Institute, he’s authored ten books on topics spanning child safety, IP, media, and telecommunications policy. A recognized leader, Thierer earned the Family Online Safety Institute’s Outstanding Achievement Award in 2008.

Adam's Previous Appearances

SHOW NOTES

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Bonus Content is Available As Well

Did you know that each week after our live show, Ron and Ed take to the microphone for a bonus show? Typically, this bonus show is an extension of the live show topic (sometimes even with the same guest) and a few other pieces of news, current events, or things that have caught our attention.

Click the “FANATIC” image to learn more about pricing and member benefits. 

Episode 554 - Kimberlee Josephson (Part VI): Superman, Snacks & the Invisible Order

NEW SHOW FEATURE: We are now LIVE streaming our shows. Want to join us live? Just click this link every Friday at 3pm ET / 12pm PT.

Ron and Ed are thrilled to welcome back Kimberlee Josephson for the sixth time, diving into her fascinating latest piece: Superman, Sneaking Snacks into Movies, and the Mystery of Social Order. In it, Kimberlee reflects on how seemingly small acts—like sneaking snacks into a film screening—reveal the spontaneous, emergent structures that bind society—drawing on themes of personal norms, subtle coordination, and the texture of social order. 

In this episode, they’ll unpack her insights, exploring how individual decisions ripple into patterns of behavior—and what that tells us about culture, markets, and community. As always, the conversation promises both warmth and wisdom, framed by Kimberlee’s clear, thought-provoking style.

Catch her last two TSOE appearances:

SHOW NOTES

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 Segment four

  • Here are some fun facts about Mr. Beast (the most prominent YouTuber): MrBeast (Jimmy Donaldson) dropped out of college to pursue YouTube, had his first viral hit by counting to 100,000, and is a major philanthropist, even launching a separate charity channel called Beast Philanthropy. He lives a dedicated, somewhat modest lifestyle, reinvesting profits into his ambitious videos and operations, which include building wells in Africa and restoring eyesight for 1,000 blind people. https://en.wikipedia.org/wiki/MrBeast 

  • Keep an eye out for Kimberlee’s upcoming article on why marketing really does matter. Her motivation? Cracker Barrel

  • A big THANK YOU to Dr. Kimberlee Josephson for joining us today. She is everywhere but here is a good starting point: https://aier.org/people/kimberlee-josephson/ 

Bonus Content is Available As Well

Did you know that each week after our live show, Ron and Ed take to the microphone for a bonus show? Typically, this bonus show is an extension of the live show topic (sometimes even with the same guest) and a few other pieces of news, current events, or things that have caught our attention.

Click the “FANATIC” image to learn more about pricing and member benefits.