Episode 2
Entrepreneurship and Free Markets in the Age of AI
Mises Media · Mises Institute
February 24, 2026
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Show Notes
Dr. Peter Klein explores whether AI can ever replace human entrepreneurs and central planners, arguing from Mises’ calculation problem that even “thinking machines” can only mimic, not originate, the real-world judgment and ownership that markets require.
Recorded in Oklahoma City, Oklahoma, on February 21, 2026. Special thanks to Michael and Beverley Starkey and Gil Robinson for sponsoring this event.
Topics
Calculation and KnowledgeCapitalismEntrepreneurshipThe Entrepreneur