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Does the current conflict in the Middle East suggest that America has learned from its recent past wars? Hoover Institution Director and former US Secretary of State Condoleezza Rice joins GoodFellows regulars Sir Niall Ferguson, John Cochrane and Lt. Gen. H.R. McMaster to discuss the prospects of an oil “shock” prompted by a prolonged closure of the Strait of Hormuz as well as a political “shock” back in the US when voters go to the polls in November, China and Russia’s losses in terms of stature and friendly regimes, plus what the Anthropic-Pentagon legal kerfuffle suggests about the role of emerging technology in history’s first AI-enabled war and the problems in being portrayed as a societal menace. Afterwards: the fellows reflect on the 250th anniversary of Adam Smith’s The Wealth of Nations, billionaires in the crosshairs of the “affordability” debate, and why they won’t be watching the upcoming Academy Awards.
Recorded on March 11, 2026.
ABOUT GOODFELLOWS
GoodFellows: Conversations on Economics, History, and Geopolitics is a flagship videocast from the Hoover Institution. Senior fellows John Cochrane, Niall Ferguson, and H.R. McMaster cut through the noise, challenge conventional wisdom, and explain what’s driving markets, power, and public policy. Drawing on rigorous economic analysis, deep historical perspective, and national security leadership at the highest levels, these leading thinkers deliver clear, trusted insight into the challenges facing the United States while debating the forces shaping the modern world.