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. Subscribe to GoodFellows for clarity on today’s biggest social, economic, and geostrategic shifts — only on GoodFellows.