Machiavelli is the most misunderstood thinker of all time – Ada Palmer

Watch on YouTube ↗  |  June 16, 2026 at 17:54  |  2:08:21  |  Dwarkesh Patel
Speakers
Dwarkesh Patel — Host, Dwarkesh Podcast

Summary

Ada Palmer and Dwarkesh discuss the historical context behind Machiavelli's The Prince, emphasizing Italian city-state instability and papal corruption. They explore Cesare Borgia's influence, the role of patronage in Renaissance justice, and Machiavelli's patriotic exile. The conversation traces how The Prince was meant as secret statecraft for Florence and later became a censored, revived, and misunderstood classic. The episode is historical and political rather than an actionable market discussion.

  • Ada Palmer explains the instability of Italian city-states from broken continuity and expanding papal executive power.
  • She details Cesare Borgia's conquests, fear-based rule, and Machiavelli's first-person observation of him.
  • Patronage is described as the glue of Renaissance justice, employment, and protection from authority.
  • Machiavelli's exile and patriotism shaped The Prince as secret proprietary statecraft for Florence's rulers.
  • The book's publication, censorship, and later revival are tied to Hobbes and 19th-century secular statecraft.
  • The episode contains historical and philosophical discussion but no actionable investment or trading calls.
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