The New Axis, Neoliberalism, and Germany [Mailbag]

In today’s episode, Noah Smith and Erik Torenberg summon their next dream guest and tackle some listener questions, including the role of economists in predicting outcomes, China's industrial strategy, the new axis, the state of Germany and Britain, and the legacy of neoliberalism.

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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co

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LINKS:

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TIMESTAMPS:

(00:00) Intro

(00:26) Noah's trip to Poland

(01:31) Summoning dream guests - Sergey come on the pod!

(02:43) Mailbag Q: Why listen to economists?

(09:18) Corporate income taxes and policy

(11:59) Unrealized gains

(15:18) China's industrial strategy and global relations

(17:37) The New Axis

(21:25) Potential for World War III

(24:06) Sponsor: WorkOS

(25:08) Best industrial policy for small landlocked South Asian nations

(25:47) Drug prizes in the US

(27:29) Nationalistic standpoint and fiscal rules

(31:08) Controversies around national sales tax

(33:01) Geothermal energy and the future of oil industry

(35:54) Germany's energy and economic policies

(38:52) State of Britain and Immigration Issues

(47:41) The legacy of Neoliberalism

(53:13) Wrap