Singapore, Xi Jingping Cleans Up SF, & Progressive Dystopias

Singapore, Xi Jingping Cleans Up SF, & Progressive Dystopias

Noah Smith and Erik Torenberg discuss Noah’s travel reflections from Singapore, the recent San Francisco cleanup, and the dystopian routes of progressivism. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join: https://www.daffy.org/econ102


We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

Sponsors: GIVEWELL | DAFFY | NETSUITE

Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.


Daffy is the most modern and accessible donor-advised fund, making it easier to put money aside for charity. You can make your tax-deductible contributions all at once or set aside a little each week or month. And you don’t just have to donate cash, you can easily contribute stocks, ETFs, or crypto. Plus, you never have to track receipts from your donations again. It’s free to get started and Econ 102 listeners get $25 towards the charity of their choice. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join Daffy https://www.daffy.org/econ102


NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.

Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co

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Odd Lots is a Bloomberg podcast hosted by Joe Weisenthal and Tracy Alloway. Each week they speak with the perfect guest to explore the most interesting topics in finance, markets and economics.

https://www.bloomberg.com/oddlots

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Every week investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future. Subscribe to “The Riff” with Byrne Hobart and Erik Torenberg: https://link.chtbl.com/theriff

RECOMMENDED PODCAST: LIVE PLAYERS

Join host Samo Burja and Erik Torenberg as they analyze the mindsets of today’s most intriguing business leaders, investors, and innovators through the lens of their bold actions and contrarian worldviews. You’ll come away with a deeper understanding of the development of technology, business, political power, culture and more. LIsten and subscribe everywhere you get your podcasts: https://link.chtbl.com/liveplayers.

TIMESTAMPS:

(00:00) Episode Preview

(01:53) Noah’s Travel Reflection

(03:58) Singapore’s Secret to Solar Punk

(07:33-18:08) Policies we can learn from Singapore

(10:06) Healthcare

(11:33) Housing Policy

(16:35) Singapore and El Salvador’s Strict Crime Policies

(18:09) Sponsor: GIVEWELL

(19:35) San Francisco’s Sudden Cleanup

(22:00) Government and Social Media and AI

(31:00) Sponsors: DAFFY and NETSUITE

(33:22) Progressive Dystopias

(39:47) Immigration vs Gentification

(43:38) Progressive Education

(46:47) Why Liberalism is Losing the Information War

(51:50) Banning Tik Tok

(57:32) Pronouncing Xi Jing Ping Correctly

Avsnitt(114)

Building a Multi Racial Society

Building a Multi Racial Society

This week on Econ 102, Noah Smith and Erik Torenberg explore the changing racial dynamics in the U.S., highlighting the importance of national identity, and the recent role of social media within that evolution. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj_Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity* Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks* Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822* Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv_We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITENetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–Links:Noahpinion’s “This is not a good way to fight racism in America” on Substack: https://www.noahpinion.blog/p/this-is-not-a-good-way-to-fight-racism–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)–TIMESTAMPS(00:33) Episode Preview(01:40) Google Gemini(03:53) Has history repeated itself?(07:05) A cultural since Trump's residency(10:11) Inspiration for Star Wars(12:30) SPONSOR: NETSUITE(13:40) The aftermath of the Nixon era(22:56) Social media’s role(28:13) Ethnic Enclaves on economic outcomes(29:43) The controversial ideas of Kendi(30:14) Different searches for national identity(38:35) The Challenges of multiracial societies(40:54) History’s role in shaping national identity(47:08) The Impact of education on racial identity(51:40) Concluding thoughts on Americans’ identitiesThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

29 Feb 202450min

Putin, Tucker, and Russia

Putin, Tucker, and Russia

This week on Econ 102, Noah Smith and Erik Torenberg discuss Tucker Carlson’s interview with Vladimir Putin, the state of Russia's economic and military, and the country's relationships with the West. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj_Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity* Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks* Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822* Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv_We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITENetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion “Russia is not actually a very nice place to live” on Substack: https://www.noahpinion.blog/p/russia-is-not-actually-a-very-nice- “The Machine” Bert Kreischer: https://www.youtube.com/watch?v=paG1-lPtIXA&t=1s–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)–TIMESTAMPS(00:00) Episode Preview(01:50) Tucker Carlson's Interview with Putin(04:45) Misconceptions about NATO Expansion(09:44) Poland's Economic Success and Russia's Fear(12:41) Religion in Poland and Russia(16:20) Lessons from Poland's Economic Success(19:12) SPONSOR: NETSUITE(20:55) Tucker's Misconceptions of Russia(26:56) Disparity in Post-Communist Societies(28:27) The Controversy of the EU(29:24) The Real Economic State of Russia(32:08) Putin's Legacy(39:58) Russian Sanctions(51:17) The Future of Warfare: Drones(53:13) Russia's Threat to EuropeThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

21 Feb 202453min

How International Development Works

How International Development Works

This week Noah Smith and Erik Torenberg sit down to deconstruct several economic theories dealing with developing nations, export oriented manufacturing, the roles of engineers across the world, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.He rebuttals arguments made by Turkish economist Dani Rodrik relating to on manufacturing, automation, employment, and more.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj_Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity* Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks* Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822* Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv_➕ We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITE💫 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–📈Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–✍️ LINKS:- Noahpinion "The Developing Country Industrialization series" on Substack: https://www.noahpinion.blog/p/the-developing-country-industrialization- Thread on the economy: https://twitter.com/RealEJAntoni/status/1753450904840286367?s=20- EJ Antoni's "Why the Unemployment Rate Is Much Higher Than It Seems" : https://www.heritage.org/jobs-and-labor/commentary/why-the-unemployment-rate-much-higher-it-seems–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)–TIMESTAMPS(00:20) Episode Preview(02:12) Debunking economic myths(03:03) Unemployment rates(04:56) Alternative labor market indicators(06:40) Misconceptions about inflation(09:33) Understanding borrowing and debt(12:10) SPONSOR: NETSUITE(17:28) The possibility of economic collapse(21:34) International development strategies(26:11) Bangladesh’s need for electronics manufacturing(30:27) Dani Rodrik's views on manufacturing(36:15) The impact of automation on manufacturing(39:19) The role of engineers in manufacturing(43:25) Future of manufacturing in developing countriesThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

14 Feb 202446min

A Deep Dive on Tariffs

A Deep Dive on Tariffs

This week on Econ 102, Noah Smith and Erik Torenberg discuss the role of tariffs in the world economy, Tesla’s positioning in the Chinese market, and economic strategies that the U.S. may need to implement to remain competitive in global trade. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj_Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITENetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion “Tariffs are coming” on Substack: https://www.noahpinion.blog/p/tariffs-are-coming–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)TIMESTAMPS(00:20) Episode Preview(02:17) Trade Policies(05:58) The Impact of Tariffs(08:12) The Future of the U.S. Car Industry(11:42) The Limitations of Tariffs(13:46) SPONSOR: NETSUITE(19:51) The Parallels Between Ford and Musk(27:32) Elon Musk vs China(30:40) Power Dynamics in China(32:26) Europe's Role in the Global Market(34:56) China's Currency Manipulation(40:32) The Need for Industrial Policy(48:01) The Role of Tariffs in Trade(50:08) The Future of U.S. and China Relations(51:46) The Need for Bold LeadershipThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

7 Feb 202450min

Is the Great Stagnation Over?

Is the Great Stagnation Over?

This week, economist Eli Dourado joins Noah Smith and Erik Torenberg to explore the concept of the Great Stagnation and whether it is over, the challenges of scaling in America, the role of governance in hindering progress, the role of new technology in productivity gains, and much more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITENetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–X / TWITTER:@elidourado (Eli)@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)TIMESTAMPS(00:00) Episode Preview(01:44) Perspectives on the Great Stagnation(08:49) Scaling in the U.S.(09:27) Copying Elon Musk(15:36) NIMBYs (18:48) SPONSOR: NETSUITE(20:14) Our intolerance to risk(25:23) The future of airplane manufacturing (31:01) Indicators of the great stagnation(33:09) Techno-optimism and socio-pessimism(39:30) The future of home appliances and robots(41:45) The Impact of mining and construction on productivity(43:19) What about solar snergy?(43:42) Role of government in technological progress(55:26) The importance of overcoming obstaclesThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

31 Jan 202455min

A Deep Dive into Japan

A Deep Dive into Japan

This week on Econ 102, Noah Smith and Erik Torenberg explore several aspects of Japan’s work system, culture, economy, and more, including the seniority promotion system, globally perceived homogeneity, economic transformation, and immigration trends. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Noah highlights Japan's past and current corporate cultures, how working and gender roles have evolved, and his personal journey, explaining how he fell in love with Japan's culture and its transitions over time.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj_Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.Sponsors: NETSUITENetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:'Weebs!' by Noah Smith: https://www.noahpinion.blog/p/weebs'Car Wars' by Noah Smith: https://www.noahpinion.blog/p/car-wars‘Can Japan Compete’ by Michael E. Porter: https://www.amazon.com/Can-Japan-Compete-Michael-Porter/dp/0465059899X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)TIMESTAMPS(00:20) Episode Preview(02:17) Trade Policies(05:58) The Impact of Tariffs(08:12) The Future of the U.S. Car Industry(11:42) The Limitations of Tariffs(13:46) SPONSOR: NETSUITE(19:51) The Parallels Between Ford and Musk(27:32) Elon Musk vs China(30:40) Power Dynamics in China(32:26) Europe's Role in the Global Market(34:56) China's Currency Manipulation(40:32) The Need for Industrial Policy(48:01) The Role of Tariffs in Trade(50:08) The Future of U.S. and China Relations(51:46) The Need for Bold LeadershipThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

24 Jan 202456min

Should We Prepare For a Recession?

Should We Prepare For a Recession?

This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv --RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co--LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/--X / TWITTER:@VinikItay (Itay)@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMediaTIMESTAMPS(00:20) Intro(01:03) The current state of U.S. economy(03:43) Future economic trends(08:25) Economic indicators and predictions(15:24) SPONSOR: GIVEWELL(16:51) Cont. economic indicators and predictions(19:45) Potential economic risks(21:46) Inflation and fiscal policy(29:29) SPONSOR: NETSUITE(32:48) Inflation and monetary policy(35:29) Recapitalization of the banking system(36:34) Long-term deflationary trends(43:23) Housing’s role in wealth effect(48:21) Risky debt(55:22) Conclusions on the future of the economy

17 Jan 202457min

Claudine Gay's Resignation from Harvard & Problems Plaguing Academia & Research

Claudine Gay's Resignation from Harvard & Problems Plaguing Academia & Research

Noah Smith and Erik Torenberg discuss the resignation of Harvard's President Claudine Gay as well as the issues surrounding academic research, such as plagiarism, peer review, academic incentives, and more. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)–TIMESTAMPS(00:25) Episode Preview(03:00) The Claudine Gay Controversy(06:24) Bill Ackman's Role(08:00) Plagiarism's Prevalence in Academia(11:24) Need for External Scrutiny(12:51) Universities in the Private Sector(18:04) The Need for External Scrutiny in Universities(18:30) SPONSOR: GIVEWELL(20:09) The Impact of Incentives(23:33) Issues with Peer Review(25:44) The Importance of Relevant Research(26:35) SPONSOR: NETSUITE(29:13) Research Across Different Fields(30:07) Theory Papers in Economics(32:23) Defining 'Waste' in Academic Research(34:57) Value of Seemingly-Useless Research(36:39) Incentive in Academia(36:44) Fields That Refuse to Die(46:26) Aging Population's Impact on Research(53:10) Future of Academia

10 Jan 202455min

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