The Deindustrialization Paradox

This week, Noah Smith and Erik Torenberg explore topics ranging from the futuristic themes of Black Mirror and the societal impact of technology to a critical analysis of Trump’s de-industrializing tariff policies versus Biden’s growth-focused subsidies, while also examining libertarianism’s influence on American politics and the cultural shifts it may entail.

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

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FOLLOW ON X:

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@eriktorenberg

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RECOMMENDED IN THIS EPISODE:

Worst-case scenarios and endgames for the Trump economy: https://www.noahpinion.blog/p/worst-case-scenarios-and-endgames

In which I review almost every episode of Black Mirror: https://www.noahpinion.blog/p/in-which-i-review-almost-every-episode

Noahpinion: https://www.noahpinion.blog/

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TAKEAWAYS:

• Trump Administration Policies Discussion: Noah contrasts Trump's first term (pre-2019) with his expectations for the current term.
• Biden Administration's Industrial Policy Approach: Noah highlights the different approach under Biden: adding support rather than disrupting existing systems.
• Political and Economic Commentary: There's a discussion about Oren Cass (identified as a "conservative econ blogger" with a law degree) and his positions on industrial policy and tariffs.
• Social Media's Impact on American Society: Noah presents a theory that America was "uniquely vulnerable" to social media's effects due to its geographical and ideological diversity.
• Personal and Cultural Notes: The beginning features a discussion about the TV show "Black Mirror" and its exploration of technology implications.

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