AI, data centers, and power economics, with Azeem Azhar
Patrick McKenzie (patio11) is joined by Azeem Azhar, writer of the Exponential View newsletter, to discuss the massive data center buildout powering AI and its implications for our energy infrastructu...
27 Feb 20251h 13min
You can’t retract the facts
In this episode, Patrick McKenzie (@patio11) responds to a recent request by a crypto unicorn founder / bank CEO to retract his essay Debanking (and debunking?). Come for the note about editorial stan...
20 Feb 202542min
Stablecoins and shenanigans, with Zeke Faux
In this episode, Patrick McKenzie (@patio11) is joined by Zeke Faux, investigative reporter at Bloomberg and author of Number Go Up, to discuss stablecoins and crypto fraud. They dive into Tether's co...
13 Feb 20251h 27min
Power plays: grid economics and engineering, with Travis Dauwalter
Patrick McKenzie (@patio11) is joined by Travis Dauwalter, energy enthusiast (and PhD), to explain the systems we often take for granted behind the US electrical grid. The conversation covers how the ...
6 Feb 20251h 13min
The landmines buried in the fine print of Chicago’s new casino deal
In today’s episode Patrick McKenzie (@patio11) examines a Chicago casino investment, first of its kind within the city limits. Patrick reads from his Bits About Money essay (published January 2025) wi...
30 Jan 202543min
The banking crisis, two years later
Patrick McKenzie (@patio11) revisits his March 2023 essay that explained the dynamics of bank runs and system stress during the banking crisis one month prior. With data from a newly released Federal ...
23 Jan 20251h 9min
Debanking explained
In this episode, Patrick McKenzie (@patio11) unpacks his 24k word essay Debanking (and Debunking?) originally published on Bits about Money. He discusses the contours of recent debanking claims made b...
16 Jan 20251h
Retrospective on 2024, with Sammy Cottrell
In this special episode, Patrick McKenzie (@patio11) and his EA/producer Sammy Cottrell examine the production function behind Complex Systems, from studio logistics to transcript annotation and guest...
9 Jan 20251h 3min
