Turpentine
"Econ 102" with Noah Smith and Erik Torenberg
Economist and "Noahpinion" writer Noah Smith and investor Erik Torenberg make sense of what’s happening in the news, technology, business, and beyond, through the lens of economics.
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Episodes
Mini: Tariffs on China, Trump, and National Security 25.10.2024 22:07
Noah breaks down the number one issue no one is grappling with in regards to tariffs on China. For full shownotes, visit highlight: https://highlightai.com/share/1835116c-516d-4cab-a2ee-19f4504bc263 -- Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess -- SPONSOR: GiveWell GiveWell spends 50,000 hours every year doing deep-dives into different cha...
Progressivism: Past, Present, Future 23.10.2024 57:37
This week on Econ 102, Noah Smith and Erik Torenberg delivers a masterful analysis of American progressivism's rise, fall, and potential future resurrection as a class-focused movement in the 2030s. For full show notes, visit: https://highlightai.com/share/c29e2f67-3580-4753-913b-f87c744c6118 -- 📰Be notified early when Turpentine drops new publication: https://www.turpentine.co/exclusiveaccess ...
Comparing Trump, Biden, and Obama's China Strategies 18.10.2024 8:04
Noah Smith breaks down the last two decades of US-China policy shifts - and where we go from here in anticipation of the November election. Let us know if you like these short-form Econ 102 friday bonus episodes by emailing econ102@turpentine.co. -- Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess -- SPONSOR: GiveWell GiveWell spends 50,000 hour...
Why Nations Fail, AI & Jobs, Economics as a Science 17.10.2024 41:45
This week on Econ 102, Noah Smith and Erik Torenberg tackle the shift in economic research from empirical studies to "big think" theories, critically examine Acemoglu's work on institutions and AI's impact on jobs, and debate the future of economics as a science. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/ -- RECOMMENDED PODCAST: 🎙...
Kamala vs. Trump: Economic Plans and Foreign Policy Showdown 09.10.2024 54:07
This week, Noah Smith and Erik Torenberg discuss the political nuances that influence the Republican and Democratic parties in the U.S. They explore the historical shifts in party dynamics, immigration policies, and the evolving economic strategies under potential future administrations. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/ -...
International Development, The Reserve Currency, and Xi Jinping’s Legacy 02.10.2024 50:07
This week, Noah Smith and Erik Torenberg unpack China's economic strategies under Xi Jinping, from the controversial tech crackdown to the ambitious Belt and Road Initiative. They explore the intricacies of international currency dynamics, dissect Ben Bernanke's pivotal role in the 2008 financial crisis, and examine the complex effects of brain drain on developing nations. -- 🔥 Apply to join over...
Noah's new book topic, Evaluating Immigration, Saving Midwestern Cities 26.09.2024 1:00:22
In today’s episode, Noah Smith and Erik Torenberg dive into the complexities of immigration, global economic development, and cultural stereotypes. Noah also shares insights from his upcoming book on reviving Japan's economy, examining strategies like innovation, reforming large corporations, and attracting foreign investments. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Netw...
Fracking, China, Immigration 18.09.2024 59:23
In today’s episode, Noah Smith and Erik Torenberg explore the complexities surrounding fracking, China's economic growth and challenges, and tackle a controversy in Springfield involving false claims about Haitian immigrants and the larger implications for U.S. immigration policy. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/ -- RECOMM...
Preparing for a Second China Shock and Bad Economists with Brad DeLong 13.09.2024 1:05:15
In today’s episode, Noah Smith and Brad DeLong tackle pressing topics such as the potential for a 'China Shock 2', the effectiveness of missile defense systems, and the shifting role of economists since the Great Recession. They also explore the nuances of economic theory, policy implementation, and real-world outcomes, particularly in a fast-paced information age. -- 🔥 Apply to join over 400 Fo...
The New Axis, Neoliberalism, and Germany [Mailbag] 05.09.2024 52:53
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. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/ -- RECOM...
Anthropic CEO Dario Amodei on AI's Moat, Risk, and SB 1047 29.08.2024 56:57
This week, Noah Smith and Erik Torenberg are joined by Dario Amodei, CEO and Co-founder of Anthropic. Dario talks about the economics of AI development, the comparative advantage of AI companies like Anthropic, AI safety, and his stance on California's SB 1047 bill. They also discuss the impacts of AI on global power dynamics, competition between the US and China, and inequality in an AI-powered w...
Kamala/Trump Policy Discussion: Housing, Immigration, Tariffs 21.08.2024 58:40
In today’s episode, Noah Smith and Erik Torenberg explore the the policies of Kamala Harris and Donald Trump, complexities of housing affordability and wealth storage, challenges in immigration policies, and critique the effectiveness of tariffs. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj RECOMMENDED PODCAST: 🎙️ This Won't L...
Tech Maturity and What Lies Ahead 14.08.2024 1:00:41
This week on Econ 102, Noah Smith and Erik Torenberg discuss the differentiation between technology and 'tech' as an investment category, the future of AI, potential profitability of AI companies, and the challenges faced by VC investors in the AI space. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj -- RECOMMENDED PODCASTS: 🎙️...
Explaining Kamala’s VP Pick, the US Economy, Venezuela’s Fall and China’s Rise 07.08.2024 1:01:39
This week, Noah Smith and Erik Torenberg discuss the implications of Tim Walz as Kamala Harris' VP pick, the stock market chaos of Monday August 5th, the state of the U.S. economy, the economic collapse of Venezuela, and the growth of East Asian countries. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj -- RECOMMENDED PODCASTS:...
AI, Software, and White-Collar Jobs 31.07.2024 58:58
In today's episode, Noah Smith and Erik Torenberg tackle pressing listener questions focused on the economic impact of AI, software, immigration, and more. They also cover the potential for economic development in poor countries and the evolving nature of industrial policy in the US and China. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/...
Kamala's Chances, Biden/Trump's Legacy 26.07.2024 56:29
In today’s episode, Noah Smith and Erik Torenberg discuss the potential of Kamala Harris as a presidential nominee, President Biden’s legacy, impact of COVID-19 on the economy and inflation, and the recent shifts in U.S. foreign relations and immigration policies. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj -- RECOMMENDED PO...
J.D. Vance, Biden's Path Forward, and Silicon Valley’s Shift to Trump 17.07.2024 1:01:04
In today’s episode, Noah Smith and Erik Torenberg discuss the nomination of JD Vance as Vice President, Trump's political strategies, and the potential geopolitical shifts with a focus on China. The conversation also covers Biden's policy continuity and the role of tech leaders in shaping political directions. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplog...
Evaluating Trump’s Policy Platform 10.07.2024 56:47
This week on ECON 102, Noah Smith and Erik Torenberg discuss the Republican Party platform and its focus on economic issues. They also cover the influence of Trump-era policies, the evolving stance on immigration policies, cost reduction on education, housing and healthcare - and what Noah would do if he was the enlightened despot in charge of the US. 🔥 Apply to join over 400 Founders and Execs...
The 'Be Careful What You Wish For' Episode 06.07.2024 54:37
This week on Econ 102, Noah Smith and Erik Torenberg celebrate America by discussing its future. They explore the 2024 presidential outlook, the Chevron ruling from the Supreme Court, and the polarization of the education system. Noah and Erik also discuss where wokeness goes from here, and the potential outcomes of integrating more conservatives into the civil service through initiatives like Pro...
Trump/Biden, Chomsky/Foreign Policy, & Romantic Relationships 25.06.2024 1:01:25
In today’s episode, Noah Smith and Erik Torenberg answer listener questions on intriguing topics from politics to personal relationships. They analyze Donald Trump, discuss Chomsky's influence on foreign policy, explore the economics of dating markets, and discuss Noah's theory 'why sex leads to love'. 🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typ...
The Macro Episode 19.06.2024 53:49
In today’s episode, Noah Smith and Erik Torenberg dive into some listener questions on economics and macroeconomics issues. They discuss the Federal Reserve's strategy on interest rates, the complexities of macroeconomic prediction, the evolution of industrial policy, and pick the best economists of all time. 🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxq...
Europe, Immigration, and Taiwan 13.06.2024 1:02:04
Today Noah Smith and Erik Torenberg answer more listener questions covering the surge of support for the hard right in European elections, the impact of immigration in Europe and the US, the future of Social Security, the stability of banks, and the best and worst taxes in the US. They also dive into the negative impact of China conquering Taiwan and why it is important to stand up against China's...
The Vibecession & the Future Economy under Trump vs Biden with Kyla Scanlon 05.06.2024 1:05:08
In this episode, Noah Smith and Erik Torenberg are joined by Kyla Scanlon, creator, writer, analyst, and author of new book “In this Economy?" They discuss the vibecession, the housing crisis, leader fatigue, and the impact of the economy on political polarization and the age of austerity. The conversation also covers the impact of Trump's economic policies, the risk of hyperinflation, and the pot...
Elite Overproduction and the Future of the Right 29.05.2024 59:44
Today Noah Smith and Erik Torenberg discuss the recent angry posts on X from David Austin Walsh, a history postdoc at Yale, and what this controversy says about the social and economic trends of the elite in the US. They also cover the the rise of right-wing muckrakers, discuss what the conservative movement needs now, and who they consider the smartest thinkers today are - on the left and the rig...
Controlling US Inflation, Global Trade, and the Future of India and Japan 22.05.2024 57:27
In today’s episode, Noah Smith and Erik Torenberg respond to pressing questions on US inflation, the possibility of the US becoming a petro-state, global trade dynamics in the context of geopolitical shifts, the potential impacts of de-dollarization, and the sustainability of defense strategies. They also cover the impact of recent wars, and discuss India and Japan. Thanks to all the listeners who...
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