"Econ 102" with Noah Smith and Erik Torenberg

Natalie Toren

Economist and 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

  • 1 hour 5 minutes
    J.D. Vance, Biden's Path Forward, and Silicon Valley’s Shift to Trump

    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://hmplogxqz0y.typeform.com/to/JCkphVqj


    --

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/us/podcast/complex-systems-with-patrick-mckenzie-patio11/id1753399812


    --

    SPONSORS: BEEHIIV | BABBEL | COMMANDBAR | WARP


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months


    🦾 Level up your ineffective website chatbot with CommandBar. CommandBar builds a new type of web assistant which delivers highly personalized responses, real time co-browsing, and can perform actions on behalf of the users. Learn how Hashicorp, Gusto, Freshworks and more use CommandBar at https://commandbar.com/moz


    This episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.


    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS:

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


    _

    TIMESTAMPS:

    (00:00) Intro

    (00:22) Analyzing J.D. Vance's VP Nomination

    (03:11) J.D. Vance's policy positions and influence

    (09:14) Trump's foreign policy and asia focus

    (14:07) Healthcare spending and political shifts

    (17:58) Biden's continuation of Trump policies

    (22:36) Sponsors: Beehiiv and Babbel

    (25:11) Potential changes if Trump gets re-elected

    (26:34) Silicon Valley's political shift

    (33:46) Democrats' relationship with technology

    (37:06) Elon Musk's political shift

    (46:40) Sponsors: CommandBar and Warp

    (48:51) Current state of stability in the US

    (55:49) Future of U.S.-China relations

    (59:22) Importance of patriotism in the 2030s

    (01:04:52) Role of tech leaders in influencing politics

    (01:05:12) Wrap

    17 July 2024, 9:41 am
  • 1 hour 1 minute
    Evaluating Trump’s Policy Platform

    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 in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/us/podcast/complex-systems-with-patrick-mckenzie-patio11/id1753399812


    --

    SPONSORS: BEEHIIV | BABBEL | COMMANDBAR | WARP


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months


    🦾 Level up your ineffective website chatbot with CommandBar. CommandBar builds a new type of web assistant which delivers highly personalized responses, real time co-browsing, and can perform actions on behalf of the users. Learn how Hashicorp, Gusto, Freshworks and more use CommandBar at https://commandbar.com/moz


    This episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.

    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS:

    Let's evaluate the whole Republican party platform!: https://www.noahpinion.blog/p/lets-evaluate-the-whole-republican

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

    _

    TIMESTAMPS:

    (00:00) Intro

    (00:19) Analyzing the Republican Party Platform

    (01:53) Economic focus of the platform

    (02:25) Cultural shifts in the Republican Party

    (05:19) Comparing past and present platforms

    (09:10) Immigration policies and their impact

    (12:03) Sponsors: Beehiiv and Babbel

    (14:38) Inflation and economic strategies

    (20:15) Merit-based immigration and family reunification

    (24:48) Building the greatest economy in history

    (27:47) Sponsors: CommandBar and Warp

    (29:59) Role of government in elder care

    (33:42) Proposed solutions for California's budget

    (36:26) Reducing costs in education, housing, and healthcare

    (42:04) Boosting exports and trade policies

    (45:41) Manufacturing productivity and challenges

    (57:08) Trump's impact on Republican policies

    (01:00:36) Wrap

    10 July 2024, 10:01 am
  • 59 minutes 22 seconds
    The 'Be Careful What You Wish For' Episode

    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 Project 2025. 


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/id1753399812https://podcasts.apple.com/id1753399812

    --

    SPONSORS: BABBEL | BEEHIIV | WARP | METAVIEW


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months


    This episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.


    Metaview is the AI assistant for interviewing. Metaview completely removes the need for recruiters and hiring managers to take notes during interviews—because their AI is designed to take world-class interview notes for you. Team builders at companies like Brex, Hellofresh, and Quora say Metaview has changed the game—see the magic for yourself: https://www.metaview.ai/heretics

    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS:

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

    _

    TIMESTAMPS:

    (00:00) Intro

    (01:55) Debate on Biden and Trump's political future

    (03:13) Kamala Harris and democratic strategy

    (07:10) Deep state and government fiefdoms

    (11:34) Bernie Sanders and election interference

    (14:00) Chevron ruling and regulatory power

    (19:14) Sponsors: Beehiiv | Babbel

    (21:49) Project 2025 and civil service polarization

    (29:41) Floyd protests and anti-Trump sentiment

    (33:08) Palestine protests and political exhaustion

    (35:14) Sponsors: Warp | Metaview

    (37:15) Samo Bersia's administrative state proposal

    (39:06) Role and funding of the Department of Education

    (41:02) Teachers' unions and education reform

    (47:40) Class and identity in American society

    (54:17) Future of basic income and poverty reduction

    (58:32) Wrap

    6 July 2024, 8:20 am
  • 1 hour 7 minutes
    Trump/Biden, Chomsky/Foreign Policy, & Romantic Relationships

    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.typeform.com/to/JCkphVqj

    -- 

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/id1753399812https://podcasts.apple.com/id1753399812

    --

    SPONSORS: BABBEL | BEEHIIV | WARP


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months


    This episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.

    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS:

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:20) Assessing Trump's Presidency
(03:20) Trump's Presidency: The good and the bad

    (12:32) Biden vs. Trump: Second term predictions

    (16:18) Sponsor: Babbel and Beehiiv

    (18:53) Tech's shift towards Trump

    (25:20) Chomsky's influence on foreign policy

    (30:49) Sponsor: Warp

    (31:48) Anti-American sentiment: A global perspective

    (35:46) Economic schools of thought

    (37:08) Ranking federal reserve chairs

    (41:00) Paul Krugman's legacy

    (42:49) Economic models and dating markets

    (47:22) Role of sex in long-term relationships

    (53:56) Coolidge effect and human relationships

    (01:00:38) Genetics and long-term passion

    (01:03:23) Wrap

    25 June 2024, 9:04 am
  • 56 minutes 34 seconds
    The Macro Episode

    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://hmplogxqz0y.typeform.com/to/JCkphVqj

    -- 

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/id1753399812https://podcasts.apple.com/id1753399812

    --

    SPONSORS: BABBEL | BEEHIIV


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months

    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS:

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:35) Federal Reserve's approach to interest rates and inflation

    (02:48) Challenges in macroeconomic predictions

    (04:46) Microeconomic foundations of macroeconomics

    (07:53) Debating the greatest economists

    (10:19) University economics departments and their cultures

    (13:25) Great financial crisis: Causes and Misconceptions

    (18:50) Sponsor: Babbel and Beehiiv

    (21:25) Stabilizing Nominal Gross Domestic Product (NGDP)

    (25:50) Mechanisms of fiscal and monetary policy

    (29:42) Embracing industrial policy

    (37:13) Challenges in U.S. industrial policy

    (42:20) Threat of bioweapons and AI

    (49:21) Economic development with AI and automation

    (51:23) Economic impacts of high interest rates

    (53:44) Engaging with policymakers and future initiatives

    (55:09) Wrap

    19 June 2024, 7:00 am
  • 1 hour 4 minutes
    Europe, Immigration, and Taiwan

    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 aggression. 


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    RECOMMENDED PODCAST:

    Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

    Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

    Apple: https://podcasts.apple.com/id1753399812https://podcasts.apple.com/id1753399812

    --

    SPONSORS: BABBEL | BEEHIIV


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months

    _

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    _

    LINKS:

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:25) European elections and economic concerns

    (05:41) Comparing immigration in the US and Europe

    (12:01) Immigration in Japan and Vietnam

    (14:01) Brain drain in small countries and economic challenges

    (15:59) Sponsor: Babbel and Beehiiv

    (18:34) Social security and population growth

    (22:04) Banking crisis and regulations

    (26:56) Taxation: Best and worst practices

    (32:00) Government spending and infrastructure

    (37:16) Future of Intel and the chip industry

    (40:57) Manufacturing vs. Service-based development

    (49:54) Japan-Korea relations and generational change

    (56:49) Threat of China and global alliances

    (01:03:06) Wrap

    13 June 2024, 8:49 am
  • 1 hour 8 minutes
    The Vibecession & the Future Economy under Trump vs Biden with Kyla Scanlon

    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 potential for war with China. Crush your 2024 goals and learn a new language with Babbel - get 60% off at Babbel.com/econ102


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    

    --

    Recommended Podcast: The Riff with Byrne Hobart

    Byrne Hobart, the writer of The Diff, is revered in Silicon Valley. You can get an hour with him each week. See for yourself how his thinking can upgrade yours.

    Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt

    Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486


    --

    SPONSORS: BABBEL | BEEHIIV


    🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at Babbel.com/econ102


    🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months

    _

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    _

    LINKS:

    Kyla Scanlon: https://kylascanlon.com/

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:27) Understanding economic misconceptions

    (02:27) Vibecession

    (03:36) Interest rates and inflation debate

    (08:05) Generational wealth and housing

    (15:06) Sponsor: Babbel and Beehiiv

    (17:41) Monopolization of land and housing

    (22:55) Speculation and financial nihilism

    (28:40) Political influence on economic perception

    (36:44) Economic polarization and bifurcation

    (37:12) The Age of Austerity

    (41:44) Trump's economic policies and potential impact

    (50:34) Global elections and geopolitical fragmentation

    (58:10) Comparing Trump to global leaders

    (59:55) Identifying the biggest risks amidst inflation

    (01:06:20) Wrap

    5 June 2024, 10:46 am
  • 1 hour 2 minutes
    Elite Overproduction and the Future of the Right

    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 right.


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    Recommended Podcast: The Riff with Byrne Hobart

    Byrne Hobart, the writer of The Diff, is revered in Silicon Valley. You can get an hour with him each week. See for yourself how his thinking can upgrade yours.

    Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt

    Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486

    --

    SPONSORS: BEEHIIV

    Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 https://beehiiv.com and use code "MOZ" for 20% off your first three months

    --

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    --

    LINKS

    https://www.noahpinion.blog/p/the-case-of-the-angry-history-postdoc

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:52) Twitter Blow-Up: David Austin Walsh controversy

    (04:10) Elite Overproduction and academia

    (08:09) Racial Disparities in academia

    (14:12) Sponsor: Beehiiv

    (15:23) Elite overproduction’s implications for politics and academia

    (20:46) Right-Wing muckrakers and progressive institutions

    (30:37) Misconceptions about Barack Obama

    (31:08) The Rise of Mike Solana

    (33:00) Evolution of progressive and conservative labels

    (38:33) Smartest leftist

    (40:48) American Roots of Wokeness

    (54:20) Future of Conservatism

    (59:59) Wrap

    29 May 2024, 4:50 am
  • 59 minutes 12 seconds
    Controlling US Inflation, Global Trade, and the Future of India and Japan

    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 continue to send in their questions!


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    Recommended Podcast: Company Breakdowns

    Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episodes are on Reddit, Twilio, Klaviyo and Rubrik.

    Spotify: https://open.spotify.com/show/0epyYBAxLeF0PsNagdDJAJ

    Apple: https://podcasts.apple.com/us/podcast/company-breakdowns/id1743119197

    --

    SPONSORS: BEEHIIV

    Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 https://beehiiv.com and use code "MOZ" for 20% off your first three months

    _

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

    _

    LINKS:

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (01:45) Exploring Biden's influence on inflation and policy suggestions

    (05:21) Inflation's impact on national debt

    (09:34) Role of industrial policy in inflation dynamics

    (15:47) Is the U.S. Becoming a Petro State?

    (17:28) Sponsor: Beehiiv

    (18:39) Discussing federal reserve's balance sheet and monetary policy

    (23:49) Student loan forgiveness and tariffs

    (25:38) WTO's role in trade disputes

    (28:23) Rethinking global trade rules

    (31:28) Trade agreements and military alliances

    (32:35) China and Russia: Trade relations and aggressiveness

    (33:28) China’s capital inflow tax

    (40:13) India's political landscape and Modi's impact

    (50:10) Reassessing U.S. military interventions: Vietnam, Afghanistan, and Iraq

    (53:44) Role of conventional forces in preventing nuclear war

    (56:46) Japan's currency intervention

    (57:47) Invitation to Lithuania

    (58:10) Wrap

    22 May 2024, 9:58 am
  • 49 minutes 21 seconds
    Case for Biden, Biden vs Trump, China

    In this week’s episode, Noah Smith and Erik Torenberg explore various aspects of Joe Biden’s presidency to evaluate a case for reelecting Biden, focusing on economic policy shifts, spending concerns, inflation, and industrial policy. They also emphasize the historical and current political dynamics between the U.S. and China, exploring tariffs, trade, oil production, and technology, with a nuanced view of protectionism’s role in national security and economic growth.


    🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

    --

    Recommended Podcast: Company Breakdowns

    Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episodes are on Reddit, Klaviyo and Rubrik - which just IPO’d.


    --

    SPONSORS: BEEHIIV

    Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 https://Beehiiv.com and use code "MOZ" for 20% off your first three months

    _

    SEND US YOUR Q’s FOR NOAH TO ANSWER ON AIR: [email protected]

    _

    LINKS:

    Noahpinion: The Positive Case for Joe Biden https://www.noahpinion.blog/p/the-positive-case-for-joe-biden

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

    --

    TIMESTAMPS:

    (00:00) Intro

    (00:19) Positive case for Joe Biden

    (05:34) Biden’s economic policies and achievements

    (10:32) Discussing inflation during Biden’s administration

    (15:00) Sponsor: Beehiiv

    (16:10) Analyzing the CHIPS Act and Inflation Reduction Act

    (20:16) Impact of tariffs and permitting challenges

    (26:16) Tariff Debate: Impact on EVs and global manufacturing

    (36:51) Alternatives policies and strategies beyond tariffs

    (39:26) Evolution of America’s approach to China: Obama, Trump, and Biden

    (46:44) Wrap

    15 May 2024, 2:08 pm
  • 57 minutes 44 seconds
    Biden's New Tax Plan, Algorithmic Pricing, and Noah's Media Diet

    This week on Econ 102, Noah Smith and Erik Torenberg discuss the pros and cons of Biden's tax plan based on Noah's recent essay. They also answered listener questions on the German economy's success, Japan's government debt management, and strategies for staying well-informed on economic issues.


    Recommended Podcast: Company Breakdowns

    Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episodes are on Reddit, Klaviyo and Rubrik - which just IPO'd.

    Spotify: https://open.spotify.com/show/0epyYBAxLeF0PsNagdDJAJ

    Apple: https://podcasts.apple.com/us/podcast/company-breakdowns/id1743119197

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    SPONSORS: BEEHIIV | HARMONIC


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    _

    SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

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    LINKS:

    Noahpinion: Biden is Right https://www.noahpinion.blog/p/biden-is-right-that-we-need-to-raise

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

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    TIMESTAMPS:

    (00:00) Intro

    (00:51) Biden's Tax Plan: A Critical Analysis

    (10:45) Argument for and Against Tax Increases

    (15:41) Sponsor: Beehiiv

    (16:57) Exploring Capital Gains and Inheritance Taxes

    (23:07) Impact of Inherited Wealth and Productivity

    (28:17) Potential Impact of Taxing Unrealized Gains

    (30:02) Sponsor: Harmonic

    (31:08) Progressive Wage Subsidies vs. UBI

    (33:12) Political Activism: Then and Now

    (43:21) Germany's Success in Manufacturing

    (45:35) Japan's Government Debt and Deflation

    (47:45) Discrepancy between S&P 500 Growth Rate and GDP Growth Rate

    (50:42) Effects of Algorithmic Pricing on Competition

    (53:45) Noah's News Consumption

    (56:36) Wrap

    10 May 2024, 7:00 am
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