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
In this episode, Noah Smith and Erik Torenberg are joined by Scott Sumner, an American economist and previously the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, examine the impact of U.S.-China relations on economic and industrial policies, discussing topics such as tariffs, manufacturing capabilities, technologies like drones and batteries, climate change, defense strategies, and the evolving role of neoliberalism.
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RECOMMENDED PODCAST: Modern Relationships
Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. This season's guests include: Delian Asparouhov & Nadia Asparouhova, Kristen Berman & Phil Levin, Rob Henderson, and Liv Boeree & Igor Kurganov.
Apple: https://podcasts.apple.com/us/podcast/id1786227593
Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg
YouTube: https://www.youtube.com/@ModernRelationshipsPod
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Highlights from the Episode:
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SPONSORS:
Notion
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod
NetSuite
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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LINKS:
Noahpinion: https://www.noahpinion.blog/
The Pursuit of Happiness: https://scottsumner.substack.com/
This week, Noah Smith and Erik Torenberg explore the possibility of a Chinese invasion of Taiwan, Xi Jinping's political future, U.S.-China tensions, Trump's and Biden's policies, the 2019 global protests, China's economic troubles, and the challenges facing Western nations, while also emphasizing the need for bipartisan cooperation on U.S. industrial policy.
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🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
--
RECOMMENDED PODCAST: Modern Relationships
Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. This season's guests include: Delian Asparouhov & Nadia Asparouhova, Kristen Berman & Phil Levin, Rob Henderson, and Liv Boeree & Igor Kurganov.
Apple: https://podcasts.apple.com/us/podcast/id1786227593
Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg
YouTube: https://www.youtube.com/@ModernRelationshipsPod
--
Highlights from the Episode:
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SPONSORS:
Notion
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod
NetSuite
More than 41,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
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@eriktorenberg
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LINKS:
Noahpinion: https://www.noahpinion.blog/
The Players on the Eve of Destruction: https://www.noahpinion.blog/p/the-players-on-the-eve-of-destruction
How do we measure whether China's economy is "ahead" of America's?: https://www.noahpinion.blog/p/how-do-we-measure-whether-chinas
Biden's tarnished industrial legacy: https://www.noahpinion.blog/p/bidens-tarnished-industrial-legacy
Trudeau was a poor steward of Canada's economy: https://www.noahpinion.blog/p/trudeau-was-a-poor-steward-of-canadas
This week, Noah Smith and Erik Torenberg discuss Silicon Valley's cultural influence, Marc Andreessen's predictions, what comes after wokeness, tariffs on China, Reaganomics, the 'polycrisis,' the future of industrial policy, and political dynamics involving Donald Trump, Elon Musk, and Paul Krugman.
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🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
--
RECOMMENDED PODCAST: Modern Relationships
Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.
Apple: https://podcasts.apple.com/us/podcast/id1786227593
Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg
YouTube: https://www.youtube.com/@ModernRelationshipsPod
--
Highlights from the Episode:
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SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
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LINKS:
Noahpinion: https://www.noahpinion.blog/
Marc Andreessen on Trump, the vibe shift, and what’s after wokeness: https://youtu.be/l8X8jecivWw?si=ZKfdrvEetz8sZ6Hi
The Wokeness series: https://www.noahpinion.blog/p/the-wokeness-series
Ready Player One: https://www.goodreads.com/book/show/9969571-ready-player-one
We Have Never Been Woke: https://www.amazon.com/Have-Never-Been-Woke-Contradictions/dp/0691232601
Musa al-Garbhi Substack: https://musaalgharbi.substack.com/
Akira: https://www.imdb.com/title/tt0094625/
The Big Chill: https://www.imdb.com/title/tt0085244/
In today's episode, Noah Smith and Erik Torenberg answer listeners' questions and discuss global economic issues such as China's demographic challenges, currency crises, GDP vs. GDP per capita, the efficacy of long prison sentences, and the risks and benefits of economic stimulus, currency depreciation, and trade imbalances.
--
🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
--
RECOMMENDED PODCAST: Modern Relationships
Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.
Apple: https://podcasts.apple.com/us/podcast/id1786227593
Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg
YouTube: https://www.youtube.com/@ModernRelationshipsPod
--
Highlights from the Episode:
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@noahpinion
@eriktorenberg
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LINKS:
Noahpinion: https://www.noahpinion.blog/
https://www.noahpinion.blog/p/good-cities-cant-exist-without-public
https://www.noahpinion.blog/p/macroeconomics-the-predator-of-foolish
This week, Erik Torenberg and Noah Smith discuss modern dating dynamics, cultural shifts, and the impact of technology and social media on relationships with author and former dating advice columnist Katherine Dee, exploring generational differences contributing to the gender war and the broader societal implications.
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🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
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RECOMMENDED PODCAST:
Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.
Apple: https://podcasts.apple.com/us/podcast/id1786227593
Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg
YouTube: https://www.youtube.com/@ModernRelationshipsPod
--
Highlights from the Episode:
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@default_friend
@noahpinion
@eriktorenberg
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LINKS:
Default Friend: https://default.blog/
Noahpinion: https://www.noahpinion.blog/
Noah Smith and Erik Torenberg discuss the high costs of healthcare, the challenges facing the center-left, the possibility of infinite economic growth, solutions to declining fertility rates, and the role of technology in addressing demographic challenges.
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🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
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RECOMMENDED PODCAST: Unpack Pricing
Dive into the dark arts of SaaS pricing with Metronome CEO Scott Woody and tech leaders. Learn how strategic pricing drives explosive revenue growth in today's biggest companies like Snowflake, Cockroach Labs, Dropbox and more.
Apple: https://podcasts.apple.com/us/podcast/id1765716600
Spotify: https://open.spotify.com/show/38DK3W1Fq1xxQalhDSueFg
--
Highlights from the Episode:
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
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LINKS:
Noahpinion: https://www.noahpinion.blog/
This week, Noah Smith talks to Erik Torenberg about his viral post on land acknowledgements, exploring how nations should be defined by institutions rather than ethnic identity. The conversation expands into a discussion of immigration, cultural assimilation, and sovereignty across countries like Israel, Japan, South Korea, and Botswana, examining how different nations navigate the balance between cultural preservation and integration. For full show notes, visit: https://highlightai.com/share/b7f9f1c6-5c17-4877-9be7-c0b3d56c7e78
--
🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
--
RECOMMENDED PODCAST: Unpack Pricing
Dive into the dark arts of SaaS pricing with Metronome CEO Scott Woody and tech leaders. Learn how strategic pricing drives explosive revenue growth in today's biggest companies like Snowflake, Cockroach Labs, Dropbox and more.
Apple: https://podcasts.apple.com/us/podcast/id1765716600
Spotify: https://open.spotify.com/show/38DK3W1Fq1xxQalhDSueFg
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
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LINKS:
Noahpinion: https://www.noahpinion.blog/
No, you are not on Indigenous land: https://www.noahpinion.blog/p/no-you-are-not-on-indigenous-land
In today's special episode, we're sharing a conversation between Noah Smith and Ethereum co-founder Vitalik Buterin recorded back in June for the Bankless podcast. They discuss whether authoritarian regimes could outcompete liberal democracies in the 21st century, exploring the impact of technological advancements, the internet, and decentralized technologies like crypto on information dynamics and the preservation of liberal values. For full show notes, visit: https://highlightai.com/share/e7dc596f-bc8e-4574-aebd-c6f579a76175
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🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
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RECOMMENDED PODCAST:
Bankless
The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.
Youtube: https://www.youtube.com/@Bankless
Apple: https://podcasts.apple.com/us/podcast/bankless/id1499409058
Spotify: https://open.spotify.com/show/5ll0fkqIGyUfSOn9CTfHjC
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SPONSORS:
GiveWell
GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. 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://www.givewell.org and select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
Incogni
Take your personal data back with Incogni! Use code ECON102 at the link below and get 60% off an annual plan: http://incogni.com/econ102
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@BanklessHQ
@noahpinion
@eriktorenberg
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LINKS:
Bankless: https://www.bankless.com/
Noahpinion: https://www.noahpinion.blog/
How liberal democracy might lose the 21st century: https://www.noahpinion.blog/p/how-liberal-democracy-might-lose
This week, Erik Torenberg and Noah Smith explore economic policies, political dynamics, societal issues, including the abolition of income tax, government agency efficiency, the evolving political landscape, technology's impact on freedom and dignity, and the challenges of maintaining a competent civil service. For full show notes, visit: https://highlightai.com/share/ab409e21-1697-4621-a9b8-cfd3149e4e35
--
🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.
--
RECOMMENDED PODCAST: Unpack Pricing
Dive into the dark arts of SaaS pricing with Metronome CEO Scott Woody and tech leaders. Learn how strategic pricing drives explosive revenue growth in today's biggest companies like Snowflake, Cockroach Labs, Dropbox and more.
Apple: https://podcasts.apple.com/us/podcast/id1765716600
Spotify: https://open.spotify.com/show/38DK3W1Fq1xxQalhDSueFg
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
Incogni
Take your personal data back with Incogni! Use code ECON102 at the link below and get 60% off an annual plan: http://incogni.com/econ102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://www.notion.com/product/ai?utm_source=podcasts&utm_medium=upstreampod
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
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LINKS:
Noahpinion: https://www.noahpinion.blog/
Noah Smith and Erik Torenberg discuss the evolution and challenges of urban development in American cities, particularly the rise and fall of blue cities like San Francisco and New York, while exploring historical trends, fiscal policies, and socio-political dynamics. For full show notes, visit: https://highlightai.com/share/69fa9439-ace9-43c3-9a96-9876a7e440bc
—
RECOMMENDED PODCAST: Unpack Pricing
Dive into the dark arts of SaaS pricing with Metronome CEO Scott Woody and tech leaders. Learn how strategic pricing drives explosive revenue growth in today's biggest companies like Snowflake, Cockroach Labs, Dropbox and more.
Apple: https://podcasts.apple.com/us/podcast/id1765716600
Spotify: https://open.spotify.com/show/38DK3W1Fq1xxQalhDSueFg
—
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://www.notion.com/product/ai?utm_source=podcasts&utm_medium=upstreampod
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
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FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
--
LINKS:
Noahpinion: https://www.noahpinion.blog/
Noah Smith and Erik Torenberg analyze the aftermath of the Trump 2024 election, debating what to expect on political strategies, economic policies, and the power of figures like Elon Musk, while discussing potential shifts needed within the Democratic Party to address changing voter demographics. For full show notes, visit: https://highlightai.com/share/7411dfd6-68b4-4590-b8c5-64aac8ba953f
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📰 Be notified early when Turpentine drops new publication: https://www.turpentine.co/exclusiveaccess
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SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://www.notion.com/product/ai?utm_source=podcasts&utm_medium=upstreampod
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]
--
FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
--
LINKS:
Noahpinion: https://www.noahpinion.blog/
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