This podcast episode delves into the often-overlooked significance of development economics, arguing that countries with burgeoning populations, such as India and Vietnam, present remarkable opportunities for economic advancement. It explores the limitations of foreign aid and discusses the importance of remittances and industrialization. The episode further tackles contemporary topics like the child tax credit, the implications of UBI, and the paradox of software's impact on inequality and employment. Additionally, it addresses AI's evolving role in various industries, particularly in customer service and healthcare, before shifting focus to the complexities of illegal immigration, the need for a reorientation in progressive economics, and the interplay between industrial policy, national security, and economic growth.
