Paul Krugman is a Nobel Prize winner in economics, professor at CUNY, and columnist at the New York Times. His academic work centers around international economics, economic geography, liquidity traps, and currency crises.

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Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time.

00:00 – Introduction
03:44 – Utopia from an economics perspective
04:51 – Competition
06:33 – Well-informed citizen
07:52 – Disagreements in economics
09:57 – Metrics of outcomes
13:00 – Safety nets
15:54 – Invisible hand of the market
21:43 – Regulation of tech sector
22:48 – Automation
25:51 – Metric of productivity
30:35 – Interaction of the economy and politics
33:48 – Universal basic income
36:40 – Divisiveness of political discourse
42:53 – Economic theories
52:25 – Starting a system on Mars from scratch
55:11 – International trade
59:08 – Writing in a time of radicalization and Twitter mobs

Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income

Lex Fridman Podcast

Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income