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Turpentine · Business

"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.

Episodes

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The Bond Market Rules Everything

18 Apr 2025
57m
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This episode explores the detrimental effects of the Trump administration's trade policies on the US economy, particularly focusing on the negative impact on investment and economic growth. Against the backdrop of a belated birthday celebration, the conversation quickly shifts to a critical analysis of the trade polic...

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Tariff Mayhem and Capital Flight

14 Apr 2025
59m
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This episode explores the economic ramifications of President Trump's tariffs, particularly focusing on the misconceptions surrounding trade deficits and their impact on American manufacturing. Against the backdrop of widespread economic uncertainty, the discussion delves into the arguments supporting the tariffs, rev...

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The New Left vs The New Right

01 Apr 2025
1h 11m
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This episode explores the unexpected popularity of the "abundance" concept among left-leaning individuals, despite the prevailing political climate of pessimism and division. Against the backdrop of Ezra Klein and Derek Thompson's book promoting this idea, the interview delves into the reasons behind its resonance. M...

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Abundance Debate, Sex Politics, and Left vs Right Economic Populism

25 Mar 2025
58m
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This episode explores the concept of "abundance" in the context of American society and contrasts it with the Japanese model of urban development. The interview begins with a discussion of the author's new book and its unexpected reception, focusing on the unique design of "Zaku buildings" in Japan as a case study of ...

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How Europe, America and China are Repositioning

18 Mar 2025
52m
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This Econ 102 podcast episode features an interview with Erik Torenberg, discussing his new book, "Weeb Economy," and broader geopolitical and economic issues. The conversation covers the evolving US-Europe relationship, arguing that the US is disengaging from Europe to focus on China, potentially hurting US economic...

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Making Sense of America's Tariff Chaos

12 Mar 2025
1h 3m
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This Econ 102 podcast episode interviews economist Noah Smith about the potential economic consequences of President Trump's tariffs. The discussion begins with Erik Torenberg's concern about a possible recession and then delves into Smith's analysis of the tariffs' impact on US trade with Canada and Mexico, contrasti...

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AI, Stargate, & Surveillance with Auron McIntyre and Lev Polyakov

06 Mar 2025
37m
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This podcast episode features a discussion between Noah Smith, Auron MacIntyre, and Lev Polyakov about the implications of AI development, particularly focusing on potential job displacement and the role of government regulation. The conversation begins with Lev's concerns about a potential technocratic future and the...

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Richard Hanania & Noah Smith: Making Sense of Trump, Elon, and Global Politics

28 Feb 2025
1h 15m
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This podcast features an interview between Noah Smith and Richard Hanania, primarily focusing on geopolitical analysis of the current situations involving Russia, Ukraine, and the Middle East, particularly Gaza. The conversation begins with a discussion of Trump's potential motivations regarding Gaza, followed by an a...

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Elon calls Noah a Liar, Inflation, and Changes Democrats Need to Make

26 Feb 2025
58m
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This Econ 102 episode analyzes potential strategies for the Democratic Party's future, focusing on economic and political approaches. The hosts discuss three key recommendations: addressing inflation by emphasizing fiscal responsibility (like Clinton-era policies), effectively countering threats to democracy by focusi...

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Europe's Fate, Ukraine & Russia, and the Post-American Era

19 Feb 2025
52m
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This Econ 102 podcast episode features an interview with Erik Torenberg, discussing the ongoing Ukraine-Russia conflict and its implications for Europe. The conversation analyzes Ukraine's unexpected resilience, the shifting balance of power in Europe away from US dominance, and the potential roles of various European...

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How the Macro, Tariffs and DOGE will Impact your Bank Account | Noah Smith on How To Money

14 Feb 2025
1h 0m
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This episode of the "How to Money" podcast interviews economist Noah Smith about macroeconomics and its impact on personal finance. The conversation covers Smith's Substack, his views on economic philosophy, key economic indicators to watch (five-year break-even inflation rate and prime-age employment-to-population ra...

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Elon's Real Goal at DOGE & How to Fix the Debt

12 Feb 2025
53m
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This Econ 102 podcast episode features an interview discussing the potential impact of the DOGE (Dogecoin) initiative on the US budget and the broader economy. The discussion analyzes DOGE's purported goals of reducing government waste and bureaucracy, arguing that its primary motivation is ideological rather than pur...

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Patrick Collison & Noah Smith: How Can the US Stay Ahead Technologically?

07 Feb 2025
46m
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This Econ 102 podcast features an interview with Patrick Collison, CEO of Stripe, discussing the US's technological leadership and economic policy. The conversation begins by examining the US's relatively stagnant GDP per capita growth compared to the rest of the world since 1990, then shifts to a discussion of labor ...

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Understanding US-China Relations Right Now with Nathan Labenz

05 Feb 2025
1h 1m
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This podcast features an interview discussing the complex geopolitical relationship between the United States and China, focusing on the implications of economic and technological competition. The discussion begins with a broad overview of the historical relationship, then delves into current tensions, particularly co...

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Paul Krugman on Leaving NYT, America's Economy, and Trump

31 Jan 2025
1h 4m
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This interview podcast features Paul Krugman, a renowned economist, discussing his recent departure from The New York Times and his transition to Substack. The conversation begins with Krugman and the host, Noah Smith, reflecting on their experiences with increased editorial control at larger publications, highlightin...

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Trump's Executive Orders, China's Economy, The Bull Case for the Middle East, and Europe's Decline

29 Jan 2025
1h 2m
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This Econ 102 podcast episode features an interview with economist Noah Smith. The discussion begins with an analysis of recent Trump executive orders, focusing on their potential impact on various sectors and the ongoing power struggle between the executive branch and the civil service. The conversation then shifts ...

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Noah Smith on Taiwan's Future, Nuclear Proliferation, and Trump 2.0 [ChinaTalk]

22 Jan 2025
1h 8m
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This interview podcast features economist Noah Smith discussing geopolitical and economic issues, primarily focusing on the potential impact of a second Trump administration and the implications for East Asia. The conversation begins with an analysis of the constraints on Trump's power within his new coalition, partic...

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A Debate with Scott Sumner: Industrial Policy, China, and National Security

15 Jan 2025
52m
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This Econ 102 episode features a panel discussion on industrial policy, specifically focusing on its application in the context of US-China relations. The discussion begins with introductions and self-descriptions of the panelists, followed by an exploration of arguments for and against industrial policy, particularly ...

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Canada After Trudeau, Immigration Debate, and China's Economy

09 Jan 2025
57m
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In this episode of the Econ 102 podcast, the hosts dive into pressing geopolitical concerns, particularly the risks of conflict surrounding Taiwan, alongside the economic situations in Canada and China. They evaluate the chances of an invasion of Taiwan, considering factors such as Xi Jinping's age and China's current ...

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Trump, Tariffs, and the New 80s: America's Next Cultural Reset

02 Jan 2025
59m
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In this episode of the Econ 102 podcast, hosts Katherine Dee and Noah Smith dive into a range of topics including the fading influence of "wokeness," Trump's tariffs on China, the implications of the CHIPS Act, and the interplay between government and the private sector. Their conversation explores cultural transformat...

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