The Deindustrialization Paradox

This week, Noah Smith and Erik Torenberg explore topics ranging from the futuristic themes of Black Mirror and the societal impact of technology to a critical analysis of Trump’s de-industrializing tariff policies versus Biden’s growth-focused subsidies, while also examining libertarianism’s influence on American politics and the cultural shifts it may entail.

RECOMMENDED PODCAST:  Tools and Weapons with Brad Smith

Join Microsoft Vice Chair Brad Smith as he explores tech's impact on society with Bill Gates and Satya Nadella sharing untold stories and insights on Microsoft's AI-fueled future.

Spotify: https://open.spotify.com/show/4bYASdhkHwovdSmU4YAjYg

Apple: https://podcasts.apple.com/us/podcast/tools-and-weapons-with-brad-smith/id1632459165

–

SPONSORS:

Carta

Carta is offering up to 40% off a new Carta plan, including cap table management, QSBS Attestation, and Carta Total Compensation. This limited-time offer runs through the end of July at ⁠z.carta.com/econ102⁠.

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

AdQuick

The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world.

–

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

–

FOLLOW ON X:

@noahpinion

@eriktorenberg

@turpentinemedia

–

RECOMMENDED IN THIS EPISODE:

Worst-case scenarios and endgames for the Trump economy: https://www.noahpinion.blog/p/worst-case-scenarios-and-endgames

In which I review almost every episode of Black Mirror: https://www.noahpinion.blog/p/in-which-i-review-almost-every-episode

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

–

TAKEAWAYS:

• Trump Administration Policies Discussion: Noah contrasts Trump's first term (pre-2019) with his expectations for the current term.
• Biden Administration's Industrial Policy Approach: Noah highlights the different approach under Biden: adding support rather than disrupting existing systems.
• Political and Economic Commentary: There's a discussion about Oren Cass (identified as a "conservative econ blogger" with a law degree) and his positions on industrial policy and tariffs.
• Social Media's Impact on American Society: Noah presents a theory that America was "uniquely vulnerable" to social media's effects due to its geographical and ideological diversity.
• Personal and Cultural Notes: The beginning features a discussion about the TV show "Black Mirror" and its exploration of technology implications.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.