Rob and Jacob are back at it. They discuss the earthquake in Taiwan and why they are skeptical of Taiwan’s economic future. From there they turn to a controversial article about how immigration has been driving US GDP growth and why demographics are not destiny. They close with some thoughts about the straitjacket of specialization and the dangers of too much expertise.

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Timestamps:

(00:00) - Intro

(01:10) - Taiwan

(19:40) - Coronal Mass Ejections and Black Swans

(23:07) – Taiwan

(25:10) – Immigration/Demographics

(45:30) – India

(47:30) – Historians rule

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Referenced in the Show:

Angus Deaton – https://www.imf.org/en/Publications/fandd/issues/2024/03/Symposium-Rethinking-Economics-Angus-Deaton
Immigration and the US Economy – https://www.briefingbook.info/p/immigration-and-the-us-economy-since?utm_campaign=email-post&r=bkto&utm_source=substack&utm_medium=email
Assuring Taiwan’s Innovation Future – https://carnegieendowment.org/2020/01/29/assuring-taiwan-s-innovation-future-pub-80920

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CI Site: cognitive.investments

Jacob Site: jacobshapiro.com

Jacob Twitter: x.com/JacobShap

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