This week, Noah Smith and Erik Torenberg discuss Silicon Valley's cultural influence, Marc Andreessen's predictions, what comes after wokeness, tariffs on China, Reaganomics, the 'polycrisis,' the future of industrial policy, and political dynamics involving Donald Trump, Elon Musk, and Paul Krugman.

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RECOMMENDED PODCAST: Modern Relationships

Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.

Apple: https://podcasts.apple.com/us/podcast/id1786227593

Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg

YouTube: https://www.youtube.com/@ModernRelationshipsPod

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Highlights from the Episode:

The decline of "wokeness" follows historical patterns of social movements, with San Francisco leading both adoption and abandonment of cultural trends.
Industrial policy and targeted tariffs are crucial for American manufacturing competitiveness, particularly in relation to China.
The challenges of implementing meaningful austerity measures in the US government and the necessity of making difficult policy choices.
The complex relationship between Trump and Elon Musk's competing visions for America's economic and foreign policy future.
Paul Krugman's legacy: Reviving Keynesian economics during Great Recession.

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