4min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

The Importance of Polarization in Public Choice Theory

I think public choice theory is deleting kind of explanation here. Even going back to like the Lyndon Johnson thing a lot of it was just like pretty much bribing people. So my general annoyance with a lot of, a lot of bills where there's one goal and then we realized, hey, this is good for some people. It's either irrelevant for other people are bad for them. I don't think anyone tried to modify the bill specifically to make sure that Taiwan and South Korea were safe from American chip production.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode