22min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

The New Axis, Neoliberalism, and Germany [Mailbag]

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Economic Predictions and Global Alliances

This chapter explores the challenges of accurately predicting economic trends and the role of economists in developing predictive tools despite common misconceptions. It also delves into the complexities of tax policy and its impact on economic behavior, alongside the dynamics of global politics, particularly the relationships between China, Russia, and their allies. The discussion culminates in a contemplation of a potential World War III scenario, highlighting the nuances of modern alliances and the implications of nuclear warfare.

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