"World of DaaS" cover image

"World of DaaS"

Oren Cass, Director of American Compass: The New Right

Jan 16, 2024
57:49
Snipd AI
Oren Cass, founder of American Compass, challenges economic statistics and explores the cost of thriving in the middle class. He discusses changing dynamics within conservative ideologies, the role of unions in the new right, and the future of GOP/labor relationships. Cass delves into automation, globalization, and apprenticeships. He critiques industrial policy and offers unconventional advice on success.
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Podcast summary created with Snipd AI

Quick takeaways

  • Economic statistics like GDP do not provide a comprehensive picture of the economy - factors like productivity should be considered.
  • The cost of living cannot be solely measured by inflation - it should incorporate aspects of well-being and quality adjustments.

Deep dives

Reevaluating Economic Statistics

The podcast episode discusses the limitations of economic statistics, particularly GDP, in providing a comprehensive picture of how the economy is performing. The guest emphasizes the need to go beyond these narrow data points and focus on factors like productivity as a more meaningful measure. The conversation highlights the importance of understanding the variation in types of work and the variation in economic conditions in different parts of the country. Overall, the episode challenges the conventional economic wisdom and calls for a more nuanced and holistic approach to assessing economic performance.

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