Eli Dourado, advocate of abundance, discusses restoring abundance in technology and economy. They delve into the great stagnation, productivity growth, and the vulnerability of our modern civilization to decline. The conversation explores removing constraints on supply, the quality of government, and the importance of shared prosperity.
The movement for restoring abundance involves thinkers from various political angles and aims to boost progress by removing supply constraints.
Productivity growth relies on institutional and cultural factors, not just R&D, impacting an economy's overall vitality.
An abundance agenda can help reduce modern civilization's vulnerability to decline and cataclysm, as discussed by Eli Dourado and Brink Lindsey.
Deep dives
Transition from Mass Affluence to Mass Flourishing
Exploring the transition from mass affluence to mass flourishing and capitalism's triple crisis. Highlighting the importance of rising above this crisis.
Biographical Background and Growing Up Abroad
Discussion about Eli Dorado's biographical background, including being born in Brazil, growing up bilingual, and the impact of living in different countries.
Interest in Technology and Economics
Exploration of Eli Dorado's interest in technology and economics, including experiences with programming and being introduced to libertarianism.
Career Path and Transition to Mercatus
Description of Eli Dorado's career journey, including working on the Hill, joining the Bureau of Economic Analysis, and transitioning to the Mercatus Center.
Focus on Emerging Technologies and Societal Collapse
Focus on the Abundance Institute's mission to win with emerging technologies and concerns about societal collapse due to declining marginal returns to complexity. Emphasizing the importance of productivity growth and shared prosperity.
A new movement is taking shape around the idea of restoring "abundance." Uniting thinkers from across the political spectrum -- including "supply-side progressives," "conservative futurists," and "state capacity libertarians" -- the movement aims to jump-start technological and economic progress by removing artificial constraints on supply and improving the quality of government. On this episode of The Permanent Problem podcast, Brink Lindsey interviews a leading analyst and advocate of abundance: Eli Dourado, chief economist at the new Abundance Institute and an expert on policy barriers to the emergence of new technologies. Discussing the "great stagnation" in productivity growth, Lindsey and Dourado focus on how most of productivity growth occurs outside the R&D lab, and how therefore broad institutional and cultural factors weigh heavily in determining an economy's overall vitality. Sharing an interest in the work of anthropologist Joseph Tainter, a leading theorist of civilizational collapse, the two also discuss our modern technological civilization's vulnerability to decline and cataclysm -- and how an abundance agenda can reduce that vulnerability.
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