"Econ 102" with Noah Smith and Erik Torenberg Paul Krugman on Leaving NYT, America's Economy, and Trump
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Jan 31, 2025 The conversation dives into Paul Krugman's shift from traditional journalism to independent writing, highlighting the freedom it offers. They explore how public perception of the economy is often skewed by political affiliations. The podcast also delves into the strategic importance of U.S. manufacturing for national security, especially in light of geopolitical tensions. Additionally, they reflect on America's political climate today versus past eras, emphasizing a growing sense of risk and the evolving dynamics of trade policy.
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Evolving Editorial Experience
- Paul Krugman enjoyed the craftsmanship of writing under light edits at the NYT.
- However, editing became more intrusive, changing the nature of his role over time.
Leaving Bloomberg
- Noah Smith left Bloomberg due to increased editing and delayed publishing.
- The new leadership added another layer of editing, which reduced the relevance of his work.
The Purpose of Commentary
- Commentary shouldn't be uncontroversial; it should provoke reactions.
- A successful column makes some readers love it, some hate it, and some confused.