In this episode, Noah Smith and Erik Torenberg are joined by Kyla Scanlon, creator, writer, analyst, and author of new book “In this Economy?" They discuss the vibecession, the housing crisis, leader fatigue, and the impact of the economy on political polarization and the age of austerity. The conversation also covers the impact of Trump's economic policies, the risk of hyperinflation, and the potential for war with China. Crush your 2024 goals and learn a new language with Babbel - get 60% off at Babbel.com/econ102

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Recommended Podcast: The Riff with Byrne Hobart

Byrne Hobart, the writer of The Diff, is revered in Silicon Valley. You can get an hour with him each week. See for yourself how his thinking can upgrade yours.

Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt

Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486

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🎙️ History 102 with WhatifAltHist

Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.

Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm

Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913

YouTube: https://www.youtube.com/@History102-qg5oj

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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co

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LINKS:

Kyla Scanlon: https://kylascanlon.com/

Noahpinion: https://www.noahpinion.blog/

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TIMESTAMPS:

(00:00) Intro

(00:27) Understanding economic misconceptions

(02:27) Vibecession

(03:36) Interest rates and inflation debate

(08:05) Generational wealth and housing

(15:06) Sponsor: Babbel and Beehiiv

(17:41) Monopolization of land and housing

(22:55) Speculation and financial nihilism

(28:40) Political influence on economic perception

(36:44) Economic polarization and bifurcation

(37:12) The Age of Austerity

(41:44) Trump's economic policies and potential impact

(50:34) Global elections and geopolitical fragmentation

(58:10) Comparing Trump to global leaders

(59:55) Identifying the biggest risks amidst inflation

(01:06:20) Wrap