This week Noah Smith and Erik Torenberg sit down to deconstruct several economic theories dealing with developing nations, export oriented manufacturing, the roles of engineers across the world, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.
He rebuttals arguments made by Turkish economist Dani Rodrik relating to on manufacturing, automation, employment, and more.
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📈Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co
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✍️ LINKS:
- Noahpinion "The Developing Country Industrialization series" on Substack: https://www.noahpinion.blog/p/the-developing-country-industrialization
- Thread on the economy: https://twitter.com/RealEJAntoni/status/1753450904840286367?s=20
- EJ Antoni's "Why the Unemployment Rate Is Much Higher Than It Seems" : https://www.heritage.org/jobs-and-labor/commentary/why-the-unemployment-rate-much-higher-it-seems
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X / TWITTER:
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@TurpentineMedia (Turpentine)
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TIMESTAMPS
(00:20) Episode Preview
(02:12) Debunking economic myths
(03:03) Unemployment rates
(04:56) Alternative labor market indicators
(06:40) Misconceptions about inflation
(09:33) Understanding borrowing and debt
(12:10) SPONSOR: NETSUITE
(17:28) The possibility of economic collapse
(21:34) International development strategies
(26:11) Bangladesh’s need for electronics manufacturing
(30:27) Dani Rodrik's views on manufacturing
(36:15) The impact of automation on manufacturing
(39:19) The role of engineers in manufacturing
(43:25) Future of manufacturing in developing countries
This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
"Econ 102" with Noah Smith and Erik Torenberg 