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Keeping it Simple with Simplify Asset Management

Keeping it Simple | Ep. 28: A Bitter Harvest? William White Makes the Case for Scarcity.

Sep 19, 2023
Famed economist William White discusses the political environment and tribalism of climate change, the transition to an era of scarcity caused by negative supply side factors, the impact of changing demographics and population growth on inflationary pressures, implications of government deficit and Fed's balance sheet increase, the complexities of scarcity and abundance, and different views on the emphasis of demand side vs supply side.
01:03:26

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast discusses the transition from an era of plenty to an era of scarcity, highlighting the impact of global warming on supply chains and the need to rethink traditional approaches to supply and demand.
  • The interconnectedness of various systems, including the economic, political, public health, and environmental/climate system, is emphasized, stressing the importance of these systems working together for sustainable progress.

Deep dives

Transition from Era of Plenty to Era of Shortages

The podcast episode discusses the transition from an era of plenty to an era of shortages or scarcity. Factors such as changing supply side dynamics, including the impact of global warming on supply chains, are highlighted. The speaker emphasizes the need to rethink traditional approaches to supply and demand in light of these changes, as well as the potential implications on global relations. The episode also touches upon the challenges of addressing climate change, including the uncertainties surrounding analytics, power distribution, and the will to take action.

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