
Geek's Guide to the Galaxy - A Science Fiction Podcast 61. Economist Paul Krugman / Economics in Science Fiction (with Sarah Brand)
Paul Krugman, Nobel-winning economist and sci-fi fan who wrote an intro to Foundation, and Sarah Brand, writer-economist exploring corporations in speculative fiction. They chat about psychohistory and forecasting, sci-fi metaphors in political commentary, interstellar trade and Star Trek money, post-scarcity and The Culture, corporate power in cyberpunk, and stories about suppressed world-changing tech.
01:01:59
Teenage Aspiration To Be A Psychohistorian
- Paul Krugman read Foundation as a teenager and wanted to be like Asimov's psychohistorians who save civilizations through social science.
- He later felt more like Cassandra: predicting bad things that often went unheeded until they happened, illustrating the gap between insight and influence.
Serious Economics For A Ridiculous Subject
- In 1978 Krugman wrote a playful academic paper The Theory of Interstellar Trade to blow off steam as a junior professor.
- He treated relativity and investment seriously, concluding investor-frame time (not ship time) matters for interstellar returns.
Markets Are Hard To Replace Even In Utopias
- Krugman argues economic fundamentals change slowly so futuristic claims like 'no money in Star Trek' are overstated.
- He explains markets act like optimization Lagrangians: prices compress complex trade-offs into single signals that are hard to replace even in advanced societies.
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Intro
00:00 • 52sec
Krugman on Writing an Asimov Introduction
00:52 • 46sec
Predicting and Psychohistory Limits
01:38 • 50sec
Economists and Science Fiction
02:28 • 35sec
Rereading Dune and Foundation
03:03 • 1min
Krugman at Worldcon and Sci-Fi Community
04:28 • 59sec
Discovering Charles Stross and Economic Fiction
05:26 • 1min
Fantasy of Prophecy vs. Psychohistory
06:29 • 3min
SF Metaphors in Political Commentary
09:03 • 1min
The Theory of Interstellar Trade
10:24 • 2min
Money, Star Trek, and Market Functions
12:23 • 3min
Post-Scarcity and The Culture
15:15 • 2min
Planetary Resources and Asteroid Risks
17:06 • 33sec
Dystopian Paths and Environmental Threats
17:39 • 56sec
Origins of the Mid-20th Century Middle Class
18:35 • 2min
Death Star Economics and Future Warfare
20:55 • 52sec
From Shy Kid to Public Commentator
21:47 • 38sec
Blogs, Social Media, and Independence
22:25 • 3min
End This Depression Now Overview
25:31 • 2min
Economics Reading List and Blogs
27:36 • 2min
Transition to Economics in Fiction Segment
30:02 • 10sec
Guest Geek Sarah Brand Introduction
30:13 • 32sec
Malthus, Population, and SF Classroom Memory
30:44 • 2min
Cold Cash War and Corporations as Warlords
32:43 • 1min
Market Forces and Conflict Investment
34:09 • 57sec
Why Corporations Often Play Villains
35:06 • 4min
Corporations Compared to Psychopaths
39:19 • 23sec
The Good Work: Work's Meaning in Post-Work Worlds
39:42 • 2min
The Canvas and Lord Iron's Economic Puzzles
41:13 • 2min
Dead Space and Micromanaged Workplaces
42:59 • 52sec
Just Do It and Advertising Satire
43:51 • 43sec
SF Writers' Strong Economic Views
44:34 • 1min
Space Merchants and Advertising Power
45:48 • 48sec
Snow Crash and Corporate Fragmentation
46:36 • 7min
Stories of Suppressed World-Changing Tech
53:32 • 4min
Ursula K. Le Guin's 99 Weeks and Unemployment
57:22 • 2min
Sarah Brand's Novel and Submission Status
59:21 • 44sec
Reading List and How to Support the Show
01:00:05 • 52sec
Outro
01:00:57 • 2min

#14969
• Mentioned in 5 episodes
The Conscience of a Liberal


Paul Krugman
The book studies the past eighty years of American history, focusing on the reduction and subsequent increase in economic and political inequality.
Krugman argues that government policies, particularly the establishment and dismantling of the social safety net, have played a significant role in these changes.
He critiques the conservative movement, especially its use of racial and cultural resentments, and proposes a 'new New Deal' that emphasizes social and medical programs, including universal health care.
The book also discusses the role of institutions and norms in economic inequality and expresses optimism about a potential shift towards a more liberal political environment.

#320
• Mentioned in 112 episodes
Foundation

Isaac Asimov
Foundation is the first book in Isaac Asimov's renowned Foundation series.
It introduces Hari Seldon, a psychohistorian who predicts the imminent collapse of the Galactic Empire and the ensuing dark age.
To mitigate this, Seldon establishes the Foundation, a group of scientists and scholars on the planet Terminus, aimed at preserving human knowledge and laying the groundwork for a new civilization.
The book is a collection of interrelated short stories that follow the early history of the Foundation as it navigates various crises and challenges predicted by Seldon's psychohistory.

#205
• Mentioned in 147 episodes
Snow Crash


Neal Stephenson
Published in 1992, 'Snow Crash' is a science fiction novel by Neal Stephenson that delves into a future where the United States has fragmented into corporate city-states and the internet has evolved into a virtual reality called the Metaverse.
The story follows Hiro Protagonist, a pizza delivery driver and part-time hacker, and Y.T.
, a teenage skateboard courier, as they navigate a complex world threatened by a mysterious computer virus and a powerful drug known as Snow Crash.
The novel explores themes of history, linguistics, anthropology, and computer science, and is noted for its prescient vision of the metaverse and its influence on Silicon Valley innovators.

#7059
• Mentioned in 9 episodes
The Alchemy of Us

Alyssa Ramirez

#48
• Mentioned in 327 episodes
Dune


Frank Herbert
Dune, written by Frank Herbert, is set in a feudal interstellar society where noble houses control planetary fiefs.
The story follows Paul Atreides, whose family is tasked with ruling the inhospitable desert planet Arrakis, the sole source of melange, a substance crucial for extending life and enhancing mental abilities.
The novel delves into the intricate politics, religion, ecology, and technology of this futuristic world, as various factions vie for control of Arrakis and its valuable spice.
Paul, with his unique abilities and training by the Bene Gesserit, becomes a key figure in this struggle and eventually assumes the role of a messianic leader among the native Fremen people.

#2700
• Mentioned in 22 episodes
The Wheel of Time Series

Robert Jordan


Brandon Sanderson
The Wheel of Time series is a sprawling epic fantasy that spans 14 main books, plus a prequel.
It follows a diverse cast of characters as they navigate a world where magic is real and an ancient evil threatens to destroy everything.
The series was begun by Robert Jordan and completed by Brandon Sanderson after Jordan's passing.

#35423
• Mentioned in 2 episodes
Just Do It
The Nike Spirit in the Corporate World


Donald R. Katz
In 'Just Do It: The Nike Spirit in the Corporate World', Donald R. Katz provides a comprehensive and engaging account of Nike's transformation from a small startup to a global sports powerhouse.
The book starts with the origins of Nike, tracing back to the handshake deal between Bill Bowerman and Phil Knight, two track and field coaches at the University of Oregon.
Katz explores Nike's innovative design, marketing campaigns, and endorsement deals that helped the company stand out against competitors like Reebok and Adidas.
He also delves into the controversies Nike faced, such as sweatshop allegations and athlete doping scandals.
The book highlights Nike's unique approach to business, focusing on creating a brand with a distinct identity and emotional appeal, and how this approach has contributed to its success and cult-like following among consumers.

#1538
• Mentioned in 35 episodes
Good Work
Reclaiming Your Inner Ambition


Paul Millerd
In 'Good Work,' Paul Millerd shares his personal journey through candid storytelling, exploring what constitutes 'good work' beyond traditional job definitions.
The book delves into questions about embracing uncertainty, finding motivation beyond 'losing your edge,' prioritizing family without sacrificing opportunity, and defining the most ambitious life path.
It challenges readers to rethink their relationship with work and seek a life where work is a portal to feeling fully alive, rather than just a necessity.
#94365
The Green Leopard Plague


Walter Jon Williams
Walter Jon Williams' 'The Green Leopard Plague' is a novella that imagines a biotech breakthrough enabling humans to derive significant nutrition from photosynthesis, potentially ending hunger and reshaping society.
The story examines how existing power structures, particularly corporations, might resist or suppress such disruptive change to preserve economic interests.
Williams blends social speculation with character-driven drama to explore ethical questions about access, control, and the uses of transformative technology.
The narrative contemplates unintended consequences and differing human responses to sudden shifts in scarcity and labor dynamics.
Its exploration of technology, power, and human adaptation has made it notable in contemporary speculative fiction.
#120274
99 Weeks

Ursula K. Le Guin
Ursula K. Le Guin's '99 Weeks' is a contemporary fairy tale that uses allegory to examine unemployment, social safety nets, and the unintended consequences of well-meaning policies.
The story follows an unemployed woodcutter who becomes dependent on a weekly magical stipend that ultimately constrains his ability to accept lower-paying work, illustrating perverse incentives.
Le Guin employs mythic storytelling to critique economic structures and sympathetic bureaucratic designs that can entrap individuals.
The tale resonates with modern political movements and debates about labor, dignity, and economic justice.
Its concise, poignant narrative reframes policy issues through human-scale storytelling.
#96562
The Canvas and Lord Iron


Daniel Abraham
Daniel Abraham's 'The Canvas and Lord Iron' is a short story that centers on a money changer facing a series of complex economic and logical problems presented by a decadent noble.
The tale uses economic reasoning as the engine of plot, showcasing how practical arithmetic and market logic become dramatic tools.
Abraham blends courtroom-like puzzle-solving with moral and social implications, highlighting the role of finance and incentives in a fantasy setting.
The story demonstrates how economic thought can structure narrative tension and character development.
Its inventive premise has been appreciated for integrating economics directly into storytelling.

#132716
Market Forces


Richard K. Morgan
Richard K. Morgan's Market Forces portrays a near-future world in which corporations treat geopolitical conflict as investment opportunities and internal advancement involves lethal competitive rituals.
The novel follows corporate soldiers and executives navigating a ruthless system where personal survival and career progression depend on violence and ruthless calculation.
Morgan uses visceral action and bleak satire to critique late-stage capitalism, corporate power, and the commodification of warfare.
The book blends cyberpunk sensibilities with a sharp examination of market logic applied to human life and conflict.
Its uncompromising tone offers a cautionary vision of commodified violence and corporate immorality.
#89764
Dead Space for the Unexpected

Jeff Ryman
Jeff Ryman's 'Dead Space for the Unexpected' is a short story that explores a bleak corporate future where employee time is tracked to an extreme degree and personal autonomy is eroded by managerial micromanagement.
The narrative critiques surveillance capitalism and the commodification of labor, showing how work becomes totalizing and dehumanizing.
The story uses close-up scenes of daily life under corporate control to illuminate broader social and ethical consequences.
Its inclusion in anthologies highlights contemporary anxieties about workplace surveillance and the erosion of boundaries between work and life.
The piece functions as both cautionary tale and sharp social commentary.

#125171
The family trade


Charles Stross
The Family Trade, by Charles Stross, launches the Merchant Princes series about a family possessing the genetic ability to travel between parallel alternate histories.
The crossover enables trade and influence between technologically divergent worlds, producing intriguing economic and political dynamics as elites exploit access to advanced goods while broader society remains underdeveloped.
Stross explores themes of modernization, resource transfer, and the difficulty of societal change despite technological influx.
The series blends espionage, family drama, and economic speculation to examine how trade and power interact across worlds.
The books are notable for combining speculative premises with attention to economic and institutional consequences.

#121623
The Cold Cash War

Robert Asprin
Robert Asprin's The Cold Cash War imagines a future where corporations supplant traditional nation-states and resolve their conflicts through simulated engagements to avoid damaging profitable infrastructure.
The novel examines how corporate incentives shape warfare, ethics, and human cost when profit logic governs violence.
It contrasts the elite's comforts with the broader social degradation that persists despite access to advanced resources.
Asprin later shifted to lighter, comedic fantasy, but this earlier work remains noted for its hard-edged critique of corporate power and militarized capitalism.
The story explores how economic imperatives can hollow political institutions and warp human relations.

#66295
End This Depression Now!
A Call-to-Arms


Paul Krugman
In this authoritative call-to-action, Nobel laureate Paul Krugman contends that the ongoing economic crisis, which began in 2007, qualifies as a depression that is essentially gratuitous and unnecessary.
He argues that recovery is surprisingly easy to achieve if leaders reverse austerity policies and temporarily boost government spending, particularly through aid to states and local governments, aggressive quantitative easing by the Federal Reserve, and homeowner debt relief.
Krugman asserts that by applying time-honored New Keynesian economic principles, the U.S.
could return to near-full employment in less than two years, provided leaders demonstrate the 'intellectual clarity and political will' to end the depression now.

#23923
• Mentioned in 3 episodes
The Space Merchants


Frederick Pohl


C.M. Kornbluth
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