
"Econ 102" with Noah Smith and Erik Torenberg
Economist and "Noahpinion" writer Noah Smith and investor Erik Torenberg make sense of what’s happening in the news, technology, business, and beyond, through the lens of economics. Econ 102 is a part of the Turpentine podcast network. Learn more: turpentine.co
Latest episodes

124 snips
Nov 27, 2024 • 1h 40min
Vitalik Buterin & Noah Smith | Is Authoritarianism Inevitable?
Vitalik Buterin, co-founder of Ethereum and a pioneer in decentralized technologies, joins Noah Smith to discuss the looming question of whether authoritarianism could outpace liberal democracies. They dive into how the digital age and cheap information production are reshaping governance and the dynamics of power. The conversation touches on information warfare, examining how different nations approach information control. They also explore the transformative potential of technology like blockchain in preserving democratic values.

72 snips
Nov 21, 2024 • 1h 22min
DOGE, Political Realignment, and the End of 'Groups'
Dive into the fascinating interplay between economic policies and political dynamics, from abolishing income tax to enhancing government efficiency. Explore the intriguing effects of technology on freedom and dignity, as well as the complexities of modern political factions. The discussion highlights generational influences and the ever-evolving voter coalitions among diverse demographics. With humor and insight, the hosts tackle everything from military spending critiques to the unique challenges facing Jewish communities in today’s politics.

50 snips
Nov 13, 2024 • 1h 1min
Post-Trump Reflections: Fixing Blue Cities
Urban development in American cities faces intriguing challenges, especially in blue cities like San Francisco and New York. The discussion dives into historical shifts, policing strategies, and generational perspectives on crime. With changing public attitudes, progressive policies are scrutinized, revealing complexities in urban management. Personal safety and the ongoing homelessness crisis are pivotal themes, as speakers reflect on their experiences and propose policy changes to enhance livability. It's a deep dive into the socio-political dynamics shaping urban life.

70 snips
Nov 7, 2024 • 54min
Trump and Shadow President Elon
The podcast explores the impact of the 2024 election aftermath, highlighting political anxiety and the need for the Democratic Party to rethink its strategies. Discussions about the rising influence of figures like Elon Musk as a 'shadow president' reveal a disconnect between leaders and the working class. The conversation shifts to engaging diverse voter demographics, particularly Hispanic and Asian voters. Individualism in combating racism is debated, along with the effectiveness of rhetorical strategies versus actual policies in shaping public perception.

25 snips
Nov 4, 2024 • 1h 9min
Trump vs Kamala, Hereticon, Election Craziness
This discussion dives into the polarized landscape of the 2024 presidential election, highlighting Trump's unique influence and charismatic pull. It contrasts Elon Musk's shifting public image, while exploring historical political extremism in America. The rise of alt-right and leftist movements is examined alongside new conservative trends emerging from tech culture. Reflections on Kamala Harris versus Donald Trump underscore concerns about election integrity and global relations, linking current politics to broader societal dynamics.

5 snips
Nov 1, 2024 • 11min
Mini: Comparing the New Axis to WWII
The hosts dive into the alarming parallels between today's rising adversarial nations—like Russia, China, Iran, and North Korea—and the Axis powers of WWII. They explore the shifting geopolitical landscape, especially in relation to the Ukraine conflict. France's proactive stance is highlighted, alongside Germany's struggles in response to these dynamics. It's a thought-provoking discussion on how history can inform current global tensions.

12 snips
Oct 25, 2024 • 27min
Mini: Tariffs on China, Trump, and National Security
The discussion kicks off with the economic implications of the CHIPS Act and the Inflation Reduction Act on national security. The hosts delve into how U.S. tariffs impact the EV and semiconductor industries, highlighting the push for domestic manufacturing. Attention shifts to the struggle of renewable energy initiatives, caught in local opposition and political stalemate. The challenges of tariffs on Chinese electric vehicles and the influence of non-tariff barriers on trade are also explored, revealing complex interactions between competition and security.

80 snips
Oct 23, 2024 • 1h 3min
Progressivism: Past, Present, Future
Dive into the fascinating evolution of American progressivism, exploring its origins and potential resurgence in the 2030s. Discover the contrasting dynamics between grassroots activism and AstroTurf movements, with insights on movements like Fight for 15 and Black Lives Matter. Reflect on the Me Too movement's impact on social change and the challenges it faces. Finally, unpack the need for progressivism to prioritize class issues, and envision a future where historical activism informs today's political landscape.

9 snips
Oct 18, 2024 • 13min
Comparing Trump, Biden, and Obama's China Strategies
Dive into the ever-changing landscape of U.S.-China relations over the past two decades. Discover how Obama's engagement strategy differs from Trump's confrontational turn. Explore Biden's attempts to navigate these complex waters with a constructive approach. Uncover the financial challenges Trump faces and how they impact his political stance on China, alongside China's historical influence on dissenting voices. It's a riveting exploration of past and present policies that shapes the future of international relations.

32 snips
Oct 17, 2024 • 48min
Why Nations Fail, AI & Jobs, Economics as a Science
The podcast dives into the evolving nature of economics, highlighting its shift from natural science to cultural significance. It discusses the critical role of institutions in national success or failure, using Korea as a key example. Technology's double-edged sword is examined, revealing both job creation and displacement. The hosts critically analyze AI's impact on employment, contrasting historical perspectives that show tech can create opportunities. Finally, they debate the balance between prominent economic theories and the value of empirical research.