Noah Smith and Erik Torenberg explore the debate on immigration, including open borders vs border enforcement, the ideal composition of immigrants, the housing crisis, & the mixed views Americans have on the subject. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.
Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity
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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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Sponsors: GIVEWELL | NETSUITE
Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.
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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 on Substack: https://www.noahpinion.blog/
- Noah Smith, "Americans are Angry About Immigration": https://www.noahpinion.blog/p/americans-are-angry-about-immigration
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X / TWITTER:
@noahpinion (Noah)
@eriktorenberg (Erik)
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TIMESTAMPS:
(00:40) Episode Preview
(02:12) Americans' mixed views on immigration
(04:07) The Great Replacement Theory and Political Replacement Theory
(06:01) Open borders vs. border enforcement Mechanisms
(09:18) Economic effects of immigration
(14:23) NIMBYism & the strain on local government finances
(14:46) SPONSORS: GIVEWELL
(16:12) Labor competition
(20:27) Historical Labor Protectionism
(25:13) SPONSORS: NETSUITE
(28:27) Impacts of NIMBYism
(31:45) Costs of Immigration
(35:02) Housing & Fiscal Competition
(47:46) The Debate on Immigration and Open Borders
(49:12) Ideal Amount of Immigration and Sustainable Levels
(50:06) High-Skilled vs Low-Skilled Immigration
(54:49) Ideal Composition of Immigrants
(59:13) Competing with China & the Need for High-Skilled Immigration
(01:00:42) Republican Critiques: Political, Cultural, & Racial Replacement
(01:08:45) American cultural diversity
(01:13:16) Debunking the Fear of Racial Replacement
(01:16:22) The Nuanced Picture of Immigration
Music License: ZHRPBK5SO667TNVT
