Uploaded December 2024 | Updated September 2026, 9 hours ago
In today's episode, Noah Smith and Erik Torenberg answer listeners' questions and discuss global economic issues such as China's demographic challenges, currency crises, GDP vs. GDP per capita, the efficacy of long prison sentences, and the risks and benefits of economic stimulus, currency depreciation, and trade imbalances.
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📰Be notified early when Turpentine drops new publication: turpentine.co/exclusiveaccess
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SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at carta.com/investors
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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
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FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
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LINKS:
Noahpinion: https://www.noahpinion.blog/
https://www.noahpinion.blog/p/good-cities-cant-exist-without-public
https://www.noahpinion.blog/p/macroeconomics-the-predator-of-foolish
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TIMESTAMPS:
(00:00) Intro
(00:20) Changing views on policing
(05:16) Role of technology in policing
(06:50) Public safety as a human right
(07:45) China's demographic challenges
(14:59) Future of aging populations
(16:03) Sponsor: Givewell | Netsuite
(18:25) Understanding GDP and national power
(21:52) Currency crises explained
(27:40) Japan's inflation and interest rates
(28:16) Bond traders and currency depreciation
(29:31) Sponsor: Carta
(30:20) Concerns about the dollar
(31:09) Trade deficit and economic strategies
(33:34) Silicon Valley's rise in DC
(43:26) China's economic crisis
(49:29) Pros and cons of stimulus
(51:29) Wrap
In today's episode, Noah Smith and Erik Torenberg answer listeners' questions and discuss global economic issues such as China's demographic challenges, currency crises, GDP vs. GDP per capita, the efficacy of long prison sentences, and the risks and benefits of economic stimulus, currency depreciation, and trade imbalances.
--
📰Be notified early when Turpentine drops new publication: turpentine.co/exclusiveaccess
--
SPONSORS:
GiveWell
GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.
NetSuite
More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: netsuite.com/102
📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at carta.com/investors
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
--
FOLLOW ON X:
@noahpinion
@eriktorenberg
@turpentinemedia
--
LINKS:
Noahpinion: https://www.noahpinion.blog/
https://www.noahpinion.blog/p/good-cities-cant-exist-without-public
https://www.noahpinion.blog/p/macroeconomics-the-predator-of-foolish
--
TIMESTAMPS:
(00:00) Intro
(00:20) Changing views on policing
(05:16) Role of technology in policing
(06:50) Public safety as a human right
(07:45) China's demographic challenges
(14:59) Future of aging populations
(16:03) Sponsor: Givewell | Netsuite
(18:25) Understanding GDP and national power
(21:52) Currency crises explained
(27:40) Japan's inflation and interest rates
(28:16) Bond traders and currency depreciation
(29:31) Sponsor: Carta
(30:20) Concerns about the dollar
(31:09) Trade deficit and economic strategies
(33:34) Silicon Valley's rise in DC
(43:26) China's economic crisis
(49:29) Pros and cons of stimulus
(51:29) Wrap
