Uploaded February 2024 | Updated September 2026, 3 hours ago
✍️ Noah Smith talks about why foreign direct investment is important for countries. For more on Russia, and Tucker Carlson's interview with Vladimir Putin, check out Econ 102's episode "Putin, Tucker, and Russia" on YouTube, Spotify, Apple Podcasts, or wherever you get your podcasts!
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✍️ Noah Smith talks about why foreign direct investment is important for countries. For more on Russia, and Tucker Carlson's interview with Vladimir Putin, check out Econ 102's episode "Putin, Tucker, and Russia" on YouTube, Spotify, Apple Podcasts, or wherever you get your podcasts!
💫 Econ 102 is sponsored by Net Suite. If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
📈Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
![The New Axis, Neoliberalism, and Germany [Mailbag]](https://i.ytimg.com/vi/6KBZw9fIO7Q/mqdefault.jpg "The New Axis, Neoliberalism, and Germany [Mailbag]
In today’s episode, Noah Smith and Erik Torenberg summon their next dream guest and tackle some listener questions, including the role of economists in predicting outcomes, Chinas industrial strategy, the new axis, the state of Germany and Britain, and the legacy of neoliberalism.
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SEND US YOUR Qs FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
FOLLOW ON X:
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LINKS:
Noahpinion: https://www.noahpinion.blog/
TIMESTAMPS:
(00:00) Intro
(00:26) Noahs trip to Poland
(01:31) Summoning dream guests - Sergey come on the pod!
(02:43) Mailbag Q: Why listen to economists?
(09:18) Corporate income taxes and policy
(11:59) Unrealized gains
(15:18) Chinas industrial strategy and global relations
(17:37) The New Axis
(21:25) Potential for World War III
(24:06) Sponsor: WorkOS
(25:08) Best industrial policy for small landlocked South Asian nations
(25:47) Drug prizes in the US
(27:29) Nationalistic standpoint and fiscal rules
(31:08) Controversies around national sales tax
(33:01) Geothermal energy and the future of oil industry
(35:54) Germanys energy and economic policies
(38:52) State of Britain and Immigration Issues
(47:41) The legacy of Neoliberalism
(53:13) Wrap")
