Uploaded February 2024 | Updated September 2026, 6 hours ago
This week Noah Smith and Erik Torenberg sit down to deconstruct several economic theories dealing with developing nations, export oriented manufacturing, the roles of engineers across the world, and more. He rebuttals arguments made by Turkish economist Dani Rodrik relating to on manufacturing, automation, employment, and more.
If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
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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
* Watch and Subscribe on Substack: requestforstartups.substack.com/p/receipt-based-dating-reference-checks
* Apple: podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822
* Spotify:open.spotify.com/show/739L1LR32QI2XyoZlRh5nv
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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.
Sponsors: NETSUITE
💫 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
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📈Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
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✍️ LINKS:
Noahpinion "The Developing Country Industrialization series" on Substack: https://www.noahpinion.blog/p/the-developing-country-industrialization
Thread on the economy: twitter.com/RealEJAntoni/status/1753450904840286367?s=20
EJ Antoni's "Why the Unemployment Rate Is Much Higher Than It Seems" : heritage.org/jobs-and-labor/commentary/why-the-unemployment-rate-much-higher-it-seems
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X / TWITTER:
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@TurpentineMedia (Turpentine)
–
TIMESTAMPS
(00:00) Episode Preview
(02:12) Debunking economic myths
(03:03) Unemployment rates
(04:56) Alternative labor market indicators
(06:40) Misconceptions about inflation
(09:33) Understanding borrowing and debt
(12:10) SPONSOR: NETSUITE
(17:28) The possibility of economic collapse
(21:34) International development strategies
(26:11) Bangladesh’s need for electronics manufacturing
(30:27) Dani Rodrik's views on manufacturing
(36:15) The impact of automation on manufacturing
(39:19) The role of engineers in manufacturing
(43:25) Future of manufacturing in developing countries
Music license:
XQIYSOR3EYBDC2AV
This week Noah Smith and Erik Torenberg sit down to deconstruct several economic theories dealing with developing nations, export oriented manufacturing, the roles of engineers across the world, and more. He rebuttals arguments made by Turkish economist Dani Rodrik relating to on manufacturing, automation, employment, and more.
If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
_
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
* Watch and Subscribe on Substack: requestforstartups.substack.com/p/receipt-based-dating-reference-checks
* Apple: podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822
* Spotify:open.spotify.com/show/739L1LR32QI2XyoZlRh5nv
_
➕ 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.
Sponsors: NETSUITE
💫 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. 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
–
✍️ LINKS:
Noahpinion "The Developing Country Industrialization series" on Substack: https://www.noahpinion.blog/p/the-developing-country-industrialization
Thread on the economy: twitter.com/RealEJAntoni/status/1753450904840286367?s=20
EJ Antoni's "Why the Unemployment Rate Is Much Higher Than It Seems" : heritage.org/jobs-and-labor/commentary/why-the-unemployment-rate-much-higher-it-seems
–
X / TWITTER:
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@TurpentineMedia (Turpentine)
–
TIMESTAMPS
(00:00) Episode Preview
(02:12) Debunking economic myths
(03:03) Unemployment rates
(04:56) Alternative labor market indicators
(06:40) Misconceptions about inflation
(09:33) Understanding borrowing and debt
(12:10) SPONSOR: NETSUITE
(17:28) The possibility of economic collapse
(21:34) International development strategies
(26:11) Bangladesh’s need for electronics manufacturing
(30:27) Dani Rodrik's views on manufacturing
(36:15) The impact of automation on manufacturing
(39:19) The role of engineers in manufacturing
(43:25) Future of manufacturing in developing countries
Music license:
XQIYSOR3EYBDC2AV
