Uploaded February 2025 | Updated September 2026, 8 hours ago
This week, Noah Smith and Stripe CEO Patrick Collison recorded a live conversation on Substack covering topics such as American technological leadership, global competition, industrial policy, foreign direct investment, post-financial crisis productivity trends, US financial system advantages, progressive policies, the middle class, tariffs, immigration, technological advancements like humanoid robots, Gen Z’s well-being, and key policy recommendations for economic and social progress. This conversation first aired in Noah's substack Noahpinion, so be sure to subscribe if you aren't already.
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📰Be notified early when Turpentine drops new publication: turpentine.co/exclusiveaccess
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SPONSORS:
Notion
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at notion.com/upstreampod
NetSuite
More than 41,000 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
Found
Found provides small business owners tools to track expenses, calculate taxes, manage cashflow, send invoices and more. Open a Found account for free at found.com/econ102
AdQuick
The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit adquick.com today to start reaching your customers in the real world.
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
--
FOLLOW ON X:
@patrickc
@noahpinion
@eriktorenberg
@turpentinemedia
--
RECOMMENDED IN THIS EPISODE:
Noahpinion: https://www.noahpinion.blog/
Patrick Collison interview + at least five interesting things: https://www.noahpinion.blog/p/patrick-collison-interview-at-least
Stripe: stripe.com
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TIMESTAMPS:
(00:00) Intro
(00:55) US technological leadership
(03:18) Economic policy and FDI
(05:34) Labor productivity trends
(10:02) Private equity and labor reallocation
(11:59) Sponsors: Netsuite | Notion
(16:01) Rethinking liberalism and progressive policies
(25:51) Debating the impact of tariffs
(26:37) Potential diplomatic fallout
(27:49) Economic benefits of tariffs?
(27:57) Sponsors: Found | AdQuick
(30:02) Reshoring and humanoid robots
(32:09) The YIMBY movement and urban density
(36:35) Gen Z and technological adaptation
(41:19) Institutional quality and decline
(45:44) Policy prescriptions for the future
(47:27) Conclusion and Farewell
This week, Noah Smith and Stripe CEO Patrick Collison recorded a live conversation on Substack covering topics such as American technological leadership, global competition, industrial policy, foreign direct investment, post-financial crisis productivity trends, US financial system advantages, progressive policies, the middle class, tariffs, immigration, technological advancements like humanoid robots, Gen Z’s well-being, and key policy recommendations for economic and social progress. This conversation first aired in Noah's substack Noahpinion, so be sure to subscribe if you aren't already.
--
📰Be notified early when Turpentine drops new publication: turpentine.co/exclusiveaccess
--
SPONSORS:
Notion
📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at notion.com/upstreampod
NetSuite
More than 41,000 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
Found
Found provides small business owners tools to track expenses, calculate taxes, manage cashflow, send invoices and more. Open a Found account for free at found.com/econ102
AdQuick
The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit adquick.com today to start reaching your customers in the real world.
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
--
FOLLOW ON X:
@patrickc
@noahpinion
@eriktorenberg
@turpentinemedia
--
RECOMMENDED IN THIS EPISODE:
Noahpinion: https://www.noahpinion.blog/
Patrick Collison interview + at least five interesting things: https://www.noahpinion.blog/p/patrick-collison-interview-at-least
Stripe: stripe.com
--
TIMESTAMPS:
(00:00) Intro
(00:55) US technological leadership
(03:18) Economic policy and FDI
(05:34) Labor productivity trends
(10:02) Private equity and labor reallocation
(11:59) Sponsors: Netsuite | Notion
(16:01) Rethinking liberalism and progressive policies
(25:51) Debating the impact of tariffs
(26:37) Potential diplomatic fallout
(27:49) Economic benefits of tariffs?
(27:57) Sponsors: Found | AdQuick
(30:02) Reshoring and humanoid robots
(32:09) The YIMBY movement and urban density
(36:35) Gen Z and technological adaptation
(41:19) Institutional quality and decline
(45:44) Policy prescriptions for the future
(47:27) Conclusion and Farewell
