Uploaded May 2025 | Updated September 2026, 2 days ago
This week, Noah Smith and Erik Torenberg explore how nostalgia influences politics and economic policy in the US and China, comparing their consumer cultures, industrial strategies, and the complex effects of tariffs on domestic economies and global relations.
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SPONSORS:
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
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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
–
RECOMMENDED IN THIS EPISODE:
If you think Americans are mad now, just wait a few months: https://www.noahpinion.blog/p/if-you-think-americans-are-mad-now
Noahpinion: https://www.noahpinion.blog/
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TIMESTAMPS:
(00:00) Intro
(00:25) Nostalgia in politics
(01:29) China's historical greatness and modern achievements
(05:46) United States' perspective on greatness
(07:32) Cultural shifts and consumerism in the US and China
(11:08) Tariff updates and economic impacts
(16:33) Sponsors: Netsuite | Adquick
(18:37) Strategies for managing tariffs
(27:50) Europe's shift in trade relations
(28:20) China's domestic market potential
(32:41) Impact of tariffs on US manufacturing
(36:39) Trump's foreign policy and its consequences
(43:41) Europe's strategic partnerships
(50:54) Historical context of global conflicts
(53:55) Wrap
This week, Noah Smith and Erik Torenberg explore how nostalgia influences politics and economic policy in the US and China, comparing their consumer cultures, industrial strategies, and the complex effects of tariffs on domestic economies and global relations.
–
SPONSORS:
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
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:
@noahpinion
@eriktorenberg
@turpentinemedia
–
RECOMMENDED IN THIS EPISODE:
If you think Americans are mad now, just wait a few months: https://www.noahpinion.blog/p/if-you-think-americans-are-mad-now
Noahpinion: https://www.noahpinion.blog/
–
TIMESTAMPS:
(00:00) Intro
(00:25) Nostalgia in politics
(01:29) China's historical greatness and modern achievements
(05:46) United States' perspective on greatness
(07:32) Cultural shifts and consumerism in the US and China
(11:08) Tariff updates and economic impacts
(16:33) Sponsors: Netsuite | Adquick
(18:37) Strategies for managing tariffs
(27:50) Europe's shift in trade relations
(28:20) China's domestic market potential
(32:41) Impact of tariffs on US manufacturing
(36:39) Trump's foreign policy and its consequences
(43:41) Europe's strategic partnerships
(50:54) Historical context of global conflicts
(53:55) Wrap
