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Episodes

March 18, 2025

How Europe, America and China Are Repositioning

This week, Noah Smith and Erik Torenberg explore global economic issues, including US-European relations influenced by defense commitments, the impact of Trump’s policies, China’s Belt and Road Initiative and its exclusion of...

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March 12, 2025

Making Sense of America's Tariff Chaos

This week, Noah Smith and Erik Torenberg discuss the chaos caused by Trump's trade policies, tariffs' effects on the U.S. economy, potential recession risks, economic isolationism, policy uncertainty, investment impacts, and ...

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March 6, 2025

AI, Stargate, & Surveillance with Auron McIntyre and Lev Polyakov

In this episode, Noah Smith recently went on the Break the Rules podcast, hosted by Lev Polyakov, for a debate with Auron MacIntyre. They discuss the societal implications of AI development, focusing on Trump's relationships ...

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Feb. 28, 2025

Richard Hanania & Noah Smith: Making Sense of Trump, Elon, and Global Politics

This week, we're sharing Richard Hanania and Noah Smith’s live conversation from Feb 6th, recorded for their Substack audiences. This is the first time the two writers have met, and in this conversation they covered fundamen...

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Feb. 26, 2025

Elon calls Noah a Liar, Inflation, and How Democrats Can Fight Back

This week Noah Smith and Erik Torenberg discuss three key areas where Democrats need to rethink their strategy: embracing anti-inflation policies similar to the Clinton era, focusing on genuine threats to democracy rather tha...

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Feb. 19, 2025

Europe's Fate, Ukraine & Russia, and the Post-American Era

In this episode, Noah Smith and Erik Torenberg discuss how Ukraine has proven surprisingly resilient throughout the war by maintaining its economy and developing significant domestic drone manufacturing capabilities. He argue...

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Feb. 14, 2025

How the Macro, Tariffs and DOGE will Impact your Bank Account | Noah Smith on How To Money

This week, we’re bringing you an episode from the How to Money podcast, hosted by Joel Larsgaard and Matt Altmix, with special guest Noah Smith.

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Feb. 12, 2025

Elon's Real Goal at DOGE and How to Fix the Debt

This week, Noah Smith and Erik Torenberg dive into recent economic developments, exploring 'Doge'—a term for reducing government waste promoted by Elon Musk and the Trump administration—along with its ideological goals, fiscal impact, and effects on executive power, budget deficits, healthcare, social security, and government efficiency.

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Feb. 7, 2025

Patrick Collison & Noah Smith: How can the US Stay Ahead Technologically?

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.

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Feb. 5, 2025

Understanding US-China Relations Right Now with Nathan Labenz

In this week’s episode of Econ 102, Noah Smith, with special guest Nathan Labenz, unpack the U.S.-China relations, examining geopolitical tensions, strategic economic policies, AI and military technology, and the future of global technological leadership, while questioning the effectiveness of current U.S. policies and the risks of escalating conflicts under Xi Jinping's aggressive strategies.

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Jan. 31, 2025

Paul Krugman on Leaving NYT, America's Economy, and Trump

This week on Econ 102, Noah Smith and economist Paul Krugman discussed his departure from the New York Times, the benefits of independent writing, U.S. manufacturing and industrial policy, geopolitical events, the political climate, social media’s influence, and the impact of public opinion on economic and political discourse in a video they recorded last week for Noahpinion.

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Jan. 29, 2025

Trump's Executive Orders, China's Economy, The Bull Case for the Middle East, and Europe's Decline

In this episode, Erik Torenberg and Noah Smith discuss wide range of topics, including Trump’s executive orders and their effects on U.S. politics, international tariffs, Michael Pettis's views on China's economy, the Middle East’s potential with solar energy, and Europe’s socio-political shifts, all through the lens of economics.

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Jan. 22, 2025

Noah Smith on Taiwan's Future, Nuclear Proliferation, and Trump 2.0 [ChinaTalk]

This week, Noah Smith sat down with China Talk's managing editor and Taipei correspondent Lily Ottinger to explore wide range of geopolitical and economic issues, including the potential impacts of a second Trump administration on Asia, nuclear proliferation, China's economic strategies, Taiwan's defense and diplomatic policies, and demographic shifts, while also offering insights into global economic trends, technological influences on politics, and his upcoming book on Japan's economic reviva…

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Jan. 15, 2025

A Debate with Scott Sumner: Industrial Policy, China, and National Security

In this episode, Noah Smith and Erik Torenberg are joined by Scott Sumner, an American economist and previously the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, examine the impact of U.S.-China relations on economic and industrial policies, discussing topics such as tariffs, manufacturing capabilities, technologies like drones and batteries, climate change, defense strategies, and the evolving role of neoliberalism.

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Jan. 9, 2025

Canada After Trudeau, Immigration Debate, and China's Economy

This week, Noah Smith and Eric Torenberg explore the possibility of a Chinese invasion of Taiwan, Xi Jinping's political future, U.S.-China tensions, Trump's and Biden's policies, the 2019 global protests, China's economic troubles, and the challenges facing Western nations, while also emphasizing the need for bipartisan cooperation on U.S. industrial policy.

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Jan. 2, 2025

Trump, Tariffs, and the New 80s: America's Next Cultural Reset

This week, Noah Smith and Erik Torenberg discuss Silicon Valley's cultural influence, Marc Andreessen's predictions, what comes after wokeness, tariffs on China, Reaganomics, the 'polycrisis,' the future of industrial policy, and political dynamics involving Donald Trump, Elon Musk, and Paul Krugman.

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Dec. 25, 2024

China's Demographic Time Bomb and America's Economic Future

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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Dec. 18, 2024

Relationships, Gender Wars, and Online Culture with Katherine Dee (Default Friend)

This week, Erik Torenberg and Noah Smith discuss modern dating dynamics, cultural shifts, and the impact of technology and social media on relationships with former dating advice columnist and cultural observer Katherine Dee, exploring generational differences and broader societal implications.

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Dec. 11, 2024

The New Left, Health Insurance Myths, and Solving Underpopulation

Noah Smith and Erik Torenberg discuss the high costs of healthcare, the challenges facing the center-left, the possibility of infinite economic growth, solutions to declining fertility rates, and the role of technology in addressing demographic challenges.

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Dec. 4, 2024

A Debate on Immigration, Ethnostates, and National Identity

This week, Erik Torenberg and Noah Smith explore nationalism, ethno-states, global governance, and immigration policies, examining the philosophical and practical implications of national identity, demographic shifts, and cultural assimilation through historical, current, and hypothetical lenses.

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Nov. 27, 2024

Vitalik Buterin & Noah Smith | Is Authoritarianism Inevitable?

In today's special episode, we're sharing a conversation between Noah Smith and Ethereum co-founder Vitalik Buterin recorded back in June for the Bankless podcast.

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Nov. 21, 2024

DOGE, Political Realignment, and the End of 'Groups'

This week, Erik Torenberg and Noah Smith explore economic policies, political dynamics, societal issues, including the abolition of income tax, government agency efficiency, the evolving political landscape, technology's impact on freedom and dignity, and the challenges of maintaining a competent civil service.

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Nov. 13, 2024

Post-Trump Reflections: Fixing Blue Cities

Noah Smith and Erik Torenberg discuss the evolution and challenges of urban development in American cities, particularly the rise and fall of blue cities like San Francisco and New York, while exploring historical trends, fiscal policies, and socio-political dynamics.

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Nov. 7, 2024

Trump and Shadow President Elon

Noah Smith and Erik Torenberg analyze the aftermath of the Trump 2024 election, debating what to expect on political strategies, economic policies, and the power of figures like Elon Musk, while discussing potential shifts needed within the Democratic Party to address changing voter demographics.

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