Economist and Substack writer Noah Smith and investor Erik Torenberg make sense of what’s happening in the news, technology, business, and beyond, through the lens of economics. Econ 102 is a part of the Turpentine podcast network. Learn more: turpentine.co
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You’ll hear consequential ideas here first, and in the mainstream months later. Upstream is a curated nexus feed from the Turpentine podcast network, bringing you expert-level conversations hosted by some of the most compelling thinkers in the world including Noah Smith, Samo Burja, Byrne Hobart, Erik Torenberg, and Nathan Labenz. Guests include Marc Andreessen, Balaji Srinivasan, Dario Amodei, Brian Armstrong, David Sacks, Sam Harris, Katherine Boyle, Curtis Yarvin, and many more unmissable ...
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Investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future. Topics covered: Finance, Venture Capital, Tech, AI, Crypto, and Industry Cycles The Riff is a part of the Turpentine podcast network. Learn more: turpentine.co
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See the world through the eyes of society's greatest rule-breakers. The "Live Players" podcast charts the key individuals shaping our future from first principles across multiple domains: business, politics, philanthropy, and broadcasting from the digital town square Join host Samo Burja and Erik Torenberg as they analyze the mindsets of today's most intriguing business leaders, investors, and innovators through the lens of their bold actions and contrarian worldviews. You'll come away with ...
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Dissecting Modern Society with Rudyard Lynch
1:02:08
1:02:08
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Samo Burja and Rudyard Lynch explore global power shifts and the psychological impacts of modernity, drawing parallels between current societal changes and historical patterns from medieval times through the 1600s to analyze contemporary challenges in technology, surveillance, and social control. For full show notes, visit: https://highlightai.com/…
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E98: Solving America’s Problems with Joe Lonsdale
1:00:17
1:00:17
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1:00:17
This week on Upstream, we’re releasing a conversation between Erik Torenberg and Joe Lonsdale, co-founder of Palantir and founder of the Cicero Institute, discusses his solutions for American healthcare, education, crime, homelessness, and inequality, emphasizing the need for accountability and nonpartisan approaches. For full show notes, visit: ht…
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Vitalik Buterin & Noah Smith | Is Authoritarianism Inevitable?
1:39:59
1:39:59
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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. They discuss whether authoritarian regimes could outcompete liberal democracies in the 21st century, exploring the impact of technological advancements, the internet, and decentralized t…
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E55: Futarchy, Elon, and Gut Decisions in Business
1:02:30
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This week, Erik and Byrne discuss the impact of technological change on markets, debate the feasibility of Argentine-style economic policies in the U.S., discuss government efficiency, payroll costs, and political dynamics, including the potential economic effects of a Trump administration and strategies of figures like Elon Musk and Sam Altman. Fo…
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E97: Combining Biology and AI w/ Michael Levin and Dr. Leo Pio Lopez
1:15:42
1:15:42
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1:15:42
This week we’re releasing an episode from the Cognitive Revolution, Nathan Labenz interviews Professor Michael Levin and Dr. Leo Pio Lopez about their groundbreaking research integrating multiple biological datasets using advanced AI techniques to predict new disease links, and discusses broader implications for AI in biology and future technologie…
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DOGE, Political Realignment, and the End of 'Groups'
1:21:31
1:21:31
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1:21:31
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. For full show notes, visit: https://h…
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E96: Rudyard Lynch and Samo Burja Talk The Left’s Future and Problems with Modernity
1:02:25
1:02:25
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Today on Upstream, Rudyard Lynch and Samo Burja discuss the aftermath of the U.S. presidential election, the decline of French influence in Africa, the psychology of modernity, and the potential future of free versus controlled internet. For full show notes, visit: https://highlightai.com/share/d3195f8d-9dc3-4891-83d6-3354a83efbe9 — 📰Be notified ea…
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E95: Trump’s Potential Transportation Secretary on Growing Uber | Emil Michael
58:17
58:17
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Emil Michael, formerly the Chief Business Officer of Uber, talked to Erik Torenberg and Jesse Genet about the most intense moments during Uber's meteoric rise. Its been reported that he's on the short list of Trump's picks for US Secretary of Transportation. For full shownotes, visit: https://highlightai.com/share/f213f7ab-3627-4d15-b151-0238f9ebd1…
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In this episode of Live Players, Samo Burja and Erik Torenberg discuss the dynamics of populism in politics. They analyze its strengths, limitations, and impact on institutions, governments, and political strategies, with a deep dive into historical and contemporary examples, including Trump, Brexit, and Orban's Hungary. For full show notes, visit:…
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E94: Best of: AGI | Dario Amodei / Balaji Srinivasan / Marc Andreessen / Samo Burja / Michael Levin
1:18:02
1:18:02
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This week, we’re featuring discussions with Dario Amodei, Balaji Srinivasan, Marc Andreessen, Michael Levin, and Samo Burja on AGI scaling laws, AI safety, and AI development, exploring themes such as the evolution of AI, economic implications, and philosophical aspects of intelligence. For full show notes, visit: https://highlightai.com/share/9192…
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E54: How Bubbles Create The Future
58:22
58:22
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On this week’s episode of The Riff, explore the impact of technological change on markets and businesses, discussing economic bubbles, the future of AI, the post-election political landscape, and Byrne's upcoming book Boom, which examines the role of bubbles in infrastructure development. For full shownotes, visit: https://highlightai.com/share/449…
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Post-Trump Reflections: Fixing Blue Cities
1:01:07
1:01:07
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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. For full show notes, visit: https://highlightai.com/share/69fa9439-ace9-43c3-9a96…
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E93: How Trump and Elon Could Rebuild the US Government
58:26
58:26
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58:26
In this episode of Upstream, Samo Burja and Erik Torenberg discuss how Trump's victory signals a new alliance between right-wing politics and tech industry leaders like Elon Musk while exploring the challenges and opportunities of reforming government institutions through technological innovation. For full show notes, visit: https://highlightai.com…
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In this episode of Live Players, Samo Burja and Erik Torenberg discuss how Trump's victory signals a new alliance between right-wing politics and tech industry leaders like Elon Musk, while exploring the challenges and opportunities of reforming government institutions through technological innovation. For full show notes, visit: https://highlighta…
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E53: Election Analysis, Heresy, and Real Estate
1:01:26
1:01:26
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This week, Erik Torenberg and Byrne Hobart explore the evolving landscape of heretical ideas, election dynamics, AI and crypto’s market impacts, prediction markets, the shifting Overton window, contrarian perspectives, and trends in housing and smaller social networks. For full shownotes, visit: https://highlightai.com/share/77be6b84-0f55-4dcc-9dd1…
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E92: Curtis Yarvin’s Pre-Election Advice to Elon Musk
1:43:33
1:43:33
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1:43:33
In this episode, Erik and Yarvin discuss media, power, and what Elon should do with Twitter. For full show notes, visit: https://highlightai.com/share/b9c0012c-979b-441e-9fb3-6394bef6a7ad — 📰Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess — RECOMMENDED PODCAST: 🎙️Moment of Zen Every week, Erik To…
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Trump and Shadow President Elon
54:28
54:28
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54:28
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. For full show notes, visit: https://highlightai.com/…
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Trump vs Kamala, Hereticon, Election Craziness
1:09:17
1:09:17
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1:09:17
This week on Econ 102, Noah Smith and Erik Torenberg examine the 2024 presidential election, Trump's influence on American politics, and the interplay of conservative movements with domestic and international issues. For full show notes, visit: https://highlightai.com/share/70765901-d8f7-46b6-b580-3cc3f3874b7f -- 📰 Be notified early when Turpentine…
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E91: Why We Do Philosophy w/ Agnes Callard
1:21:49
1:21:49
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1:21:49
In this episode, Erik sits down with Agnes Callard, a philosopher and essayist who specializes in ancient philosophy, ethics, and Socratic communication. For full show notes, visit: https://highlightai.com/share/cee0a35b-4a10-4c3a-a988-7d9b3d7b7db4 — 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveacc…
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1
Mini: Comparing the New Axis to WWII
11:01
11:01
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11:01
Noah Smith and Erik Torenberg analyze the historical Axis powers in comparison to today's emerging adversarial nations, emphasizing geopolitical dynamics, military capabilities, and the evolving balance of power. For full shownotes, visit highlight: https://highlightai.com/share/577e5681-76d2-498c-8ebc-7b136b1b598f -- Be notified early when Turpent…
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E52: How Tech Journalism Works w/ Patrick McKenzie
1:00:15
1:00:15
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In this special episode of The Riff, Erik Torenberg and Patrick McKenzie explore the evolving landscape of tech journalism, media narratives about the tech industry, and how the industry is increasingly telling its own story. For full shownotes, visit: https://highlightai.com/share/2dab4f2e-f8b1-410b-9bc4-b4a9b137c22f 📰Be notified early when Turpen…
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E90: Elites, Institutions, and Trump with Richard Hanania
1:19:43
1:19:43
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1:19:43
Richard Hanania joins Erik Torenberg to discuss his upcoming book on elite human capital, the future of American politics, and his evolving views on culture war issues. For full show notes, visit: https://highlightai.com/share/af273f63-9f1b-49e1-8fed-28296237498b — 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.…
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E89: Economics as a Science w/ Noah Smith
47:40
47:40
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47:40
Noah Smith and Erik Torenberg tackle the shift in economic research from empirical studies to "big think" theories, critically examine Acemoglu's work on institutions and AI's impact on jobs, and debate the future of economics as a science. For full show notes, visit: https://highlightai.com/share/d1548747-43db-4b71-b0a8-af285d3deafd — 📰Be notified…
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Mini: Tariffs on China, Trump, and National Security
26:52
26:52
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26:52
Noah breaks down the number one issue no one is grappling with in regards to tariffs on China. For full shownotes, visit highlight: https://highlightai.com/share/1835116c-516d-4cab-a2ee-19f4504bc263 -- Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess -- SPONSOR: GiveWell GiveWell spends 50,000 hou…
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E51: Venture Scale, Y Combinator, and Financial Bubbles
1:03:55
1:03:55
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1:03:55
In this episode of The Riff, Byrne Hobart discusses his upcoming book about financial bubbles, venture scale businesses, creator financing, and prediction markets. For full shownotes, visit: https://highlightai.com/share/d084ef81-e3cd-41b2-be04-b6fc2bbe3f7a 📰Be notified early when Turpentine drops new publication: https://www.turpentine.co/exclusiv…
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E88: The Fertility Apocalypse w/ Samo Burja
1:04:54
1:04:54
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1:04:54
This week on Upstream, Erik Torenberg and Samo Burja explore the global demographic crisis, examining plummeting fertility rates worldwide and their potentially catastrophic implications for humanity's future. For full show notes, visit: https://highlightai.com/share/0d2557ac-2da6-4087-b6b4-b55f326b47fd — 📰Be notified early when Turpentine's drops …
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Progressivism: Past, Present, Future
1:03:22
1:03:22
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1:03:22
This week on Econ 102, Noah Smith and Erik Torenberg delivers a masterful analysis of American progressivism's rise, fall, and potential future resurrection as a class-focused movement in the 2030s. For full show notes, visit: https://highlightai.com/share/c29e2f67-3580-4753-913b-f87c744c6118 -- 📰Be notified early when Turpentine drops new publicat…
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E87: Embodied Minds and Cognitive Agents with Dr. Michael Levin
1:27:24
1:27:24
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1:27:24
In this episode, Dr. Michael Levin, Distinguished Professor of Biology at Tufts University, joins Nathan Labenz of The Cognitive Revolution Podcast to discuss embodied minds, his research into limb regeneration and collective intelligence, cognitive light cones, and much more. Dr. Levin and the Levin Lab work at the intersection of biology, artific…
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Comparing Trump, Biden, and Obama's China Strategies
12:49
12:49
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12:49
Noah Smith breaks down the last two decades of US-China policy shifts - and where we go from here in anticipation of the November election. Let us know if you like these short-form Econ 102 friday bonus episodes by emailing econ102@turpentine.co. -- Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess…
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E50: Freemium Apps, Restaurants, and Search with Patrick McKenzie
1:27:58
1:27:58
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1:27:58
In this special episode of The Riff, Byrne Hobart is joined by Patrick McKenzie, host of the podcast Complex Systems to discuss a range of topics including app business models, restaurant industry economics, AI's impact on productivity, the evolution of search technologies and more. 🔥 Apply to join over 400 Founders and execs in the Turpentine Netw…
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Why Nations Fail, AI & Jobs, Economics as a Science
47:30
47:30
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47:30
This week on Econ 102, Noah Smith and Erik Torenberg tackle the shift in economic research from empirical studies to "big think" theories, critically examine Acemoglu's work on institutions and AI's impact on jobs, and debate the future of economics as a science. -- 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.…
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E86: Techno-capitalism with Bryan Johnson
1:06:46
1:06:46
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1:06:46
Bryan Johnson joins Antonio Garcia Martinez and Erik Torenberg to discuss the deeper spiritual beliefs behind the "Don't Die" movement in the face of AI and the inadequacy of human clock speed. They cover religions as death cults, long-termism vs engineering your own longevity, and Bryan's recent interview on Tucker Carlson. — 🔥 Apply to join over …
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Urbanization, Technology, and Global Shifts
1:42:00
1:42:00
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1:42:00
Today on Live Players, we’re releasing an interview from Steve Hsu on the Manifold Podcast with Samo Burja. They unravel the complexities of our world, discussing China's rise, Europe's future, and industrial shifts. This episode delves into unique research methods, journalism challenges, and the dynamic ecosystem of Silicon Valley. They explored u…
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E85: Analyzing Everything with Byrne Hobart and Patrick McKenzie
1:29:15
1:29:15
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1:29:15
This week on Upstream, we’re releasing a conversation between Patrick McKenzie and Byrne Hobart where they navigate the compelling terrains of in-app purchases and restaurant economics. They dive into the monetization strategies of video games and the influence of food delivery platforms like DoorDash on pricing and menu designs and explore the bri…
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E84: Let’s Fix Social Media with Jonathan Haidt
1:01:25
1:01:25
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In this episode of Upstream, Erik Torenberg sits in with social psychologist Jonathan Haidt to discuss his book, 'The Anxious Generation.' They dive into the severe impact of social media on youth mental health and explore Jonathan's recommendations for smartphone and social media usage among teens. They discuss the broader implications for democra…
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E49: AI Art, Young Founders, and Disrupting Higher Education
1:00:15
1:00:15
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1:00:15
This week, Byrne Hobart and Erik Torenberg discuss the shifting dynamics of careers and education, the notion of "auto-paternalism" in organizational choices, Spotify's growth strategy in a mature market, the future of podcasts and audio content, and the intricate relationship between AI art, property rights and more. 🔥 Apply to join over 400 Found…
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Kamala vs. Trump: Economic Plans and Foreign Policy Showdown
59:52
59:52
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59:52
This week, Noah Smith and Erik Torenberg discuss the political nuances that influence the Republican and Democratic parties in the U.S. They explore the historical shifts in party dynamics, immigration policies, and the evolving economic strategies under potential future administrations. -- 🔥 Apply to join over 400 Founders and Execs in the Turpent…
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E83: How Patty McCord Built Netflix’s Culture
1:08:26
1:08:26
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1:08:26
This week on Upstream, former Netflix HR executive Patty McCord sits down with Nolan Church and Kelli Dragovich to dive deep into the creation and impact of Netflix's renowned culture deck, hailed as a pivotal document in Silicon Valley. Patty shares the evolution of the deck over 10 years with Netflix's management team, the challenges of scaling a…
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The Possibility of Human Extinction
1:05:07
1:05:07
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1:05:07
This episode of Live Players centers on the alarming issue of declining fertility rates worldwide, examining specific country examples such as Japan, South Korea, and Turkey, and the societal and technological implications of these demographic changes. Samo Burja and Erik Torenberg explore potential interventions, such as tax breaks for families, a…
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E48: Facebook vs MySpace, Why Peter Thiel is Wrong About Competition, and OpenAI Corporate Structure
57:23
57:23
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57:23
This week, Byrne Hobart and Erik Torenberg dive into a range of fascinating topics such as the evolution and future of OpenAI's business model, economic rationale behind corporate buybacks, changing software economics, China's recent equity market surge and more. 🔥 Apply to join over 400 Founders and execs in the Turpentine Network: https://www.tur…
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E82: America’s Future with Palmer Luckey
1:11:50
1:11:50
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1:11:50
This week on Upstream, we revisit a 2023 conversation between Jacob Helberg, Delian Asparouhov, Christian Garrett and Palmer Luckey, founder of Anduril Industries and Oculus VR where they discuss the intersection of Silicon Valley and U.S. defense technology. They tackle the challenges of defense tech innovation, the influence of Chinese technology…
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International Development, The Reserve Currency, and Xi Jinping’s Legacy
55:52
55:52
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55:52
This week, Noah Smith and Erik Torenberg unpack China's economic strategies under Xi Jinping, from the controversial tech crackdown to the ambitious Belt and Road Initiative. They explore the intricacies of international currency dynamics, dissect Ben Bernanke's pivotal role in the 2008 financial crisis, and examine the complex effects of brain dra…
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E81: Status, Sacred, and Neglected Truths with Robin Hanson
1:27:14
1:27:14
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1:27:14
In this episode of Upstream, Erik Torenberg is joined by economist and futurist Robin Hanson. They dissect the intricacies of human motives, the psychology of status, and the profound impact of self-deception on behavior. Robin shares his revolutionary ideas for reforming academia and his pioneering work on prediction markets and his thoughts on th…
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E47: Cult Stocks, Tech Media, and Technological Revolutions
1:02:02
1:02:02
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1:02:02
This week, Byrne Hobart and Erik Torenberg discuss cult stocks like Tesla and Palantir, debate whether AI or globalization will impact jobs more, explore the energy transition's unexpected reversal, analyze Forbes' content strategy and more. 🔥 Apply to join over 400 Founders and execs in the Turpentine Network: https://www.turpentinenetwork.co/ ---…
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Palladium, Intellectual Culture, and Silicon Valley
51:30
51:30
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51:30
In this episode of Live Players, Erik Torenberg and Samo Burja discuss the unique role of Palladium Magazine as a non-profit that promotes intellectual and cultural community-building. They highlight the magazine’s focus on 'governance futurism' and the importance of creating new and inspiring thought while remaining non-partisan. They also explore…
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E80: Financial Plumbing with Patrick McKenzie and Erik Torenberg
57:13
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57:13
In this episode of Upstream, Erik Torenberg interviews Patrick McKenzie (patio11) about the intricacies of the financial system, focusing on banking, money laundering, and regulatory compliance. They discuss several of Patrick’s essays from Bits About Money. Patrick discusses the three stages of money laundering - placement, layering, and integrati…
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Noah's new book topic, Evaluating Immigration, Saving Midwestern Cities
1:06:07
1:06:07
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1:06:07
In today’s episode, Noah Smith and Erik Torenberg dive into the complexities of immigration, global economic development, and cultural stereotypes. Noah also shares insights from his upcoming book on reviving Japan's economy, examining strategies like innovation, reforming large corporations, and attracting foreign investments. -- 🔥 Apply to join o…
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E79: How Civilizations Cycle & Collapse | Samo Burja and Rudyard Lynch
1:02:23
1:02:23
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1:02:23
This week on Upstream, we’re featuring a discussion between Samo Burja, Rudyard Lynch and Erik Torenberg about the inherent differences between civilizations and their impact on history and politics. They explore the parallels and distinctions between ancient civilizations like Babylon and modern entities like Silicon Valley, the influence of Abrah…
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Civilizational Differences
1:02:19
1:02:19
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1:02:19
In today’s episode of Live Players, we’re featuring a discussion between Samo Burja, Rudyard Lynch and Erik Torenberg about the inherent differences between civilizations and their impact on history and politics. They explore the parallels and distinctions between ancient civilizations like Babylon and modern entities like Silicon Valley, the influ…
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E46: Degrowth, Private Equity, and the EU Tech Industry
56:43
56:43
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This week, Byrne Hobart and Erik Torenberg tackle the current state of the EU's tech sector, evolution of private equity firms, consumer credit defaults, online reputation management and more. 🔥 Apply to join over 400 Founders and execs in the Turpentine Network: https://www.turpentinenetwork.co/ --- RECOMMENDED PODCASTS: 🎙️ This Won't Last - Eaves…
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