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"Econ 102" with Noah Smith and Erik Torenberg - Comparing Trump, Biden, and Obama's China Strategies

Comparing Trump, Biden, and Obama's China Strategies

10/18/24 • 12 min

"Econ 102" with Noah Smith and Erik Torenberg

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 [email protected].

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Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess

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SPONSOR:

GiveWell

GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.

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TIMESTAMPS:

(00:00) Intro

(01:18) Evolutions on America's approach to China

(02:08) Obama's engagement strategy with China

(03:07) Trump's paradigm shift in China policy

(04:14) Biden's constructive approach to China policy s

(06:02) Discussion on Trump's financial situation

(07:09) China's history of influencing critics

(08:11) Sponsor: GiveWell

(09:21) Outro

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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 [email protected].

--

Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess

--

SPONSOR:

GiveWell

GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.

--

TIMESTAMPS:

(00:00) Intro

(01:18) Evolutions on America's approach to China

(02:08) Obama's engagement strategy with China

(03:07) Trump's paradigm shift in China policy

(04:14) Biden's constructive approach to China policy s

(06:02) Discussion on Trump's financial situation

(07:09) China's history of influencing critics

(08:11) Sponsor: GiveWell

(09:21) Outro

Previous Episode

undefined - Why Nations Fail, AI & Jobs, Economics as a Science

Why Nations Fail, AI & Jobs, Economics as a Science

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.

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🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/

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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

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FOLLOW ON X:

@noahpinion

@eriktorenberg

@turpentinemedia

--

LINKS:

Noahpinion: https://www.noahpinion.blog/

Why Nations Fail: https://en.wikipedia.org/wiki/Why_Nations_Fail

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TIMESTAMPS:

(00:00) Intro

(01:14) Shift in economic theories

(07:16) Influence of economic theories on practice

(10:10) Acemoglu's contributions and skepticism

(12:09) Why Nations Fail: A Deep dive

(12:52) Sponsors: GiveWell | Weights & Biases

(15:03) Evaluating institutional theories

(23:01) Hayek's market theories in an AI world

(25:06) Debating AI and automation

(28:23) AI's Impact on employment

(29:43) Power and Progress

(30:13) Sponsors: Netsuite | Anrok | Carta

(33:11) Impact of technology on job creation

(37:20) Macroeconomic impact of AI

(42:08) Economics: Big think vs. Humble work

(46:13) Wrap

Next Episode

undefined - Progressivism: Past, Present, Future

Progressivism: Past, Present, Future

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

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📰Be notified early when Turpentine drops new publication: https://www.turpentine.co/exclusiveaccess

--

RECOMMENDED PODCAST:



🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937

Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz

YouTube: https://www.youtube.com/@ThisWontLastpodcast

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SPONSORS:

GiveWell

GiveWell spends 50,000 hours every year doing deep-dives into different charitable programs to try to find the ways to do the most good for your dollar. GiveWell has now spent over 17 years researching charitable organizations and only directs funding to a few of the HIGHEST-IMPACT opportunities they’ve found. Visit https://www.givewell.org to find out more or make a donation. Select PODCAST and enter Econ 102 at checkout to make sure they know you heard about them from us.

Weights & Biases

Weights & Biases Weave is a lightweight AI developer toolkit designed to simplify your LLM app development. With Weave, you can trace and debug input, metadata and output with just 2 lines of code. Make real progress on your LLM development and visit the following link to get started with Weave today: https://wandb.me/cr

ANROK is the enterprise-grade solution that automates sales tax compliance worldwide. Anrok tracks your exposure, calculates tax, and handles filings—all in one platform. Trusted by Notion, Anthropic, and Vanta. Visit https://www.anrok.com/turpentine to claim your free nexus study and take control of your SaaS tax strategy.

📝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 https://www.notion.com/product/ai?utm_source=podcasts&utm_medium=upstreampod

--

SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected]

--

FOLLOW ON X:

@noahpinion

@eriktorenberg

@turpentinemedia

--

LINKS:

Noahpinion: https://www.noahpinion.blog/

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