Sign up to get updates from us
We're excited to introduce Upstream listeners to Econ 102 from Turpentine. In episode 1, Noah Smith and Erik Torenberg discuss the highs and lows of Biden's first term, Biden's policies in comparison to previous presidents and other leaders, as well as China - its real estate sector, industrial and manufacturing industries, and its views on tech.
We're excited to introduce Upstream listeners to Econ 102 from Turpentine. In episode 1, Noah Smith and Erik Torenberg discuss the highs and lows of Biden's first term, Biden's policies in comparison to previous presidents and other leaders, as well as China - its real estate sector, industrial and manufacturing industries, and its views on tech. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/UPSTREAM
Subscribe to Econ 102 at the podcast platform of your choice: https://link.chtbl.com/Econ102
Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co
RECOMMENDED PODCAST:
Founding a business is just the tip of the iceberg; the real complexity comes with scaling it. On 1 to 1000, hosts Jack Altman and Erik Torenberg dig deep into the inevitable twists and turns operators encounter along the journey of turning an idea into a business. Hear all about the tactical challenges of scaling from the people that built up the world’s leading companies like Stripe, Ramp, and Lattice. Our first episode with Eric Glyman of Ramp is out now: https://link.chtbl.com/1to1000
TIMESTAMPS:
(00:00) Episode Preview
(01:54) Overview of Biden's first term
(03:08) The most important thing Biden's done
(12:35) What are the chances of Trump returning?
(14:03) In the 1970s once again
(14:50) Sponsor: NetSuite
(17:26) Noah's ideal foreign policy
(17:46) Japan's importance in foreign policy
(19:29) Main foreign policy concerns in the next cycle
(20:46) The ideal containment strategy
(22:05) China
(26:23) Getting to 1 billion Americans as a foreign policy measure
(27:24) Real estate in China
(31:02) Comparing and contrasting Chinese and American industrial policy
(38:05) China's stomp on the IT industry to encourage manufacturing
(39:15)The difference in Chinese and American views of manufacturing
(43:18) Revitalizing American manufacturing
(47:16) The services industry
(49:09) A shortage of human truckers
LINKS MENTIONED:
Real Estate is China's Economic Achilles Heel: https://www.noahpinion.blog/p/real-estate-is-chinas-economic-achilles
Why is China Smashing its Tech Industry: https://www.noahpinion.blog/p/why-is-china-smashing-its-tech-industry
Noah Smith's newsletter: https://www.noahpinion.blog/
Erik Torenberg's newsletter: https://eriktorenberg.substack.com/
TWITTER:
@noahpinion (Noah)
@eriktorenberg (Erik)
SPONSOR:
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/upstream and defer payments of a FULL NetSuite implementation for six months.
