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Paul Krugman: Economics of Innovation, Automation, Safety Nets & UBI | Lex Fridman Podcast #67

Paul Krugman is a Nobel Prize winner in economics, professor at CUNY, and columnist at the New York Times. His academic work centers around international economics, economic geography, liquidity traps, and currency crises. This episode is presented by Cash App. Download it & use code "LexPodcast": Cash App (App Store): https://apple.co/2sPrUHe Cash App (Google Play): https://bit.ly/2MlvP5w PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ Full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 Clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41 EPISODE LINKS: Paul Twitter: https://twitter.com/paulkrugman NY Times: https://www.nytimes.com/column/paul-krugman Arguing with Zombies (book): https://amzn.to/2RBZoSb OUTLINE: 0:00 - Introduction 3:44 - Utopia from an economics perspective 4:51 - Competition 6:33 - Well-informed citizen 7:52 - Disagreements in economics 9:57 - Metrics of outcomes 13:00 - Safety nets 15:54 - Invisible hand of the market 21:43 - Regulation of tech sector 22:48 - Automation 25:51 - Metric of productivity 30:35 - Interaction of the economy and politics 33:48 - Universal basic income 36:40 - Divisiveness of political discourse 42:53 - Economic theories 52:25 - Starting a system on Mars from scratch 55:11 - International trade 59:08 - Writing in a time of radicalization and Twitter mobs CONNECT: - Subscribe to this YouTube channel - Twitter: https://twitter.com/lexfridman - LinkedIn: https://www.linkedin.com/in/lexfridman - Facebook: https://www.facebook.com/LexFridmanPage - Instagram: https://www.instagram.com/lexfridman - Medium: https://medium.com/@lexfridman - Support on Patreon: https://www.patreon.com/lexfridman

Lex FridmanhostPaul Krugmanguest
Jan 21, 20201h 3mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 3:44

    Introduction

  2. 3:44 – 4:51

    Utopia from an economics perspective

  3. 4:51 – 6:33

    Competition

  4. 6:33 – 7:52

    Well-informed citizen

  5. 7:52 – 9:57

    Disagreements in economics

  6. 9:57 – 13:00

    Metrics of outcomes

  7. 13:00 – 15:54

    Safety nets

  8. 15:54 – 21:43

    Invisible hand of the market

  9. 21:43 – 22:48

    Regulation of tech sector

  10. 22:48 – 25:51

    Automation

  11. 25:51 – 30:35

    Metric of productivity

  12. 30:35 – 33:48

    Interaction of the economy and politics

  13. 33:48 – 36:40

    Universal basic income

  14. 36:40 – 42:53

    Divisiveness of political discourse

  15. 42:53 – 52:25

    Economic theories

  16. 52:25 – 55:11

    Starting a system on Mars from scratch

  17. 55:11 – 59:08

    International trade

  18. 59:08 – 1:03:12

    Writing in a time of radicalization and Twitter mobs

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