I loved it. I subscribe to Hasan’s YouTube page and that’s how I found out you had a Substack. (I thought you went into hiding after the NYT.) I honestly wish there was more conversational content with you out there. I see mostly small clips of you on YouTube. You have intelligible insights, which I get through reading your writing, but it’s nice to get it in larger doses through interviews like these.
Such a treat to watch someone who knows so much, who is not afraid to take on any question, and who can speak in intelligible terms for people who just want to know stuff. Great interview questions also. Twelve stars!
My health insurance through the ACA marketplace is set to increase to $12,000 next year just to insure me. Not only is that ridiculous but I literally can no longer afford health care in my own country and I’m being barred from traveling to another country where I might afford treatment, while being diagnosed with yet another condition. Nice, huh? 😳🙄😕
They won’t reissue my passport despite the fact that they know I work as a consultant overseas. It’s cruelty masked as enforcement because I don’t pay fealty to a lying felon.
why is it a finite world? the sun is providing 10^19 killo jouls of energy everyday, which gets converted into plant growth and heat. entire human population consumes 10^15 kJ per day. hence , earth is getting enriched by sun light everyday...
It's not something that you or I will ever have to worry about (it'll be billions of years before anything drastic happens), but the sun's energy supply is not infinite. And without the sun, that's that for the earth as well.
What I meant is that Earth isn’t ‘finite’ in the sense that we are limited only to the physical resources already on the planet. We continuously receive an enormous flow of energy from the sun. That means human living standards are not bounded by the planet’s initial resource stock. Just look at how much more solar energy we harness today compared to 20 years ago. Ultimately, energy availability which drives productivity and living standards is expanding with knowledge, technology, and our willingness to cooperate with each other. Our real limits are intellectual, not physical resources.
Economist have some quick responses here but tend to ignore some important critiques like Georgescu-Roegen and his response to Solow. And we (I say this as an economist) keep our time horizons short where we can start to imagine substitutions in production, for example, taking place. But what of the next 500 years? 5000? 50,000? We don't go there, we can't really.
I loved it. I subscribe to Hasan’s YouTube page and that’s how I found out you had a Substack. (I thought you went into hiding after the NYT.) I honestly wish there was more conversational content with you out there. I see mostly small clips of you on YouTube. You have intelligible insights, which I get through reading your writing, but it’s nice to get it in larger doses through interviews like these.
Such a treat to watch someone who knows so much, who is not afraid to take on any question, and who can speak in intelligible terms for people who just want to know stuff. Great interview questions also. Twelve stars!
You did great!
Your calm bemusement, deep knowledge and supple intelligence kept you apace with Hasan's hyperactive curiosity and wacky interviewing style.
Plus, very interesting and informative, as always!
This was definitely worth watching but I must say it really annoys me when people interrupt Dr. Krugman.
That and the insufferable ads.
Compulsive head nodding and horrible ads -- but Worth It!!!
Good yes, but cannot hold a candle to your interview on tariffs with Colbert's producer's mom: https://www.youtube.com/watch?v=NlG-UGUpcbw
Far too many ads. Your typical conversations are uninterrupted. I recognize this is because it's on "free" YouTube but it's annoying af!
You can skip the commercials or at least I was able to.
possibly if you view it directly in YouTube, but if you view it on Substack, as is my habit, I found I could not skip them.
My health insurance through the ACA marketplace is set to increase to $12,000 next year just to insure me. Not only is that ridiculous but I literally can no longer afford health care in my own country and I’m being barred from traveling to another country where I might afford treatment, while being diagnosed with yet another condition. Nice, huh? 😳🙄😕
So sorry you are going through this. Truly unbelievable that callous congress wont do their homework to understand the pain they are inflicting.
Why are you barred from travelling?
They won’t reissue my passport despite the fact that they know I work as a consultant overseas. It’s cruelty masked as enforcement because I don’t pay fealty to a lying felon.
why is it a finite world? the sun is providing 10^19 killo jouls of energy everyday, which gets converted into plant growth and heat. entire human population consumes 10^15 kJ per day. hence , earth is getting enriched by sun light everyday...
It's not something that you or I will ever have to worry about (it'll be billions of years before anything drastic happens), but the sun's energy supply is not infinite. And without the sun, that's that for the earth as well.
Hence, it's a finite world.
What I meant is that Earth isn’t ‘finite’ in the sense that we are limited only to the physical resources already on the planet. We continuously receive an enormous flow of energy from the sun. That means human living standards are not bounded by the planet’s initial resource stock. Just look at how much more solar energy we harness today compared to 20 years ago. Ultimately, energy availability which drives productivity and living standards is expanding with knowledge, technology, and our willingness to cooperate with each other. Our real limits are intellectual, not physical resources.
Economist have some quick responses here but tend to ignore some important critiques like Georgescu-Roegen and his response to Solow. And we (I say this as an economist) keep our time horizons short where we can start to imagine substitutions in production, for example, taking place. But what of the next 500 years? 5000? 50,000? We don't go there, we can't really.
This looks good and I will listen to it later
He’s been posting excerpts on TikTok too, so you’re getting big exposure. Don’t be shocked if young people recognize you in the wild now.
I read that Hitler's stock market did fine until he started losing the war.
As did the German Christmas tree market.
Top quote on YouTube: “the economist who kept interrupting the ads seemed to be an interesting guy”
Great interview. Do not like support of Whole Foods as a sponsor.
This is a spectacular interview. Love it!
Very illuminating. Thank you.
I enjoyed this. Thank you!
Excellent!
Or, I should really say, F****** EXCELLENT!