How International Development Works

Published: Feb. 14, 2024, 8 a.m.

b'This week Noah Smith and Erik Torenberg sit down to deconstruct several economic theories dealing with developing nations, export oriented manufacturing, the roles of engineers across the world, and more. If you\\u2019re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.\\nHe rebuttals arguments made by Turkish economist Dani Rodrik relating to on manufacturing, automation, employment, and more.\\n\\n-\\nRECOMMENDED PODCAST: History 102 with WhatifAltHist\\n\\nEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.\\n\\nSubscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm\\nApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913\\nYouTube: https://www.youtube.com/@History102-qg5oj\\n\\n_\\n\\nCheck out Erik\'s new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don\\u2019t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity\\n* Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks\\n* Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822\\n* Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv\\n\\n_\\n\\n\\u2795 We\'re hiring across the board at Turpentine and for Erik\'s personal team on other projects he\'s incubating. He\'s hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.\\n\\nSponsors: NETSUITE\\n\\U0001f4ab NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you\\u2019re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.\\n\\n\\u2013\\n\\n\\U0001f4c8Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co\\n\\n\\u2013\\n\\n\\u270d\\ufe0f LINKS:\\n- Noahpinion "The Developing Country Industrialization series" on Substack: https://www.noahpinion.blog/p/the-developing-country-industrialization\\n- Thread on the economy: https://twitter.com/RealEJAntoni/status/1753450904840286367?s=20\\n- EJ Antoni\'s "Why the Unemployment Rate Is Much Higher Than It Seems" : https://www.heritage.org/jobs-and-labor/commentary/why-the-unemployment-rate-much-higher-it-seems\\n\\n\\u2013\\n\\nX / TWITTER:\\n@eriktorenberg (Erik)\\n@noahpinion (Noah)\\n@Econ102_Podcast (Econ 102)\\n@TurpentineMedia (Turpentine)\\n\\n\\u2013\\n\\nTIMESTAMPS\\n(00:20) Episode Preview\\n(02:12) Debunking economic myths\\n(03:03) Unemployment rates\\n(04:56) Alternative labor market indicators\\n(06:40) Misconceptions about inflation\\n(09:33) Understanding borrowing and debt\\n(12:10) SPONSOR: NETSUITE\\n(17:28) The possibility of economic collapse\\n(21:34) International development strategies\\n(26:11) Bangladesh\\u2019s need for electronics manufacturing\\n(30:27) Dani Rodrik\'s views on manufacturing\\n(36:15) The impact of automation on manufacturing\\n(39:19) The role of engineers in manufacturing\\n(43:25) Future of manufacturing in developing countries\\n\\nThis show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture \\u2014 all from the perspective of industry insiders and experts. We\\u2019re launching new shows every week, and we\\u2019re looking for industry-leading sponsors \\u2014 if you think that might be you and your company, email us at erik@turpentine.co.'