Adam Posen

speaker

1,220 appearances 2 recordings 1 series first heard Aug 2025 last heard 1 Sep

Adam Posen’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Sep 2026 with 1.

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Odd Lots · Adam Posen on a Surreal Jackson Hole in a Post-American World · 26 Aug 2025 podcast

So that's where I think it comes from, but I just want to emphasize what you said at the start.

And that's part of the point my article's trying to make.

There's a very clear list of benefits the US had by running the system and by had a good business model.

It was a profitable business model providing insurance.

And like you said, if you're providing insurance for some people, that lets commerce expand and it lets other people free ride.

And that's a good thing that they free ride.

And because then you get more commerce and more taxes and more livelihood and better off people.

And additionally, one thing where the analogy

Breaks down, it's even more favorable for the US because you know, if your Chubb or Liberty Mutual or State Farm Insurance.

You don't really have a big effect on the extent of risks out there by how much insurance you give.

But if you're the US and you say, I'm gonna guarantee your security.

You actually do reduce the risks that are out there.

And

that means you're collecting the same premiums and paying out less.

I think there is a case to be made in the national security sphere, more narrowly defined, that the US

may have overextended or needs to prioritize.

And there is a set of foreign policy thinkers out there talking about this issue.

I still don't think that's quite right because actually deterrence and protection kinda like you said before, there's an umbrella effect.

But let's say that the national security part.

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