Andrew Prokop
speaker
268 appearances
9 recordings
1 series
first heard Jan 2025
last heard 15 Sep
Andrew Prokop’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Sep 2026 with 1.
Appearances
It cost them money to respond to it, but...
It wasn't a crisis from this point of view.
Everyone's warning that it could be a crisis, but it hasn't happened yet.
So generally, the political system, they think back to the pandemic.
Hypothetical warnings aren't very effective at spurring action very often.
No, no.
They're hoping that AI will maybe kill some people and that that will catch people's attention and then will swing into action to stop it from killing all the rest of the people.
So, yeah, that's the optimistic scenario.
So I think to understand what changed here, we have to go back to how economists gained this special status in the first place.
They rise to prominence and politicians view them as useful and important when it seems that their ideas and their knowledge is useful at solving political and policy problems.
So back in the 1930s, the Keynesians, they managed to help guide us out of the Great Depression and then to basically shape the post-war world.
The Keynesian economists...
advocated increased government spending and intervention as a way to get the country out of that recession.
And they helped President Roosevelt, in his view, solve the problem that the country was facing.
Decades later, in the 1970s, the Keynesians' ideas were struggling with the challenges the country was facing then.
High inflation, high unemployment.
So we got a new class of economic economist advisors who rose, the neoliberals.
They argued that it was often the case that government was getting in the way of economic growth and prosperity and that the solution was often for government to do less, to deregulate, to cut taxes.
So the neoliberals seem to really have cracked the code for a while.
Politicians in both parties really did kind of gravitate towards this analysis, which seemed to be effective to many in producing economic prosperity throughout, you know, the Reagan administration.
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