Paul Kedrosky
speaker
1,259 appearances
4 recordings
2 series
first heard Apr 2026
last heard 6d ago
Paul Kedrosky’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 — 4 in all, peaking in Sep 2026 with 1.
Appearances
And so this is the problem.
And again, it's this sort of naive argumentation, not to mention the old Keynes line that
It may be great in the long run, but in the long run we're also all dead.
So it really depends on your time horizon.
And I find it, honestly, in the face of the kinds of consequential changes in the US economy, I find it a very glib style of argumentation where you're essentially patting people on the head and saying, don't worry your pretty little head, this will all work out because it always has.
And they're arguing from a data set sample size of five, which we wouldn't launch a drug on that basis.
This is the Andreessonian argument that there's no point in introspection.
It's just a really bad idea.
Right.
Well, I think about these things.
It'll all sort itself out.
But I also think there's a deeper issue.
And we may have talked about this before, but the idea, a lot of people treat as an article of faith, Carlotta Perez's book, Technological Revolutions and Financial Capital.
And one of the things that they quote, take away from that, which I'm not convinced they do.
I think they only look at the pictures.
But anyways, one of the things they take away from her book and her work and other people's work with respect to these violent technological revolutions is the idea that it really doesn't matter because it always works out.
Here's the difference, though.
In past episodes, we didn't tell ourselves that.
So there's an element of reflexivity going on here because once you know the plot—
and you act as if the plot is somehow F equals MA, it's a law of physics, then the whole game changes because now you're acting as if it doesn't matter what I do because you think it doesn't matter what you do because you've got this idea in your head as an article of faith that it always works out.
Showing 661–680 of 1,259 · page 34 of 63
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