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Lex Fridman

Paul Krugman: Economics of Innovation, Automation, Safety Nets & UBI | Lex Fridman Podcast #67

By Advanced AI EditorJune 2, 2025No Comments1 Min Read
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Paul Krugman is a Nobel Prize winner in economics, professor at CUNY, and columnist at the New York Times. His academic work centers around international economics, economic geography, liquidity traps, and currency crises.

This episode is presented by Cash App. Download it & use code “LexPodcast”:
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Arguing with Zombies (book):

OUTLINE:
0:00 – Introduction
3:44 – Utopia from an economics perspective
4:51 – Competition
6:33 – Well-informed citizen
7:52 – Disagreements in economics
9:57 – Metrics of outcomes
13:00 – Safety nets
15:54 – Invisible hand of the market
21:43 – Regulation of tech sector
22:48 – Automation
25:51 – Metric of productivity
30:35 – Interaction of the economy and politics
33:48 – Universal basic income
36:40 – Divisiveness of political discourse
42:53 – Economic theories
52:25 – Starting a system on Mars from scratch
55:11 – International trade
59:08 – Writing in a time of radicalization and Twitter mobs

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