Biden's New Tax Plan, Algorithmic Pricing, and Noah's Media Diet
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This week on Econ 102, Noah Smith and Erik Torenberg discuss the pros and cons of Biden's tax plan based on Noah's recent essay. They also answered listener questions on the German economy's success, Japan's government debt management, and strategies for staying well-informed on economic issues.

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SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected])

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LINKS:

Noahpinion: Biden is Right https://www.noahpinion.blog/p/biden-is-right-that-we-need-to-raise)

Noahpinion: https://www.noahpinion.blog/)

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TIMESTAMPS:

(00:00) Intro

(00:51) Biden's Tax Plan: A Critical Analysis

(10:45) Argument for and Against Tax Increases

(15:41) Sponsor: Beehiiv

(16:57) Exploring Capital Gains and Inheritance Taxes

(23:07) Impact of Inherited Wealth and Productivity

(28:17) Potential Impact of Taxing Unrealized Gains

(30:02) Sponsor: Harmonic

(31:08) Progressive Wage Subsidies vs. UBI

(33:12) Political Activism: Then and Now

(43:21) Germany's Success in Manufacturing

(45:35) Japan's Government Debt and Deflation

(47:45) Discrepancy between S&P 500 Growth Rate and GDP Growth Rate

(50:42) Effects of Algorithmic Pricing on Competition

(53:45) Noah's News Consumption

(56:36) Wrap