In episode 2, Noah Smith and Erik Torenberg track the fracturing of the Libertarian movement, the culture wars, and which ideas deserve not to die. Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co RECOMMENDED PODCAST: Turpentine VC: Delve deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Subscribe to listen on the platform of your choice: https://link.chtbl.com/TurpentineVC TIMESTAMPS: (00:00) Episode preview (12:54) Why did Libertarians lose? (15:00) Free trade failure in the 2000s (19:00) Libertarians jumping on the Trump train (19:45) Evolution to state-capacity libertarian (22:00) Culture wars vs. getting the economics right (27:30) Effect of money on politics (29:00) Urban fragmentation: San Francisco and New York (30:30) Hot take: Gavin Newsom underrated (37:00) How the right soured on the free markets and became became statist (39:00) Can a 'reset' work (40:20) Which ideas deserve not to die? SPONSOR THIS PODCAST: We're looking for sponsors to partner with on this show. If you or your business might be interested, send us a note at [email protected]. Find out more here: https://www.turpentine.co/sponsors LINKS MENTIONED: Where Does Libertarianism Go From Here? https://www.noahpinion.blog/p/where-does-libertarianism-go-from Tyler Cowen, State-Capacity Libertarianism https://marginalrevolution.com/marginalrevolution/2020/01/what-libertarianism-has-become-and-will-become-state-capacity-libertarianism.html TWITTER: @noahpinion (Noah) @eriktorenberg (Erik) SPONSOR: NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/turpentine and defer payments of a FULL NetSuite implementation for six months.