Noah Smith and Erik Torenberg discuss the rise in pseudoscience, the “administrification” in America, the trillion-dollar non-profit sector, and more. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join: https://www.daffy.org/econ102 –  Sponsors: GIVEWELL | DAFFY | NETSUITE Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout. Daffy is the most modern and accessible donor-advised fund, making it easier to put money aside for charity. You can make your tax-deductible contributions all at once or set aside a little each week or month. And you don’t just have to donate cash, you can easily contribute stocks, ETFs, or crypto. Plus, you never have to track receipts from your donations again. It’s free to get started and Econ 102 listeners get $25 towards the charity of their choice. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join Daffy https://www.daffy.org/econ102 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist. –  Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co –  RECOMMENDED PODCAST: LIVE PLAYERS Join host Samo Burja and Erik Torenberg as they analyze the mindsets of today’s most intriguing business leaders, investors, and innovators through the lens of their bold actions and contrarian worldviews. You’ll come away with a deeper understanding of the development of technology, business, political power, culture and more. LIsten and subscribe everywhere you get your podcasts: https://link.chtbl.com/liveplayers. – LINKS: Noahpinion on Substack: https://www.noahpinion.blog/ “Politicized science inevitably tends toward pseudoscience” –  https://www.noahpinion.blog/p/politicized-science-inevitably-tends ‘The Diamond Age’ by Neal Stephenson: https://www.amazon.com/Diamond-Age-Illustrated-Primer-Spectra/dp/0553380966 “Nobody says hi in San Francisco” – https://www.noahpinion.blog/p/nobody-says-hi-in-san-francisco ‘Mau-Mauing the Flak Catchers’ an essay by Tom Wolfe – https://en.wikipedia.org/wiki/Radical_Chic_%26_Mau-Mauing_the_Flak_Catchers – RECOMMENDED PODCAST: Odd Lots is a Bloomberg podcast hosted by Joe Weisenthal and Tracy Alloway. Each week they speak with the perfect guest to explore the most interesting topics in finance, markets and economics. https://www.bloomberg.com/oddlots – X / TWITTER: @noahpinion (Noah) @eriktorenberg (Erik) – Timestamps (00:00) Episode Preview (01:21) New Release Day (01:35) Q&As (02:43) The politicization of science (16:51) SPONSORS: GIVEWELL & DAFFY (18:17) Is Academia Primarily Left? (21:58) The Administrator Boom (25:59) SPONSORS: NETSUITE & ODD LOTS (29:13) The Trillion Dollar Non-profit sector (31:06) Special Interest Groups (32:42) Nonprofit vs Government (43:24) Politicians on Nonprofits (46:23) Global productivity slowdown (53:09) Charter Schools (55:17) Accelerating those at the bottom (59:24) A.I. Tutors