california economy

In the 1980s, California was the heart of the aerospace industry. But when the Cold War ended, military spending cuts put those defense jobs in jeopardy.

This week, we're bringing you a three-part series on the defense industry. In this episode: how the state redirected some of those defense dollars to another economic opportunity provides an example of how the "peace dividend" can be used effectively.

Related episodes:
Are we overpaying for military equipment? (Apple / Spotify)

Can Just-In-Time handle a new era of war? (Apple / Spotify)

Industrial policy, the debate! (Apple / Spotify)

Giant vacuums and other government climate bets (Apple / Spotify)

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0:00 The gang recap their summers

6:43 Is California collapsing? Why or why not? Has the one-party system failed?

14:05 Understanding the bureaucratic side of California's problem

20:37 AB-5 & the working rights of freelancers

27:11 How would AB-5 passing impact Uber & Lyft's long-term profitability & consumer experience, could franchising fix this?

34:45 California lagging in police reform, what tactical steps could be taken to stop deadly policing

46:13 Chamath on the most important economic event of the last decade & why he is now bullish on the market

50:46 Why technology companies should be going public sooner, how SPACs are allowing retail investors access to growth stocks

1:01:23 Election talk - who is in the lead ahead of the first debate?

1:12:21 Bestie recommendations