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Episode 2276: Byrne Hobart on Booms, Bubbles and the End of Stagnation

How to reinvigorate innovation in times of economic stagnation

There is a counter intuitive school of thought - represented by Tyler Cowen, Peter Thiel and Marc Andreessen - which suggests that America, for all its technological innovation, remains trapped by long term economic stagnation. So it’s no coincidence that the Austin based investor, consultant, and writer, Byrne Hobart’s co-authored new book, Boom, comes with enthusiastic blurbs from Cowen, Thiel and Andreessen. If we are to escape our current stagnation, Hobart explained to me when we met in Austin, then we might welcome economic bubbles such as our current AI craze. To get to a boom, he even seems to suggest, borrowing from the ideas of the great economic historian Carlotta Perez, we may even need to celebrate bubbles.


Byrne Hobart is an investor, consultant, and writer. He is the author of The Diff, a daily newsletter covering inflection points in finance and technology. He is also a founding partner at Anomaly, a frontier tech investment firm.


Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.

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Keen On
Keen On
Nobody asks sharper or more impertinent questions than Andrew Keen. In KEEN ON, Andrew cross-examines the world’s smartest people on politics, economics, history, the environment, and tech. If you want to make sense of our complex world, check out the daily questions and the answers on KEEN ON.
Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best-known technology and politics broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running show How To Fix Democracy and the author of four critically acclaimed books about the future, including the international bestselling CULT OF THE AMATEUR.
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