Episode 2276: Byrne Hobart on Booms, Bubbles and the End of 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.
Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
Bethanne's Best Books of 2025: Where Fact & Fiction Blur
2025 as the New 1925: Will Crypto be Trump's Teapot Dome Scandal?
Ray Suarez on 2025: America's Last Idealist Looks Back at a "Jaw-Dropping" Year
Hollywood's Last Dance: Time Warner and the Death of the American Dream Machine
Big Brother Down Under: Is it 1984 Already in Australia?
Mount Rushmore: America's Most Monumental Contradiction
George Packer's Emergency: When Facts Fail, Turn to Fiction
How 9/11 Broke the News, Both Then and Now: CNN's Finest Hour Was Also Its Last
An Anglo-American Way of Troublemaking: The Fierce, Unruly Life of Jessica Mitford
How Capitalism Can Save Capitalism: The Case for Stakeholder Capitalism
2% of Americans are Homeless: America's Most Shameful Open Secret
A Code RED For Humanity: Forget 80/20 - the 95/5 Rule of our AI Age
Why "Progress" is Ruling Class Propaganda: The Dangerous Idea that Built Civilization and is Now Destroying it