Is Trump an Economic Despot? (with Daron Acemoglu)

What comes first, a prosperous economy or stable democratic institutions? Nobel Prize-winning economist and MIT professor Daron Acemoglu joins Preet to discuss the economic stakes of shifting institutional norms in the U.S. He weighs in on President Trump’s decision to fire key personnel at the Federal Reserve and Bureau of Labor Statistics, as well as the announcement that the government will take a roughly 10% equity stake in Intel.  Then, Preet answers a question about the latest developments in the Kilmar Abrego Garcia deportation case and discusses Governor Gavin Newsom’s recent social media posts. In the bonus for Insiders, Acemoglu discusses what people often overlook when comparing the Industrial Revolution to the AI revolution.  Join the CAFE Insider community to stay informed without hysteria, fear-mongering, or rage-baiting. Head to cafe.com/insider to sign up. Thank you for supporting our work. Show notes and a transcript of the episode are available on our website.  You can now watch this episode! Head to CAFE’s Youtube channel and subscribe. Have a question for Preet? Ask @PreetBharara on BlueSky, or Twitter with the hashtag #AskPreet. Email us at [email protected], or call 833-997-7338 to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices