Byrne Hobart (@ByrneHobart), creator of The Diff (diff.substack.com), joins Erik on this episode.

They discuss:

- The fox/hedgehog dichotomy
- Is it better to be a specialist or generalist?
- Do institutions drift leftward over time?
- How will the culture war evolve over time?
- How are financial bubbles created?
- What we can learn from financial bubbles?
- The future of K-12 and higher education
- The future of identity and anonymity
- Why filter bubbles are good
- The future of journalism
- Why we’re polarized
- What should be the role of government and Wall Street?
- The value of social capital and how to think about it
- Are financial bubbles necessary
- The tyranny of the long generation

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