No, poor people aren’t funding your credit card rewards
In this episode, Patrick McKenzie (patio11) challenges a recent Atlantic article claiming that low-income cardholders subsidize credit card rewards through high interest payments. Drawing from his Bit...
27 Maalis 20251h 6min
Points, profits, and packed planes, with Gary Leff
Patrick McKenzie (patio11) is joined by Gary Leff, the author of "View from the Wing", to discuss the economic systems behind airlines and loyalty programs. They discuss how airlines manage to stay pr...
20 Maalis 20251h 31min
Tax the dirt, with Lars Doucet & Greg Miller
Patrick McKenzie (patio11) is joined by Lars Doucet and Greg Miller, co-founders who have just launched the Center for Land Economics, to discuss improving property taxation in the US. They explore ho...
13 Maalis 20251h 17min
A tale of two Americas in one $50K cash withdrawal
Patrick McKenzie (patio11) explains the standard procedure for large withdrawals in bank branches, with particular focus on the viral story published in The Cut about a woman who withdrew $50,000 cash...
6 Maalis 202541min
AI, data centers, and power economics, with Azeem Azhar
Patrick McKenzie (patio11) is joined by Azeem Azhar, writer of the Exponential View newsletter, to discuss the massive data center buildout powering AI and its implications for our energy infrastructu...
27 Helmi 20251h 13min
You can’t retract the facts
In this episode, Patrick McKenzie (@patio11) responds to a recent request by a crypto unicorn founder / bank CEO to retract his essay Debanking (and debunking?). Come for the note about editorial stan...
20 Helmi 202542min
Stablecoins and shenanigans, with Zeke Faux
In this episode, Patrick McKenzie (@patio11) is joined by Zeke Faux, investigative reporter at Bloomberg and author of Number Go Up, to discuss stablecoins and crypto fraud. They dive into Tether's co...
13 Helmi 20251h 27min
Power plays: grid economics and engineering, with Travis Dauwalter
Patrick McKenzie (@patio11) is joined by Travis Dauwalter, energy enthusiast (and PhD), to explain the systems we often take for granted behind the US electrical grid. The conversation covers how the ...
6 Helmi 20251h 13min
