WEBVTT - The Ordinary Stuff Behind Technological Breakthroughs

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<v Speaker 1>Pushkin. It's easy to think that technology is just about ideas, words, numbers, math, algorithms,

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<v Speaker 1>But of course technology is and always has been, about stuff,

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<v Speaker 1>and in particular, it's about combining ideas with that stuff.

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<v Speaker 1>It's about figuring out how to use copper to send

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<v Speaker 1>electricity around the world, how to turn sand into glass

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<v Speaker 1>and cement and chips. It's about coming up with clever

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<v Speaker 1>ways to make cheap steel so that we can build

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<v Speaker 1>basically anything we want. And looking at technology and the

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<v Speaker 1>history of technology through the lens of those essential materials

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<v Speaker 1>of that stuff turns out to be a really interesting

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<v Speaker 1>and surprisingly useful way of thinking about the world. I'm

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<v Speaker 1>Jacob Goldstein, and this is what's your problem. My guest

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<v Speaker 1>today is Ed Conway. He's an economics journalist and he

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<v Speaker 1>wrote a book called Material World, The Six raw Materials

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<v Speaker 1>that shape Modern Civilization. I talked to Ed about three

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<v Speaker 1>of the six materials. We talked about iron, because the

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<v Speaker 1>story of iron really is the story of the industrial revolution,

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<v Speaker 1>and for that matter, the story of the wealth and

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<v Speaker 1>poverty of nations around the world today. We also talked

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<v Speaker 1>about copper, which is of course the story of electricity

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<v Speaker 1>and the energy transition we're going through now. But copper

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<v Speaker 1>is also a story about humanity's ability to be very

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<v Speaker 1>clever in getting the thing that we need, even when

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<v Speaker 1>it seems like we're going to run out of that thing.

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<v Speaker 1>So those two materials, copper and iron, they are the

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<v Speaker 1>second part of the show. In the first part of

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<v Speaker 1>the show, Ed and I talked about sand, sand, which

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<v Speaker 1>after reading Ed's book, I have come to think is

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<v Speaker 1>a highly underrated material. Sand, of course, is essential for

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<v Speaker 1>making chips and making cement, both of which we have

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<v Speaker 1>covered on other episodes of this show. So Ed and

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<v Speaker 1>I focused on another material made out of sand, glass,

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<v Speaker 1>And as Ed explains, glass really was central to the

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<v Speaker 1>emergence of the modern world starting around the sixteenth century

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<v Speaker 1>the Venetians.

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<v Speaker 2>That was really the first moment where they were able

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<v Speaker 2>to create a truly clear, perfect type of glass, of

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<v Speaker 2>the type that we could recognize these days. Roman glass

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<v Speaker 2>was often beautiful, but it was a bit cloudy. The

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<v Speaker 2>Venetians really mastered it, and part of the trick to

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<v Speaker 2>that was obviously expertise and bringing in people who knew

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<v Speaker 2>how to do it. And they were based on this island,

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<v Speaker 2>the island of Murano, which is.

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<v Speaker 3>Just an off Venis.

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<v Speaker 2>They were forbidden to leave so that there was this

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<v Speaker 2>in the same way that people making silicon chips in

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<v Speaker 2>Taiwan these days are not allowed to go to China.

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<v Speaker 3>It was a same thing with morano.

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<v Speaker 1>And it's like like a trade secret basically, like the

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<v Speaker 1>Venetians are traders. This is like a competitive advantage essentially

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<v Speaker 1>a technological advantage they have and they're logging it down exactly.

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<v Speaker 2>It's really analogous to what, you know, what we have

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<v Speaker 2>these days with silicon check, I mean silicon technology as well.

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<v Speaker 3>That's also sad.

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<v Speaker 2>They cracked it, and partly they cracked it because they

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<v Speaker 2>found a really good source of sand. Actually it's little

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<v Speaker 2>quartz chips that they found in the rivers just kind

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<v Speaker 2>of on the Swiss Italian border, and because they cracked it.

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<v Speaker 2>You know, if you look back, like one of my

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<v Speaker 2>favorite kind of stories, it's kind of theory, but to

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<v Speaker 2>me it's a really compelling theory, is that the Renaissance,

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<v Speaker 2>you know, there's great flowering of artistic kind of ability and.

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<v Speaker 3>Where painters discovered how to use perspective.

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<v Speaker 2>You know, there's this moment where it goes from being

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<v Speaker 2>really two D kind of Giotto, medieval style paintings of

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<v Speaker 2>Christ and all of these different kind of icons to

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<v Speaker 2>being something that's three D and something's more recognizable as

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<v Speaker 2>a painting of the Renaissance. The prevailing theory is basically

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<v Speaker 2>what happened there, There was just this moment dawning realization,

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<v Speaker 2>and people worked out how to do perspective. And it's

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<v Speaker 2>this enlightenment to me, a much more compelling explanation.

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<v Speaker 3>It's one that David Hockney and a few other theorists

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<v Speaker 3>have posited.

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<v Speaker 1>David Harckney the artist, David Hockney.

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<v Speaker 2>The artist has wrote a whole book on this a

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<v Speaker 2>few years ago and actually did this great documentary which

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<v Speaker 2>you can find on YouTube about this, basically saying, no,

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<v Speaker 2>what happened was they worked out how to use lenses.

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<v Speaker 2>They worked out how to make glass lenses that enabled

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<v Speaker 2>them to make camera obscurers and other different types of

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<v Speaker 2>contractions that enabled them to basically trace out the outline

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<v Speaker 2>of what was happening in a studio or in a

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<v Speaker 2>picture or whatever. And there are artifacts of this because

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<v Speaker 2>if you look at certain pictures, particularly from those early

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<v Speaker 2>kind of medieval, well early Renaissance paintings, and also some

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<v Speaker 2>from the Dutch Golden Era. You see, for instance, that

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<v Speaker 2>parts of the painting go out of focus and something

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<v Speaker 2>going focus. The human eye doesn't really go out of

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<v Speaker 2>focus in that way, but through a lens things do

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<v Speaker 2>go out of focus. And so Hockney points out, and

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<v Speaker 2>like I say, I think it's a really compelling case

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<v Speaker 2>that the places that where you had this flowering of

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<v Speaker 2>you know, enlightenments and beautiful paintings that use perspective also

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<v Speaker 2>happened to be close to the great places where glass

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<v Speaker 2>was being manufactured, so Venice, in the Netherlands, in England

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<v Speaker 2>as well to some extent, although our painting wasn't quite

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<v Speaker 2>so great, wherever there was great glass making there also

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<v Speaker 2>happened to be great enlightenment leaks forward.

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<v Speaker 1>The Renaissance is sort of following, and so you need

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<v Speaker 1>the glass to be able to make the lens, and

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<v Speaker 1>in Hockney's argument, you need the lens to project the

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<v Speaker 1>world onto a two dimensional surface. Except from that projection

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<v Speaker 1>then you can learn perspective.

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<v Speaker 2>Exactly, Then you learn perspective, and obviously in the same

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<v Speaker 2>way that you have enabling technologies throughout history. You know,

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<v Speaker 2>right now we're thinking of AI.

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<v Speaker 1>So was Leonardo t Yeah, yeah, he was.

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<v Speaker 2>He was, and so were you know, so were many

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<v Speaker 2>of these artists. And I don't think there's anything kind

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<v Speaker 2>of to be ashamed of here.

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<v Speaker 1>No, especially if you discover tracing. If you're like, wait

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<v Speaker 1>a minute, I can trace.

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<v Speaker 2>Yeah, and then suddenly it's a lot of as every

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<v Speaker 2>kid knows, it's a lot easier suddenly, And that's what

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<v Speaker 2>they were doing. But they were doing it with great

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<v Speaker 2>panashion style, and we've kind of, I think, forgotten that.

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<v Speaker 2>But there's there's a very material explanation.

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<v Speaker 1>In a similar thing. You also talk about the relationship

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<v Speaker 1>of improvements in glass technology to the scientific revolution, which was,

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<v Speaker 1>you know, around this same time.

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<v Speaker 3>Yeah.

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<v Speaker 2>Well, I mean if you look and again, I find

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<v Speaker 2>this kind of mind blowing.

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<v Speaker 1>And that one seems clearer. Again, no pun intended that one.

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<v Speaker 1>That argument seems less tenuous.

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<v Speaker 2>Yeah, well, I don't know, I don't know, I don't

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<v Speaker 2>know if it's okay, respectful.

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<v Speaker 1>How about this? That argument seems more compelling. That's a

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<v Speaker 1>nicer way of saying less tenuous.

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<v Speaker 3>It's even more compelling, isn't it. Yeah, it's even more compelling.

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<v Speaker 2>It's it's if you look at basically I think the

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<v Speaker 2>vast majority of scientific discoveries that were made in that

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<v Speaker 2>period of the great you know, the Enlightenment, the kind

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<v Speaker 2>of eighteenth nineteenth century, seventeenth some excent.

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<v Speaker 1>Even earlier, right, like Galileo, right, Like, you don't even

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<v Speaker 1>have to leave galileanly.

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<v Speaker 2>So telescope, I mean, how do we pair into space?

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<v Speaker 2>And this was all thanks to our ability to harness sand,

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<v Speaker 2>turn it into glass, and then turn it into you know,

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<v Speaker 2>kind of sand that down into beautiful lenses that enabled

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<v Speaker 2>us to see further or indeed see kind of deepest,

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<v Speaker 2>so microscopically, that was glass.

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<v Speaker 1>You don't discover the cell until you have a microscope,

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<v Speaker 1>and you don't have a microscope until you have really

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<v Speaker 1>good glass. Right. And I feel like tools, like this

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<v Speaker 1>is the story of tools, right, and tools are underrated

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<v Speaker 1>in scientific.

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<v Speaker 3>Discovery, right, like totally.

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<v Speaker 1>Once you have a telescope, then somebody is going to

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<v Speaker 1>see the moons of Jupiter. Once you have a microscope,

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<v Speaker 1>somebody is going to see a cell. The hard part

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<v Speaker 1>is getting the telescope and the microscope.

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<v Speaker 2>Yeah, and yet the thing we celebrate and understandably is

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<v Speaker 2>we celebrate the Galileos and the van Luveruk, who's one

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<v Speaker 2>of those first great people looking down into microscopes. But yeah,

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<v Speaker 2>they needed the contractions and also they needed to rely

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<v Speaker 2>on people to make really good glass for them, because

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<v Speaker 2>you could you needed really clear glass to be able

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<v Speaker 2>to peer down into this. And the funny thing I've discovered,

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<v Speaker 2>you know, looking back through that history of the Enlightenment,

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<v Speaker 2>what you kind of notice if you look through lots

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<v Speaker 2>of the stories and the accounts, is that so many

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<v Speaker 2>of the people who were scientists and renowned actually as

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<v Speaker 2>scientists for something else.

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<v Speaker 3>Michael Faraday is a really good example, you know.

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<v Speaker 1>Electoral magnets, electromagnets, basically the electricity.

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<v Speaker 2>He's the electricity guy. He was also totally obsessed with glass,

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<v Speaker 2>so he used to make his own glass. Actually one

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<v Speaker 2>of the earliest recipes for something called boris silicate glass,

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<v Speaker 2>which is like these days what we use for test

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<v Speaker 2>tubes and the vials that you get your kind of

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<v Speaker 2>vaccines and medicines in.

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<v Speaker 3>There's really hard type of glass.

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<v Speaker 1>So is that related to pyrex to the glass you

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<v Speaker 1>can put in.

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<v Speaker 2>The oven is Boris silicate glass. It's just you know,

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<v Speaker 2>the trademark. But Faraday, he I don't know if invented

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<v Speaker 2>to the right word. But he was a tinkerer with glass,

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<v Speaker 2>and he made an early form of boris silica glass

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<v Speaker 2>because everyone was doing it. And if you look back,

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<v Speaker 2>there's this great book Making of the Atomic Bomb by

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<v Speaker 2>Richard Rhodes. I was reading it after having written this book,

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<v Speaker 2>and I was struck by how many times within the

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<v Speaker 2>discovery of how to split the atom, people were waylaid

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<v Speaker 2>by getting hold of the right glass. Because you need

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<v Speaker 2>a glass within which to do your experiments, because glass

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<v Speaker 2>is very inert, obviously, and it's the inertness of glass

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<v Speaker 2>that makes it really important, you know, for doing chemical experiments,

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<v Speaker 2>for making vacuums, all of these things. So if you

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<v Speaker 2>look at pretty much I think the vast majority of

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<v Speaker 2>different scientific discoveries during the Enlightenment, and some authors did

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<v Speaker 2>a survey of here are the great discoveries, how many

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<v Speaker 2>of them depended one way or another on glass, whether

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<v Speaker 2>it's a test ubes, vacuum chambers, or indeed lenses.

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<v Speaker 3>It's the majority of them.

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<v Speaker 2>And so our scientific world is built on glass as well.

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<v Speaker 2>So we think this stuff is kind of historic. And

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<v Speaker 2>that goes by the way for even right now, because

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<v Speaker 2>there are when we're making silicon chips, and maybe we'll

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<v Speaker 2>come onto this. When you're making a lot of kind

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<v Speaker 2>of advanced equipments, you still need optics. And for great optics,

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<v Speaker 2>you still need excellent glass.

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<v Speaker 1>Well, fiber optics you talk about in the book, right right,

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<v Speaker 1>talk about fiber optics. That seems like the obvious contemporary yeah,

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<v Speaker 1>glass case.

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<v Speaker 3>You know.

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<v Speaker 2>Fiber optics I think is a really good example of

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<v Speaker 2>the underlining of our forgetting of the materiality of our world.

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<v Speaker 2>Because when people think about the Internet, I think, because

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<v Speaker 2>we have Wi Fi, just.

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<v Speaker 1>That last twenty feet is just the last twenty feet

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<v Speaker 1>that's going through the air.

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<v Speaker 2>But that's the twenty feet that we're familiar with, you know,

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<v Speaker 2>That's what we're aware of.

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<v Speaker 1>So what's the rest. What are the other I'm talking

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<v Speaker 1>to you, three thousand miles away, four thousand miles away,

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<v Speaker 1>what's going.

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<v Speaker 2>Through The majority of all of the bits that they're

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<v Speaker 2>enabling us to talk are going on fiber optics. They're

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<v Speaker 2>going on fiber optics. In our case, underneath the Atlantic Ocean,

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<v Speaker 2>there's only a teensy tiny bit where things are traveling

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<v Speaker 2>through the air. The World Wide Web is a physical

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<v Speaker 2>structure with loads of fiber optics, loads of service centers,

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<v Speaker 2>and each of those fiber optic cables is a tiny

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<v Speaker 2>little strand of glass. It's actually two types of glass,

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<v Speaker 2>kind of one inside the other. Which again, that's our world.

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<v Speaker 2>Our world depends on glass. We can't have the Internet

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<v Speaker 2>without glass. And again we forget that, we're kind of

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<v Speaker 2>encouraged to forget it.

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<v Speaker 1>Not anymore. I want to make one more stop on

0:11:38.476 --> 0:11:41.916
<v Speaker 1>glass before we move on, because it was truly surprising

0:11:41.956 --> 0:11:44.836
<v Speaker 1>to me, and I'm happy that I know it tell

0:11:44.836 --> 0:11:50.636
<v Speaker 1>me about the shortage of lenses in the UK in

0:11:50.676 --> 0:11:51.396
<v Speaker 1>World War One.

0:11:51.716 --> 0:11:53.396
<v Speaker 2>I think this is actually a great story because it

0:11:53.396 --> 0:11:56.156
<v Speaker 2>tells you quite a lot about what we're going through

0:11:56.196 --> 0:11:59.916
<v Speaker 2>right now with period of you know, de industrialization in

0:12:00.076 --> 0:12:03.316
<v Speaker 2>the US, Europe everywhere else and wondering like how on

0:12:03.316 --> 0:12:06.116
<v Speaker 2>earth do we turn this around. So for a long time,

0:12:06.436 --> 0:12:08.796
<v Speaker 2>England was kind of at the cutting edge of glass

0:12:08.796 --> 0:12:11.716
<v Speaker 2>technol A lot of the great lenses were made here.

0:12:11.756 --> 0:12:15.356
<v Speaker 2>You've got Michael Faraday obsessing over glass and Crown glass.

0:12:15.676 --> 0:12:18.756
<v Speaker 2>A lot of achievements that then led to really good

0:12:18.756 --> 0:12:22.396
<v Speaker 2>optics happened in England. And then they decided the governments

0:12:22.556 --> 0:12:24.876
<v Speaker 2>as they often do needed to raise money for the

0:12:24.916 --> 0:12:27.996
<v Speaker 2>wars against France, and they decided to tax glass making

0:12:28.476 --> 0:12:29.796
<v Speaker 2>and they also tax windows.

0:12:29.916 --> 0:12:33.436
<v Speaker 3>So in England you have lots of older.

0:12:33.156 --> 0:12:36.156
<v Speaker 2>Houses, particularly ones that are kind of Georgian and Queen

0:12:36.156 --> 0:12:38.436
<v Speaker 2>Anne's so kind of going back like two three hundred

0:12:38.516 --> 0:12:40.436
<v Speaker 2>years where if you look at them, suddenly some of

0:12:40.476 --> 0:12:42.516
<v Speaker 2>the windows have been bricked up. And the reason they

0:12:42.596 --> 0:12:44.836
<v Speaker 2>bricks up is because the government decided to impose a

0:12:44.916 --> 0:12:47.236
<v Speaker 2>tax on however many windows you had, you would have

0:12:47.236 --> 0:12:48.036
<v Speaker 2>to pay more tax.

0:12:48.196 --> 0:12:50.356
<v Speaker 1>It's a sort of seeing like a state thing. Right,

0:12:50.396 --> 0:12:52.956
<v Speaker 1>It's like what can somebody walk down the street and

0:12:53.116 --> 0:12:56.876
<v Speaker 1>count from the street, right, Yeah the legibility, Yeah, legibility

0:12:56.916 --> 0:12:57.916
<v Speaker 1>is good, right yeah.

0:12:57.756 --> 0:13:00.276
<v Speaker 2>Counting windows, but also actually chimneys was another thing.

0:13:00.516 --> 0:13:00.636
<v Speaker 3>Uh.

0:13:01.156 --> 0:13:03.356
<v Speaker 2>So the government wanted to tax glass, they wanted to

0:13:03.396 --> 0:13:04.676
<v Speaker 2>raise lots of money, and they did, and they raised

0:13:04.716 --> 0:13:06.476
<v Speaker 2>leads of money and that was great for them. But

0:13:07.036 --> 0:13:08.556
<v Speaker 2>partly as a result of that, a lot of the

0:13:08.876 --> 0:13:11.036
<v Speaker 2>innervation in glass shifted elsewhere.

0:13:11.316 --> 0:13:12.716
<v Speaker 3>And actually Germany, which was.

0:13:12.676 --> 0:13:16.796
<v Speaker 2>Beginning to engage in what you today call industrial strategies,

0:13:16.876 --> 0:13:22.236
<v Speaker 2>so the government governmental organizations starting to introduce kind of subsidies.

0:13:22.516 --> 0:13:25.196
<v Speaker 2>They really focused on glass because it was you know,

0:13:25.276 --> 0:13:28.676
<v Speaker 2>this was an opportunity. This is eighteen hundreds and you've

0:13:28.716 --> 0:13:32.676
<v Speaker 2>got actually Gerte, the kind of famous statesman poet, was

0:13:32.756 --> 0:13:36.396
<v Speaker 2>really heavily involved in this, to the extent that in

0:13:36.916 --> 0:13:38.556
<v Speaker 2>what is now kind of towards the.

0:13:38.476 --> 0:13:40.116
<v Speaker 3>East of Germany it became East Germany.

0:13:40.556 --> 0:13:43.636
<v Speaker 2>You had in a town called Jenna, there was a

0:13:43.756 --> 0:13:47.596
<v Speaker 2>university that a lot of money went into which encouraged

0:13:47.836 --> 0:13:50.836
<v Speaker 2>investigation and also kind of manufacture of glass. And out

0:13:50.836 --> 0:13:54.956
<v Speaker 2>of that that hub of manufacturing came some names that

0:13:54.996 --> 0:13:55.996
<v Speaker 2>we will probably.

0:13:55.676 --> 0:13:58.876
<v Speaker 3>Recognize today, like Seis. A guy called Carl Seiss.

0:13:58.876 --> 0:14:02.396
<v Speaker 2>Became a really big kind of manufacturer of glass, indeed

0:14:02.636 --> 0:14:06.356
<v Speaker 2>of lenses. And the long story short is that Germany

0:14:06.356 --> 0:14:09.796
<v Speaker 2>became really dominant in the manufacture of really good, quite

0:14:09.876 --> 0:14:14.476
<v Speaker 2>cheap optical glass, and the English industry basically withered away.

0:14:14.796 --> 0:14:18.076
<v Speaker 2>France had slightly withered away as well, and in Germany's

0:14:18.236 --> 0:14:23.916
<v Speaker 2>Seiss binoculars and telescopes and sniperscopes became totally dominant, to

0:14:23.956 --> 0:14:28.796
<v Speaker 2>the extent that come nineteen fourteen, England is importing about

0:14:28.836 --> 0:14:33.156
<v Speaker 2>sixty percent of all of its binoculars from Germany's Zeiss binoculars.

0:14:33.476 --> 0:14:35.436
<v Speaker 2>So when war breaks out, then all of a sudden,

0:14:35.636 --> 0:14:38.756
<v Speaker 2>it is a terrible crisis. They call it the glass famine.

0:14:39.076 --> 0:14:42.196
<v Speaker 2>You've got people, you know, going to the trenches in

0:14:42.236 --> 0:14:47.716
<v Speaker 2>France and Belgium equipped with binoculars and opera glasses.

0:14:47.236 --> 0:14:48.676
<v Speaker 3>That they've had to borrow off people.

0:14:49.476 --> 0:14:51.956
<v Speaker 2>There was an appeal that was launched for people to

0:14:52.276 --> 0:14:55.916
<v Speaker 2>donate their used binoculars to troops because England didn't have

0:14:56.036 --> 0:14:58.796
<v Speaker 2>enough of them, and you know, people were getting killed

0:14:59.036 --> 0:15:01.396
<v Speaker 2>because the Germans had the better snipers. This was kind

0:15:01.436 --> 0:15:03.356
<v Speaker 2>of the First War. Really, the First World War was

0:15:03.356 --> 0:15:06.116
<v Speaker 2>the first war where you were able to fire your

0:15:06.116 --> 0:15:07.556
<v Speaker 2>weapons far further.

0:15:07.276 --> 0:15:08.196
<v Speaker 3>Than you could see.

0:15:09.116 --> 0:15:11.556
<v Speaker 2>So your ability to see and your ability to see

0:15:11.556 --> 0:15:13.396
<v Speaker 2>far was the matter of difference between life and death.

0:15:13.396 --> 0:15:15.756
<v Speaker 2>And the Germans had by far and away the upper

0:15:15.756 --> 0:15:18.756
<v Speaker 2>hand on that. And it culminated in nineteen fifteen in

0:15:18.836 --> 0:15:23.716
<v Speaker 2>this extraordinary deal where Britain actually sent spies to meet

0:15:23.756 --> 0:15:26.796
<v Speaker 2>with their German counterparts in Switzerland to do a deal

0:15:27.316 --> 0:15:32.036
<v Speaker 2>to buy binoculars off the Germans so that they could

0:15:32.116 --> 0:15:35.996
<v Speaker 2>kill them better. The most extraordinary thing is the Germans

0:15:35.996 --> 0:15:36.676
<v Speaker 2>said yes.

0:15:37.236 --> 0:15:39.156
<v Speaker 1>Like why would the Germans agree to it?

0:15:39.276 --> 0:15:41.876
<v Speaker 2>They said yes, And the reason they agreed to it,

0:15:41.916 --> 0:15:44.356
<v Speaker 2>and it comes back to materials again, is that they

0:15:44.356 --> 0:15:47.476
<v Speaker 2>were short of rubber. So Britain controlled most of the

0:15:47.476 --> 0:15:50.076
<v Speaker 2>global rubber supply, and you need a rubber obviously for

0:15:50.196 --> 0:15:53.436
<v Speaker 2>fan belts in your engines, for tires, for everything else.

0:15:53.836 --> 0:15:55.996
<v Speaker 2>And so the Germans were short of rubber, we were

0:15:55.996 --> 0:15:58.716
<v Speaker 2>short of glass. And rather than saying, okay, well this

0:15:58.756 --> 0:16:00.356
<v Speaker 2>is a bit of a pretty pass here, let's just

0:16:00.356 --> 0:16:02.756
<v Speaker 2>stop the war, they said, okay, we'll do the deal,

0:16:02.796 --> 0:16:04.236
<v Speaker 2>and then we can carry on killing each other a

0:16:04.276 --> 0:16:05.316
<v Speaker 2>little bit more effectively.

0:16:05.596 --> 0:16:07.876
<v Speaker 1>Let's make a deal, swer you could keep killing each other. Yeah,

0:16:07.876 --> 0:16:09.396
<v Speaker 1>And it happened, in fact, and.

0:16:09.956 --> 0:16:11.836
<v Speaker 2>It's a great story and it did actually happen. But

0:16:11.876 --> 0:16:14.556
<v Speaker 2>what's even more interesting is that in the following years,

0:16:14.596 --> 0:16:16.276
<v Speaker 2>and this I think a lesson for where we are now.

0:16:16.436 --> 0:16:20.236
<v Speaker 2>In the following years, England did manage to increase its

0:16:20.236 --> 0:16:23.996
<v Speaker 2>glass manufacturing massively and really fast. And it just goes

0:16:24.036 --> 0:16:25.996
<v Speaker 2>to show so by the end of the war they

0:16:26.036 --> 0:16:28.916
<v Speaker 2>were producing more more binoculars than they needed. They were

0:16:28.956 --> 0:16:31.756
<v Speaker 2>sending some of them to America, and it just goes

0:16:31.756 --> 0:16:33.716
<v Speaker 2>to show you can do it. Like if you need

0:16:33.716 --> 0:16:36.196
<v Speaker 2>to try and create an industry. It is possible to

0:16:36.196 --> 0:16:38.436
<v Speaker 2>do it, but often you need a wartime situation to

0:16:38.556 --> 0:16:41.196
<v Speaker 2>encourage you to do it. The catch is you do

0:16:41.356 --> 0:16:43.356
<v Speaker 2>need a bit of a base to start from.

0:16:43.436 --> 0:16:45.596
<v Speaker 1>Well, And it's complicated, right, I mean, we're going to

0:16:45.596 --> 0:16:47.276
<v Speaker 1>talk about this later, but we can talk about it now.

0:16:47.316 --> 0:16:49.876
<v Speaker 1>Like there is a set of trade offs, right, Like

0:16:50.116 --> 0:16:53.116
<v Speaker 1>at certain margins, you know, comparative advantage, it makes sense

0:16:53.156 --> 0:16:55.196
<v Speaker 1>to do what you're good at and let other countries

0:16:55.236 --> 0:16:57.636
<v Speaker 1>do what they're good at, and you get more material

0:16:57.716 --> 0:17:01.796
<v Speaker 1>prosperity that way, right. But the asterisk is if Germany

0:17:01.876 --> 0:17:03.756
<v Speaker 1>is making all the lenses and you go to war

0:17:03.796 --> 0:17:05.796
<v Speaker 1>with Germany, that's going to be bad, right, And so

0:17:05.916 --> 0:17:08.596
<v Speaker 1>that is a hard We shouldn't try and make everything

0:17:08.756 --> 0:17:12.596
<v Speaker 1>like that seems clear, I mean, I guess there is

0:17:12.596 --> 0:17:17.516
<v Speaker 1>a big question which is like can you abstract lessons?

0:17:18.516 --> 0:17:20.076
<v Speaker 1>What should we try and make and what should we

0:17:20.156 --> 0:17:22.076
<v Speaker 1>not try and make for me?

0:17:22.276 --> 0:17:23.876
<v Speaker 2>And I'm kind of thinking about this a lot, so

0:17:23.876 --> 0:17:26.476
<v Speaker 2>I'm kind of working on what might be in another

0:17:26.516 --> 0:17:30.316
<v Speaker 2>book on this kind of topic. Like comparative advantage, it's

0:17:30.356 --> 0:17:33.156
<v Speaker 2>not set in stone, you know, it is something you

0:17:33.196 --> 0:17:35.316
<v Speaker 2>can change and something you can influence sure.

0:17:35.836 --> 0:17:38.516
<v Speaker 1>Presumably you don't believe in autarchy. You don't think that

0:17:38.556 --> 0:17:40.796
<v Speaker 1>just because the country is a country, it should make everything.

0:17:41.116 --> 0:17:44.476
<v Speaker 1>Presumably you don't believe in like pure comparative advantage. Right.

0:17:44.476 --> 0:17:47.156
<v Speaker 1>The hard questions are at the margins, like how many

0:17:47.236 --> 0:17:49.516
<v Speaker 1>chips should we try and make in the United States?

0:17:49.556 --> 0:17:51.476
<v Speaker 1>Like that's a weird hard question.

0:17:51.276 --> 0:17:53.756
<v Speaker 2>Completely, and what are the trade offs there? And what

0:17:53.796 --> 0:17:55.596
<v Speaker 2>are you foregoing in order to do that? And I

0:17:55.596 --> 0:17:58.836
<v Speaker 2>think again, we are living through an exercise in that

0:17:58.956 --> 0:17:59.436
<v Speaker 2>right now.

0:17:59.996 --> 0:18:02.916
<v Speaker 1>Right, the pendulum is swinging back. Right, the pendulum is

0:18:02.956 --> 0:18:04.916
<v Speaker 1>swinging back toward domestic production.

0:18:05.236 --> 0:18:05.476
<v Speaker 3>Now.

0:18:05.596 --> 0:18:08.956
<v Speaker 2>Yeah, And you know, I think that's some more new

0:18:09.476 --> 0:18:11.996
<v Speaker 2>an interesting conversation than it's often made out to be.

0:18:12.276 --> 0:18:13.076
<v Speaker 3>I think that's the thing.

0:18:13.116 --> 0:18:15.716
<v Speaker 2>I think when you when you start looking at some

0:18:15.836 --> 0:18:19.316
<v Speaker 2>of the history of technologies, you kind of realize this

0:18:19.356 --> 0:18:21.396
<v Speaker 2>stuff it didn't just come down from the sky. You know.

0:18:21.476 --> 0:18:24.196
<v Speaker 2>Most of the reason that things happen in particular countries

0:18:24.276 --> 0:18:27.076
<v Speaker 2>is because of various interventions. And some of those interventions

0:18:27.116 --> 0:18:28.196
<v Speaker 2>worked and some of those didn't.

0:18:30.556 --> 0:18:34.716
<v Speaker 1>Still to come on the show, Iron and Copper, we'll

0:18:34.716 --> 0:18:45.316
<v Speaker 1>be back in a minute. Let's do Iron.

0:18:45.556 --> 0:18:49.316
<v Speaker 3>So you're navigating this in a I have a plan.

0:18:49.756 --> 0:18:53.276
<v Speaker 1>And it's going basically to plan. Yeah, tell me about

0:18:53.316 --> 0:18:55.916
<v Speaker 1>how iron production in the UK helped lead to the

0:18:55.956 --> 0:19:01.356
<v Speaker 1>Industrial Revolution. Okay, you need to break you get some water.

0:19:01.596 --> 0:19:03.156
<v Speaker 3>No, I'm just wondering where you were taking me.

0:19:04.956 --> 0:19:09.876
<v Speaker 1>I feel like that was a very straightforward turn right revolution.

0:19:10.076 --> 0:19:14.276
<v Speaker 2>Yeah, No, I mean so the industrial revolution really, you know,

0:19:14.356 --> 0:19:16.076
<v Speaker 2>it's kind of a two part thing. First of all,

0:19:16.676 --> 0:19:19.596
<v Speaker 2>came the moment where in England there's it's kind of

0:19:19.636 --> 0:19:23.436
<v Speaker 2>a semi environmental story. We were taking that iron out

0:19:23.436 --> 0:19:27.236
<v Speaker 2>of the ground, or taking the iron ground, smelting it

0:19:27.276 --> 0:19:30.956
<v Speaker 2>down into iron and burning a lot of charcoal along

0:19:30.996 --> 0:19:33.356
<v Speaker 2>the way to make that happen, and we cut down

0:19:33.356 --> 0:19:35.676
<v Speaker 2>a lot of trees to make it happen. This is

0:19:35.716 --> 0:19:38.756
<v Speaker 2>around the kind of fifteen sixteenth century, one of the

0:19:38.756 --> 0:19:43.396
<v Speaker 2>first kind of early ecological panics. Everyone started to panic

0:19:43.436 --> 0:19:45.796
<v Speaker 2>that we were running out of trees and that if

0:19:45.796 --> 0:19:47.876
<v Speaker 2>we carried on making as much iron as we wanted to,

0:19:48.036 --> 0:19:49.836
<v Speaker 2>not just iron, because it was other things like making

0:19:49.996 --> 0:19:52.636
<v Speaker 2>beer and glass and salt and things like that. For

0:19:52.676 --> 0:19:54.276
<v Speaker 2>all of these things, you kind of need to burn

0:19:54.316 --> 0:19:59.076
<v Speaker 2>a lot of charcoal and create your kind of industrial process.

0:19:59.516 --> 0:20:00.236
<v Speaker 3>But people panics.

0:20:00.756 --> 0:20:02.396
<v Speaker 2>Everyone thought, we're going to run out of trees, and

0:20:02.436 --> 0:20:03.996
<v Speaker 2>as a result, the Royal Navy was going to have

0:20:04.036 --> 0:20:05.636
<v Speaker 2>to be shut down and you wouldn't have enough trees

0:20:05.676 --> 0:20:08.236
<v Speaker 2>for the masts that you need on the great ships

0:20:08.236 --> 0:20:10.956
<v Speaker 2>of the line. And what the first great kind of

0:20:10.996 --> 0:20:15.116
<v Speaker 2>innovation on this was this guy, Abraham Derby, who worked

0:20:15.116 --> 0:20:17.196
<v Speaker 2>out in the kind of the turn of the kind

0:20:17.196 --> 0:20:20.916
<v Speaker 2>of seventeenth eighteenth century, who worked out how to make

0:20:21.476 --> 0:20:25.316
<v Speaker 2>coal the fuel sauce rather than charcoal, and that meant

0:20:25.356 --> 0:20:27.356
<v Speaker 2>you didn't have to burn down trees. You could use

0:20:27.356 --> 0:20:29.156
<v Speaker 2>coal that you dug out of the ground. And it

0:20:29.156 --> 0:20:30.796
<v Speaker 2>was actually quite hard thing to do, but he managed

0:20:30.836 --> 0:20:34.276
<v Speaker 2>to do it, and that was the moment that the

0:20:34.316 --> 0:20:37.836
<v Speaker 2>fossil fuel world that we know it began. That's why

0:20:37.876 --> 0:20:40.836
<v Speaker 2>you can kind of like date the climate change story

0:20:40.836 --> 0:20:43.996
<v Speaker 2>in a way from that moment in the midlands of

0:20:44.036 --> 0:20:48.196
<v Speaker 2>England where he was like, okay, let's use coal. And essentially,

0:20:48.876 --> 0:20:51.036
<v Speaker 2>as a result of that, you're no longer bound by

0:20:51.076 --> 0:20:53.236
<v Speaker 2>the kind of organic constraints of how many trees you

0:20:53.276 --> 0:20:55.276
<v Speaker 2>can actually plant and cut down.

0:20:55.756 --> 0:21:01.156
<v Speaker 1>In particular, because England happened to have abundant, relatively accessible coal, right,

0:21:01.236 --> 0:21:02.276
<v Speaker 1>an important piece of it.

0:21:02.356 --> 0:21:03.716
<v Speaker 3>Yeah, so two things in a way.

0:21:03.716 --> 0:21:07.156
<v Speaker 2>It's this kind of this perfect coincidence, a coincidence having

0:21:07.196 --> 0:21:08.676
<v Speaker 2>quite a lot of coal in the ground. It's quite

0:21:08.676 --> 0:21:11.156
<v Speaker 2>good coal like anthracites, so it's kind of rich coal

0:21:11.196 --> 0:21:14.156
<v Speaker 2>that's good. But as well as that, we didn't have

0:21:14.356 --> 0:21:18.996
<v Speaker 2>enough trees. So France, which had far more forests than England's,

0:21:19.596 --> 0:21:22.636
<v Speaker 2>actually never really got onto this because they had enough

0:21:22.996 --> 0:21:25.836
<v Speaker 2>forest that they could turn those trees into charcoal and

0:21:25.876 --> 0:21:28.276
<v Speaker 2>then use them to carry on making steel or iron

0:21:28.356 --> 0:21:30.396
<v Speaker 2>the way they wanted to, whereas in England we just

0:21:30.396 --> 0:21:32.316
<v Speaker 2>didn't have enough trees because we just didn't have as

0:21:32.396 --> 0:21:35.876
<v Speaker 2>much land mass, and so that pushed us towards coal.

0:21:36.236 --> 0:21:38.916
<v Speaker 2>And by being pushed towards coal, then we started to

0:21:38.956 --> 0:21:40.516
<v Speaker 2>discover other things along the way.

0:21:40.876 --> 0:21:44.356
<v Speaker 1>Yes, you make the point that it was work in

0:21:44.396 --> 0:21:47.836
<v Speaker 1>the coal mines that led to the invention of the

0:21:47.836 --> 0:21:51.596
<v Speaker 1>steam engine, which is this sort of signature invention of

0:21:51.636 --> 0:21:54.916
<v Speaker 1>the industrial revolution in some ways, you know, the modern age.

0:21:55.236 --> 0:21:59.436
<v Speaker 2>Yes, steam engines were initially there not to move trains

0:21:59.876 --> 0:22:02.716
<v Speaker 2>or anything else. They were there just to pump water

0:22:02.796 --> 0:22:08.156
<v Speaker 2>out of coal mines basically, and from that then other

0:22:08.156 --> 0:22:11.636
<v Speaker 2>innovations happened. But I mean the second thing with iron

0:22:11.756 --> 0:22:15.116
<v Speaker 2>is so you can make your iron, but still really

0:22:15.116 --> 0:22:17.356
<v Speaker 2>hard to turn it into steel. And like I say,

0:22:17.436 --> 0:22:21.076
<v Speaker 2>steel is just so much better than different types of iron,

0:22:21.116 --> 0:22:23.236
<v Speaker 2>whether it's kind of cast iron or raught iron, it

0:22:23.316 --> 0:22:26.036
<v Speaker 2>is just so much stronger, it is much more resilient.

0:22:26.236 --> 0:22:28.556
<v Speaker 2>You can build big buildings out of it. And so

0:22:29.076 --> 0:22:33.476
<v Speaker 2>the real moment that everything changed and provided us with

0:22:33.676 --> 0:22:37.356
<v Speaker 2>the materials we need to make skyscrapers, for instance, was

0:22:37.396 --> 0:22:39.516
<v Speaker 2>the Bessemer process, and that was kind of later on.

0:22:39.596 --> 0:22:41.916
<v Speaker 2>That was in the kind of mid eighteen hundreds where

0:22:42.756 --> 0:22:44.836
<v Speaker 2>Henry Bessemer and there was another guy who was kind

0:22:44.876 --> 0:22:47.716
<v Speaker 2>of working on this as well, I think in the

0:22:47.996 --> 0:22:50.956
<v Speaker 2>States at the same time, worked out how to use

0:22:51.076 --> 0:22:53.516
<v Speaker 2>oxygen basically kind of to puff a lot of oxygen

0:22:53.836 --> 0:22:57.516
<v Speaker 2>into the to the mix of this molten iron, which

0:22:57.876 --> 0:23:01.036
<v Speaker 2>again is just getting rid of more of the carbon

0:23:01.076 --> 0:23:03.396
<v Speaker 2>and getting it down to just the right amount of carbon.

0:23:03.716 --> 0:23:07.236
<v Speaker 2>What was so revolutionary about Bessemer is up until then

0:23:07.476 --> 0:23:09.996
<v Speaker 2>it was just really hard to make and so just

0:23:10.396 --> 0:23:13.276
<v Speaker 2>you couldn't really make it in large quantities. After Bessemus,

0:23:13.276 --> 0:23:16.476
<v Speaker 2>suddenly you're able to make steel in massive quantities, and

0:23:16.516 --> 0:23:20.396
<v Speaker 2>so something that was incredibly expensive became cheap.

0:23:20.716 --> 0:23:22.836
<v Speaker 1>It goes from being artisanal to being.

0:23:22.676 --> 0:23:25.676
<v Speaker 2>In dust exactly. And that's like with all of these technologies.

0:23:25.716 --> 0:23:28.196
<v Speaker 2>That's the moment the world changes. It's the same, you

0:23:28.236 --> 0:23:30.836
<v Speaker 2>know with salt, it's the same with with glass. The

0:23:30.836 --> 0:23:33.356
<v Speaker 2>moment that you can make something, make a process that

0:23:33.476 --> 0:23:35.476
<v Speaker 2>enables you to turn it out at scale of there's

0:23:35.516 --> 0:23:38.076
<v Speaker 2>a great economic paper on this, can't remember the author,

0:23:38.316 --> 0:23:39.996
<v Speaker 2>but I talked about it in the book about the

0:23:40.036 --> 0:23:42.316
<v Speaker 2>price of nails and how nails used to be one

0:23:42.316 --> 0:23:44.716
<v Speaker 2>of the most expensive things. We used to spend more

0:23:44.796 --> 0:23:47.516
<v Speaker 2>as an economy on nails than we do today on computers.

0:23:47.996 --> 0:23:50.276
<v Speaker 2>And because nails are now so cheap, because you can

0:23:50.316 --> 0:23:52.916
<v Speaker 2>turn out metal and steel in such great quantities and

0:23:52.956 --> 0:23:55.756
<v Speaker 2>they're better as well, that the world has changed. If

0:23:55.836 --> 0:23:59.796
<v Speaker 2>the Titanic had steel nails of the kind that we

0:23:59.836 --> 0:24:02.956
<v Speaker 2>have today on it rather than the rivets they were

0:24:03.036 --> 0:24:06.116
<v Speaker 2>using back then, just the quality of the metal that

0:24:06.236 --> 0:24:08.516
<v Speaker 2>it probably never would have been sunk by the iceberg,

0:24:09.476 --> 0:24:10.516
<v Speaker 2>history would have been different.

0:24:11.396 --> 0:24:15.436
<v Speaker 1>A comfort to a comfort to cruisers everywhere exactly. So

0:24:15.476 --> 0:24:18.476
<v Speaker 1>you also read about how today making steel is this

0:24:18.676 --> 0:24:23.076
<v Speaker 1>incredibly large share of global carbon emissions. Just talk about that.

0:24:23.036 --> 0:24:23.556
<v Speaker 3>For a minute.

0:24:23.916 --> 0:24:26.996
<v Speaker 2>Yeah, so it's the blast furnace stage. I had this

0:24:27.076 --> 0:24:28.956
<v Speaker 2>kind of striking moment where I stood in front of

0:24:28.956 --> 0:24:31.116
<v Speaker 2>a blast furnace in the UK and that one of

0:24:31.116 --> 0:24:34.916
<v Speaker 2>the people working there looked at me and said, you know,

0:24:34.996 --> 0:24:38.236
<v Speaker 2>actually the main product of this blast furnace is not iron,

0:24:38.836 --> 0:24:40.916
<v Speaker 2>it's carbon by weight.

0:24:41.516 --> 0:24:45.036
<v Speaker 3>By weight, that.

0:24:44.916 --> 0:24:48.916
<v Speaker 1>Figures the carbon is carbon dioxide gas. Just to be clear, right.

0:24:48.836 --> 0:24:51.356
<v Speaker 2>Exactly, But if you weigh it, which you could, you know,

0:24:51.436 --> 0:24:53.076
<v Speaker 2>which I think you can do in theory but maybe

0:24:53.116 --> 0:24:55.556
<v Speaker 2>in practice. But if you weigh it, there is more

0:24:55.596 --> 0:24:59.116
<v Speaker 2>carbon dioxide gas, more carbon being produced in tons than

0:24:59.156 --> 0:25:02.676
<v Speaker 2>there is the equivalent amount of iron. And that's because

0:25:03.876 --> 0:25:05.956
<v Speaker 2>in order to you know, when you chuck this stuff in,

0:25:06.236 --> 0:25:09.116
<v Speaker 2>you're chucking iron ore inside that furnace, an extraordinary chemic

0:25:09.196 --> 0:25:12.316
<v Speaker 2>or reaction is happening where the carbon, which is an

0:25:12.316 --> 0:25:16.236
<v Speaker 2>amazing molecule, is ripping the oxygen off of the iron ore.

0:25:16.356 --> 0:25:17.796
<v Speaker 1>It's sort of derusting it.

0:25:17.916 --> 0:25:20.116
<v Speaker 2>Yeah, yeah, exactly, because if you see iron ore, it's

0:25:20.196 --> 0:25:22.916
<v Speaker 2>kind of it looks like rust. And you know, there

0:25:22.916 --> 0:25:24.956
<v Speaker 2>aren't that many blast furnaces left in the world. There's

0:25:24.956 --> 0:25:27.116
<v Speaker 2>only I don't know, there's like four left. In the US,

0:25:27.156 --> 0:25:30.756
<v Speaker 2>We've only got one, or there's a pair of them

0:25:31.196 --> 0:25:33.796
<v Speaker 2>left going, and they were very nearly shut down recently.

0:25:33.836 --> 0:25:34.236
<v Speaker 3>In the UK.

0:25:34.676 --> 0:25:36.676
<v Speaker 2>There's not many of these places left in the world.

0:25:36.876 --> 0:25:42.356
<v Speaker 2>But each of these sites is invariably the single biggest

0:25:42.356 --> 0:25:45.196
<v Speaker 2>producer of carbon in what whatever country it is the

0:25:45.276 --> 0:25:47.596
<v Speaker 2>single biggest one. So I was there in this place

0:25:47.636 --> 0:25:51.436
<v Speaker 2>in Wales is the single biggest producer of carbon dioxide

0:25:51.516 --> 0:25:53.956
<v Speaker 2>in our country. And now that's been shut down, and

0:25:53.996 --> 0:25:55.996
<v Speaker 2>so there's the other one over on the other side

0:25:55.996 --> 0:25:56.476
<v Speaker 2>of the country.

0:25:56.556 --> 0:25:57.756
<v Speaker 3>It'll be the same in America.

0:25:58.196 --> 0:26:01.876
<v Speaker 2>And the only way of making still in large quantities

0:26:02.116 --> 0:26:04.756
<v Speaker 2>at a relatively cheap price that makes this stuff worthwhile

0:26:05.196 --> 0:26:08.716
<v Speaker 2>is in a blast furnace, and that creates crazy amounts

0:26:08.756 --> 0:26:12.156
<v Speaker 2>of carbon dioxide. And this is the massive, big black

0:26:12.196 --> 0:26:13.676
<v Speaker 2>hole at the heart of many of the kind of

0:26:13.676 --> 0:26:15.676
<v Speaker 2>models you see about how this is how we get

0:26:15.676 --> 0:26:18.676
<v Speaker 2>to that zero. No one is quite accounted for the

0:26:18.676 --> 0:26:21.276
<v Speaker 2>fact there's a lot of people who just want to

0:26:21.276 --> 0:26:23.516
<v Speaker 2>see their living standards increase, and in order to do so,

0:26:23.556 --> 0:26:25.116
<v Speaker 2>they want to burn some iron ore and turn it

0:26:25.116 --> 0:26:25.756
<v Speaker 2>into steel.

0:26:26.196 --> 0:26:27.196
<v Speaker 3>So it's a quandary.

0:26:27.636 --> 0:26:30.516
<v Speaker 1>Did you look at people working on green steel do

0:26:30.596 --> 0:26:35.476
<v Speaker 1>you have a view on Yeah, yeah, probability of that

0:26:35.556 --> 0:26:38.476
<v Speaker 1>working at scale in an economic way.

0:26:38.836 --> 0:26:42.076
<v Speaker 2>The main truly green steel kind of method people talk

0:26:42.116 --> 0:26:46.076
<v Speaker 2>about is hydrogen dri so direct reduced iron. Using hydrogen

0:26:46.156 --> 0:26:48.716
<v Speaker 2>as your kind of adjutant, you kind of add it

0:26:48.796 --> 0:26:52.396
<v Speaker 2>to the to the mix. It's so expensive, it's so

0:26:52.396 --> 0:26:54.636
<v Speaker 2>so expensive to make iron that way. So for some

0:26:54.716 --> 0:26:56.836
<v Speaker 2>of us, you know, it's it's Sweden is big in it.

0:26:56.876 --> 0:26:59.156
<v Speaker 2>They're trying to make volvos using this stuff. You know,

0:26:59.396 --> 0:27:01.156
<v Speaker 2>for many of us who want to have green steel

0:27:01.356 --> 0:27:04.476
<v Speaker 2>and are able to afford a bit more, that's that's fine.

0:27:04.356 --> 0:27:06.356
<v Speaker 1>But that's not the one we care about, right. We

0:27:06.436 --> 0:27:09.596
<v Speaker 1>care about green steel that is pray competitive with whatever

0:27:09.636 --> 0:27:10.716
<v Speaker 1>you call it, round steel.

0:27:11.116 --> 0:27:15.796
<v Speaker 2>I fear that's a long time coming, maybe never. And

0:27:16.076 --> 0:27:18.356
<v Speaker 2>there's the electric arc furnaces. So in the US you

0:27:18.396 --> 0:27:21.836
<v Speaker 2>get eighty percent of your steel from electric arc furnaces,

0:27:21.876 --> 0:27:24.676
<v Speaker 2>which is recycling steel, which actually is really low carbon.

0:27:24.956 --> 0:27:27.756
<v Speaker 2>But again, you've got the steel. Think about it. You've

0:27:27.756 --> 0:27:30.396
<v Speaker 2>got your fifteen tons of steel, and you can keep

0:27:30.436 --> 0:27:33.436
<v Speaker 2>on recycling that, you know, not forever you need to

0:27:33.516 --> 0:27:35.516
<v Speaker 2>every so often, you need to add a bed of UI.

0:27:35.476 --> 0:27:36.036
<v Speaker 3>Into the mix.

0:27:36.356 --> 0:27:39.556
<v Speaker 2>But we're kind of okay, We've got enough steel around

0:27:39.636 --> 0:27:42.356
<v Speaker 2>us to keep on recycling it. The issue is like,

0:27:42.476 --> 0:27:45.596
<v Speaker 2>it's sub Saharan Africa, it's parts of Asia, that it's

0:27:45.636 --> 0:27:48.236
<v Speaker 2>parts of South America. They want more steel and they

0:27:48.236 --> 0:27:50.076
<v Speaker 2>want better living standards, so they want to use more

0:27:50.196 --> 0:27:53.756
<v Speaker 2>energy and why not. And I think there's this clash

0:27:53.796 --> 0:27:57.876
<v Speaker 2>at the moment between our understandable concern about climate change

0:27:58.196 --> 0:28:01.156
<v Speaker 2>and other parts of the world which just want to

0:28:01.236 --> 0:28:03.276
<v Speaker 2>have better standards of living. And in order to get

0:28:03.276 --> 0:28:06.316
<v Speaker 2>those standards of living, pretty much every process you can

0:28:06.356 --> 0:28:09.476
<v Speaker 2>do to get there is going to create more carbon.

0:28:10.516 --> 0:28:11.636
<v Speaker 1>Let's talk about copper.

0:28:13.636 --> 0:28:14.956
<v Speaker 3>Let's talk about copper.

0:28:15.116 --> 0:28:21.276
<v Speaker 1>So tell me about copper as the secret story of

0:28:21.316 --> 0:28:24.636
<v Speaker 1>the Second Industrial Revolution. Tell me about copper as the

0:28:24.716 --> 0:28:27.916
<v Speaker 1>secret story behind electrification of the world.

0:28:28.076 --> 0:28:30.996
<v Speaker 2>Okay, I think of all of the different kind of

0:28:31.316 --> 0:28:34.356
<v Speaker 2>materials in our relationships with them, maybe this is kind

0:28:34.356 --> 0:28:37.116
<v Speaker 2>of like the most intuitive because if you have a

0:28:37.156 --> 0:28:39.636
<v Speaker 2>power cut, you know you're screwed.

0:28:39.996 --> 0:28:42.036
<v Speaker 3>And copper is electricity.

0:28:42.676 --> 0:28:44.476
<v Speaker 2>I think you're conscious of that a bit more, and

0:28:44.476 --> 0:28:47.636
<v Speaker 2>you're conscious that electricity is of all the life support

0:28:47.676 --> 0:28:51.516
<v Speaker 2>systems for civilization. You know, we could probably survive without

0:28:51.556 --> 0:28:55.436
<v Speaker 2>the internet. If we don't have electricity, then we're truly scoppered.

0:28:55.556 --> 0:28:58.236
<v Speaker 1>Well, and so I mean speaking of electricity, right, part

0:28:58.236 --> 0:29:01.436
<v Speaker 1>of the reason I wanted to talk about copper. Among

0:29:01.476 --> 0:29:05.276
<v Speaker 1>the things he wrote about is we need a lot

0:29:05.316 --> 0:29:07.796
<v Speaker 1>more copper in order to electrify the world, which is

0:29:07.836 --> 0:29:10.356
<v Speaker 1>like a good thing, right, we want to electrify the world.

0:29:11.596 --> 0:29:13.756
<v Speaker 1>It's a good thing. Asterisk. Well, we got to get

0:29:13.796 --> 0:29:19.036
<v Speaker 1>a bunch more. And so there is this recent history

0:29:19.436 --> 0:29:21.916
<v Speaker 1>of wondering are we going to be able to get

0:29:21.956 --> 0:29:22.396
<v Speaker 1>more copper?

0:29:22.476 --> 0:29:22.556
<v Speaker 3>Right?

0:29:22.636 --> 0:29:27.036
<v Speaker 1>There's this famous bet from the seventies, Right, it was

0:29:27.036 --> 0:29:32.196
<v Speaker 1>in the seventies between the biologist Paul Erleck and the

0:29:32.236 --> 0:29:35.796
<v Speaker 1>economist Julian Simon. Tell me about that bet in the

0:29:35.836 --> 0:29:36.716
<v Speaker 1>history of copper.

0:29:36.876 --> 0:29:42.116
<v Speaker 2>So, Paul Olik was this incredibly charismatic scientist who, I think,

0:29:42.276 --> 0:29:44.276
<v Speaker 2>like a lot of people, particularly in the nineteen seventies,

0:29:44.356 --> 0:29:47.516
<v Speaker 2>was very worried about the rise in global population. He

0:29:47.556 --> 0:29:50.916
<v Speaker 2>wrote a very famous book called The Population Bomb, which

0:29:50.916 --> 0:29:53.356
<v Speaker 2>contained a lot of forecasts that turned out to be

0:29:53.516 --> 0:29:55.516
<v Speaker 2>kind of nonsense.

0:29:55.916 --> 0:29:59.316
<v Speaker 1>And they were very high conviction right Like in this book,

0:29:59.356 --> 0:30:02.236
<v Speaker 1>he doesn't say like we should be worried. He says, like,

0:30:02.476 --> 0:30:05.036
<v Speaker 1>we are screwed already. There are so many people that

0:30:05.356 --> 0:30:08.116
<v Speaker 1>there are going to be famines. It's a certainty because

0:30:08.156 --> 0:30:10.556
<v Speaker 1>we won't be able to grow enough food to feed everybody.

0:30:10.636 --> 0:30:12.236
<v Speaker 2>I think one of one of the predictions was that

0:30:12.276 --> 0:30:15.676
<v Speaker 2>England wouldn't exist as a country in like two thousand

0:30:15.916 --> 0:30:16.556
<v Speaker 2>or something.

0:30:16.316 --> 0:30:19.996
<v Speaker 3>Like that you showed and here we are still not almost.

0:30:20.316 --> 0:30:22.956
<v Speaker 2>But the point is, yeah, I think people who can

0:30:23.316 --> 0:30:28.076
<v Speaker 2>can say somewhat outrageous things with great conviction are compelling

0:30:28.436 --> 0:30:29.916
<v Speaker 2>and they get listened to.

0:30:30.276 --> 0:30:34.356
<v Speaker 1>Indeed, there is abundant evidence for that fact, for that claim.

0:30:34.796 --> 0:30:36.596
<v Speaker 2>But it turns out actually when you kind of peel

0:30:36.636 --> 0:30:39.476
<v Speaker 2>away stuff, I mean, doubt is not super fashionable, but

0:30:39.516 --> 0:30:40.876
<v Speaker 2>it turns out, you know, it's quite it's kind of

0:30:40.916 --> 0:30:44.876
<v Speaker 2>important within the scientific you know, the Enlightenment is kind

0:30:44.876 --> 0:30:48.636
<v Speaker 2>of about doubt. And so all Erlik was basically saying

0:30:48.676 --> 0:30:52.116
<v Speaker 2>we're going to hell in a handcock to some extent,

0:30:52.196 --> 0:30:57.356
<v Speaker 2>reprising some of Thomas Malthus's prognostications from the nineteenth century,

0:30:57.556 --> 0:30:59.796
<v Speaker 2>saying that the population was rising too fast, We're going

0:30:59.796 --> 0:31:02.076
<v Speaker 2>to run out of stuff, and there's kind of two

0:31:02.116 --> 0:31:03.476
<v Speaker 2>ways this is going to be manifested.

0:31:03.556 --> 0:31:05.676
<v Speaker 3>We're going to run out of food, but we're also.

0:31:05.516 --> 0:31:07.636
<v Speaker 2>Going to run out of the materials we need to

0:31:07.756 --> 0:31:11.996
<v Speaker 2>make stuff, and so he was very pessimistic. This guy

0:31:11.996 --> 0:31:14.436
<v Speaker 2>called Julian Simon, who was a slightly obscure economist but

0:31:14.796 --> 0:31:18.116
<v Speaker 2>you know, kind of somewhat libertarian economists, heard Alic talking.

0:31:18.116 --> 0:31:20.356
<v Speaker 3>He got absolutely infuriated that this guy was.

0:31:20.356 --> 0:31:21.956
<v Speaker 2>Getting all the attention, that he'd go on all of

0:31:21.996 --> 0:31:24.996
<v Speaker 2>the Tonight Show and so on, because he was entertaining,

0:31:24.996 --> 0:31:26.556
<v Speaker 2>you know, that was the thing he was entertaining, and

0:31:26.556 --> 0:31:27.236
<v Speaker 2>he had conviction.

0:31:27.836 --> 0:31:29.356
<v Speaker 3>Simon never went on.

0:31:29.316 --> 0:31:33.036
<v Speaker 2>The Tonight Show, but he certainly got the attention of

0:31:33.036 --> 0:31:35.196
<v Speaker 2>Paul Erlik because he basically wrote him a few letters

0:31:35.676 --> 0:31:38.876
<v Speaker 2>in journals saying this is nonsense. You're totally wrong.

0:31:39.636 --> 0:31:42.316
<v Speaker 1>So why did Simon think Erlic was wrong?

0:31:42.636 --> 0:31:46.636
<v Speaker 2>He just thought that human ingenuity has throughout history been

0:31:46.876 --> 0:31:50.756
<v Speaker 2>able to come up with solutions to our problems, and

0:31:50.796 --> 0:31:56.636
<v Speaker 2>that economics and the market are a profoundly powerful way

0:31:57.156 --> 0:32:01.436
<v Speaker 2>of resolving issues of shortage. And he thought that listen,

0:32:01.596 --> 0:32:04.916
<v Speaker 2>if we were to run short of copper, we'd come

0:32:04.996 --> 0:32:07.956
<v Speaker 2>up with some other material that would enable us to

0:32:08.036 --> 0:32:12.356
<v Speaker 2>create electrical network. And so as a result of that,

0:32:12.396 --> 0:32:14.916
<v Speaker 2>he just thought there was something instinctively wrong about what

0:32:14.996 --> 0:32:17.596
<v Speaker 2>Erleck was saying. But I think there's something instinctively within

0:32:17.756 --> 0:32:20.956
<v Speaker 2>humanity because we know that the planet is finite, it's there,

0:32:20.996 --> 0:32:23.796
<v Speaker 2>we can see it. That makes maybe the Erlick view

0:32:23.876 --> 0:32:24.636
<v Speaker 2>quite compelling.

0:32:24.796 --> 0:32:28.396
<v Speaker 1>I think zero some thinking is intuitive and positive some

0:32:28.556 --> 0:32:32.076
<v Speaker 1>thinking is not. Yeah, And I think in this debate,

0:32:32.556 --> 0:32:36.516
<v Speaker 1>Erlic is very much zero side totally, and Simon is positive.

0:32:36.716 --> 0:32:37.116
<v Speaker 3>Yeah.

0:32:37.156 --> 0:32:40.676
<v Speaker 1>So Simon challenges publicly challenges I believe in science and

0:32:40.756 --> 0:32:44.636
<v Speaker 1>the journal science. Right, he challenges Eric to a bet.

0:32:44.716 --> 0:32:45.476
<v Speaker 1>What is the bet?

0:32:45.916 --> 0:32:48.116
<v Speaker 2>Yeah, No, it's worth saying Erle Erlick was by far

0:32:48.156 --> 0:32:51.516
<v Speaker 2>and away the more prominent person. Erlik is famous and

0:32:51.796 --> 0:32:54.396
<v Speaker 2>Simon No one's heard of Simon, and so he punches up.

0:32:55.116 --> 0:32:57.596
<v Speaker 2>Erlik takes takes notice of him and says, okay, right,

0:32:57.636 --> 0:32:59.956
<v Speaker 2>we're going to do a bet. Actually I can't I

0:32:59.956 --> 0:33:02.196
<v Speaker 2>can't remember whether Simon's just bet. I think maybe Simon

0:33:02.236 --> 0:33:04.676
<v Speaker 2>suggested the bet, and Eerlic says, okay, you're on. And

0:33:04.836 --> 0:33:07.116
<v Speaker 2>the bet is basically, we're going to pick a date

0:33:07.156 --> 0:33:09.796
<v Speaker 2>in the future, and we'll look at the price of

0:33:09.836 --> 0:33:13.556
<v Speaker 2>all of these a selection of different commodities. One of

0:33:13.596 --> 0:33:18.156
<v Speaker 2>those materials was copper, and to work out whether at

0:33:18.196 --> 0:33:20.796
<v Speaker 2>the end of a decade or so, whether they went

0:33:20.876 --> 0:33:23.316
<v Speaker 2>up in price or down in price. And if their

0:33:23.316 --> 0:33:25.836
<v Speaker 2>price has gone up, then it's a sign that there

0:33:25.916 --> 0:33:30.076
<v Speaker 2>is scarcity and the people were potentially running out. And

0:33:30.116 --> 0:33:32.796
<v Speaker 2>if it's gone down, then the opposite. If it gets

0:33:32.796 --> 0:33:34.996
<v Speaker 2>the price goes up, Erlick wins the bet. If the

0:33:34.996 --> 0:33:37.796
<v Speaker 2>price goes down or stays the same, Simon wins the bet.

0:33:38.156 --> 0:33:42.996
<v Speaker 2>And so the years pass and lo and behold Erlck loses.

0:33:43.076 --> 0:33:46.396
<v Speaker 2>Simon wins. The prices don't go through the roof of

0:33:46.436 --> 0:33:46.996
<v Speaker 2>this stuff.

0:33:47.516 --> 0:33:48.716
<v Speaker 1>What does it mean that he won?

0:33:49.316 --> 0:33:53.116
<v Speaker 2>I think, in hindsight, a powerful reminder that the world

0:33:53.236 --> 0:33:56.556
<v Speaker 2>is not zero sum, and that we are really good

0:33:57.156 --> 0:34:00.676
<v Speaker 2>at devising solutions for things that seem like they are

0:34:00.796 --> 0:34:05.316
<v Speaker 2>runaway problems. And that also, I think there's another deeper

0:34:05.356 --> 0:34:07.916
<v Speaker 2>thing which I don't think Simon ever, he wasn't thinking

0:34:07.916 --> 0:34:10.276
<v Speaker 2>as a geologist, and I'm not, but I've come to

0:34:10.316 --> 0:34:14.316
<v Speaker 2>think a bit more like a geologist. The world of

0:34:14.516 --> 0:34:17.676
<v Speaker 2>minerals is far more plentiful than we might think. Even

0:34:17.676 --> 0:34:19.356
<v Speaker 2>though we're down to the kind of you know, the

0:34:19.436 --> 0:34:22.236
<v Speaker 2>junk stuff, there is still a lot of it out there.

0:34:22.476 --> 0:34:27.636
<v Speaker 2>And the human ability to devise ever more ingenious ways

0:34:27.956 --> 0:34:31.236
<v Speaker 2>of squeezing let's say copper, because we're talking about it,

0:34:31.316 --> 0:34:34.316
<v Speaker 2>copper out of rock that might previously have been seen

0:34:34.556 --> 0:34:38.236
<v Speaker 2>as junk rock. That ability is amazing, and to me

0:34:38.396 --> 0:34:41.996
<v Speaker 2>it's one of the great triumphs, totally unsung triumphs of

0:34:42.076 --> 0:34:45.836
<v Speaker 2>the last kind of fifty years. Is that far from

0:34:45.836 --> 0:34:48.196
<v Speaker 2>actually running out of copper? Because copper, of all of

0:34:48.196 --> 0:34:51.116
<v Speaker 2>the materials that I look at and that we use

0:34:51.116 --> 0:34:54.356
<v Speaker 2>on an industrial scale, copper is perhaps the most scarce.

0:34:54.636 --> 0:34:56.876
<v Speaker 2>You know, there's lots of iron in the Earth's cross,

0:34:56.916 --> 0:34:59.596
<v Speaker 2>there's lots of you know, alumino, which we use to

0:34:59.636 --> 0:35:03.556
<v Speaker 2>make aluminium. There's loads of these things. There's not that

0:35:03.636 --> 0:35:08.236
<v Speaker 2>much copper. And yet over that period we have produced

0:35:08.276 --> 0:35:10.676
<v Speaker 2>an incredible amount of copper. You know, I felt tall

0:35:10.756 --> 0:35:12.796
<v Speaker 2>about this because, on the one hand, this period in

0:35:12.796 --> 0:35:14.756
<v Speaker 2>the nineteen seventies, you know, when the bet was kind

0:35:14.756 --> 0:35:18.076
<v Speaker 2>of happening, was this dawning moment, this dawning realization, you know,

0:35:18.156 --> 0:35:20.116
<v Speaker 2>Earth Day and all of these things were happening.

0:35:20.356 --> 0:35:23.516
<v Speaker 1>And real legislation, right the key environmental legislation in the

0:35:23.596 --> 0:35:25.196
<v Speaker 1>United States was passed around this time.

0:35:25.356 --> 0:35:26.676
<v Speaker 3>Yeah, like all the EPA stuff.

0:35:26.756 --> 0:35:28.556
<v Speaker 2>So there are many kind of positives that have come

0:35:28.596 --> 0:35:30.916
<v Speaker 2>out of this, and our water courses much better, the

0:35:30.956 --> 0:35:33.476
<v Speaker 2>air quality is so much better in most of our

0:35:33.476 --> 0:35:36.556
<v Speaker 2>countries as a result of I think that dawning consciousness

0:35:36.636 --> 0:35:39.676
<v Speaker 2>that we needed to do something. But at the same time,

0:35:39.716 --> 0:35:42.556
<v Speaker 2>because there was so much catastrophism about it, I think

0:35:42.556 --> 0:35:44.636
<v Speaker 2>a lot of people got kind of overly freaked out

0:35:44.676 --> 0:35:47.556
<v Speaker 2>by it. And there were certain things like copper that

0:35:47.596 --> 0:35:50.876
<v Speaker 2>we never came close to running out of. And like

0:35:51.276 --> 0:35:54.396
<v Speaker 2>I say, one of the greatest unsung achievements is we

0:35:54.516 --> 0:35:56.636
<v Speaker 2>have not run out of this stuff. Far from running out,

0:35:56.796 --> 0:35:59.156
<v Speaker 2>we have got more than ever before. Yes, there are

0:35:59.156 --> 0:36:02.276
<v Speaker 2>big environmental questions about how much of the ground we're

0:36:02.396 --> 0:36:05.876
<v Speaker 2>churning up to get it. But China was able to urbanize.

0:36:05.956 --> 0:36:07.956
<v Speaker 2>China wouldn't have been able to urbanize. You wouldn't have

0:36:07.996 --> 0:36:11.076
<v Speaker 2>been able to have as many, you know, eight billion people,

0:36:11.236 --> 0:36:13.196
<v Speaker 2>you know, getting toward nine billion people in the world

0:36:13.316 --> 0:36:16.356
<v Speaker 2>were it not for the discovery of clever ways to

0:36:16.436 --> 0:36:17.676
<v Speaker 2>get copper out of the ground.

0:36:17.836 --> 0:36:21.876
<v Speaker 1>So there is the environmental question right of we've dug

0:36:21.876 --> 0:36:23.716
<v Speaker 1>giant holes in the ground to get copper out. And

0:36:23.756 --> 0:36:28.876
<v Speaker 1>there is a particularly i don't know, fraught environmental question now,

0:36:28.956 --> 0:36:31.076
<v Speaker 1>which is in order to do the energy transition, in

0:36:31.156 --> 0:36:34.756
<v Speaker 1>order to shift from fossil fuel to electrification, which is

0:36:34.836 --> 0:36:37.516
<v Speaker 1>good and I think good on net, we need a

0:36:37.516 --> 0:36:40.676
<v Speaker 1>lot more copper. Like you have gone and looked at

0:36:40.716 --> 0:36:44.476
<v Speaker 1>giant copper minds, seen the cost of it, Like how

0:36:44.516 --> 0:36:47.316
<v Speaker 1>do you think about copper and the energy transition?

0:36:48.316 --> 0:36:52.276
<v Speaker 2>When standing on the lip of one of these big

0:36:52.316 --> 0:36:55.276
<v Speaker 2>mines in Chile, I went to this mine called Chicki Kamata,

0:36:55.796 --> 0:36:58.916
<v Speaker 2>which is this This is one that's been going since,

0:36:59.476 --> 0:37:01.796
<v Speaker 2>you know, for one hundred and twenty years or so.

0:37:02.316 --> 0:37:04.596
<v Speaker 2>This is like one of the minds, the big minds

0:37:04.756 --> 0:37:09.556
<v Speaker 2>that we got the copper for the early Edison electrical age,

0:37:09.676 --> 0:37:12.676
<v Speaker 2>and we're still getting copper out of it. Is a

0:37:12.796 --> 0:37:16.316
<v Speaker 2>hole that is the biggest man made hole on the

0:37:16.316 --> 0:37:19.316
<v Speaker 2>planet in terms of it's just the amount of earth

0:37:19.316 --> 0:37:21.716
<v Speaker 2>that's been displaced from it. You stand on the edge,

0:37:21.916 --> 0:37:24.196
<v Speaker 2>you look down, it's like looking at the Grand Canyon.

0:37:24.276 --> 0:37:26.276
<v Speaker 2>You know, it's one of those moments of like whoa,

0:37:26.356 --> 0:37:29.876
<v Speaker 2>because this is this is so deep, and yet we

0:37:29.916 --> 0:37:32.116
<v Speaker 2>made that. We made that hole in order to get

0:37:32.116 --> 0:37:35.716
<v Speaker 2>the copper out. You need, in order to fulfill all

0:37:35.756 --> 0:37:38.236
<v Speaker 2>the promises that we have made for the energy transition,

0:37:38.676 --> 0:37:41.716
<v Speaker 2>you need another three or four of these mines to

0:37:41.756 --> 0:37:46.676
<v Speaker 2>be built every year between now and twenty fifty, and

0:37:47.396 --> 0:37:51.276
<v Speaker 2>right now we're basically not really building any And on

0:37:51.316 --> 0:37:53.876
<v Speaker 2>the contrary, you know, there are minds that the famous

0:37:53.876 --> 0:37:56.756
<v Speaker 2>example is a mine in Panama, copper mine which has

0:37:56.756 --> 0:37:59.356
<v Speaker 2>basically been shut down because the government is you know,

0:37:59.636 --> 0:38:02.396
<v Speaker 2>concerned about the environmental impacts and the impacts on the

0:38:02.436 --> 0:38:03.156
<v Speaker 2>local community.

0:38:03.436 --> 0:38:05.756
<v Speaker 1>Which is reasonable, right, Like, that's why this is such

0:38:05.796 --> 0:38:08.076
<v Speaker 1>a hard It's ablutely reasonable. I don't want to live

0:38:08.076 --> 0:38:08.956
<v Speaker 1>next to a copper mind.

0:38:09.396 --> 0:38:10.876
<v Speaker 2>And to be honest with you, what happens. I'll tell

0:38:10.876 --> 0:38:12.676
<v Speaker 2>you what happens if you live next to a copper mine.

0:38:12.836 --> 0:38:14.956
<v Speaker 2>Eventually the copper mine gets so big that your house

0:38:14.956 --> 0:38:17.316
<v Speaker 2>gets covered in the waste rock for the copper mine,

0:38:17.436 --> 0:38:19.876
<v Speaker 2>and you know, you're you're covered and you're covered in rock.

0:38:19.916 --> 0:38:21.836
<v Speaker 2>Because that's what happens at this place. There was a

0:38:22.036 --> 0:38:23.556
<v Speaker 2>there was a town next door. It was like a

0:38:23.556 --> 0:38:26.556
<v Speaker 2>pretty advanced town. It had the most advanced hospital in

0:38:26.596 --> 0:38:32.396
<v Speaker 2>Latin America. It is now abandoned and half covered in

0:38:32.516 --> 0:38:34.396
<v Speaker 2>the waste rock from the mine. They had to they

0:38:34.396 --> 0:38:37.316
<v Speaker 2>had to move everyone out because the mine just got

0:38:37.356 --> 0:38:40.396
<v Speaker 2>so big. But this is the point that there aren't

0:38:40.396 --> 0:38:43.276
<v Speaker 2>many of these places, but where there are, they are big,

0:38:43.516 --> 0:38:47.636
<v Speaker 2>and there's environmental implications and all around that particular mine

0:38:47.676 --> 0:38:50.396
<v Speaker 2>in Chile, the copper mine. You know, you've got more

0:38:50.476 --> 0:38:52.636
<v Speaker 2>arsenic in the air than in most other places, partly

0:38:52.676 --> 0:38:55.516
<v Speaker 2>just because there's arsenic in the earth and it's being displaced,

0:38:55.556 --> 0:38:59.156
<v Speaker 2>and the particular the nature of that Andean soil is

0:38:59.156 --> 0:39:01.036
<v Speaker 2>is it's got more arsenic than you would normally find.

0:39:01.196 --> 0:39:04.236
<v Speaker 2>The tailings down Okay, so where the toxic waste is put.

0:39:04.596 --> 0:39:06.596
<v Speaker 2>And bear in mind they used to just chuck this

0:39:06.676 --> 0:39:08.756
<v Speaker 2>stuff into the rivers and into the sea. Now it

0:39:08.796 --> 0:39:11.276
<v Speaker 2>goes in this damn system. So you've got all of

0:39:11.316 --> 0:39:14.516
<v Speaker 2>this quite nasty stuff in a damn system. It's basically

0:39:14.556 --> 0:39:16.956
<v Speaker 2>a big block of earth, and I drove alongside it

0:39:16.996 --> 0:39:20.556
<v Speaker 2>with damn walls all around it. This total size of

0:39:20.596 --> 0:39:23.516
<v Speaker 2>the tailings down at this single mind chew Kikumata in

0:39:23.596 --> 0:39:27.796
<v Speaker 2>Chile is bigger than Manhattan just for one mind, and

0:39:27.876 --> 0:39:31.436
<v Speaker 2>so the amount of impact that these places have is enormous.

0:39:31.436 --> 0:39:34.196
<v Speaker 2>But now a lot of these places, including Chile, are

0:39:34.196 --> 0:39:36.036
<v Speaker 2>starting to ask, well, hang on, is this actually what

0:39:36.116 --> 0:39:36.476
<v Speaker 2>we want?

0:39:36.556 --> 0:39:38.476
<v Speaker 3>And you've got a lot of governments.

0:39:38.196 --> 0:39:41.276
<v Speaker 2>Like I say, including in Santiago, who are saying, okay, now,

0:39:41.316 --> 0:39:42.956
<v Speaker 2>actually we want to shut down some of these places

0:39:42.956 --> 0:39:46.596
<v Speaker 2>because local communities have been affected by pollution and it's unacceptable.

0:39:46.836 --> 0:39:49.596
<v Speaker 2>So for me, one of the biggest challenges for the

0:39:49.716 --> 0:39:53.636
<v Speaker 2>energy transition it's not necessarily the technology, it's not necessarily

0:39:53.676 --> 0:39:55.916
<v Speaker 2>the kind of enthusiasm that it's a lot of politics

0:39:55.956 --> 0:39:58.876
<v Speaker 2>going on, But actually it's are we actually going to

0:40:00.116 --> 0:40:02.876
<v Speaker 2>manage to persuade people who live where all of these

0:40:02.916 --> 0:40:05.956
<v Speaker 2>resources are that it is right to get this stuff

0:40:05.956 --> 0:40:08.716
<v Speaker 2>out of the ground. It's it's human willingness rather than

0:40:09.196 --> 0:40:11.596
<v Speaker 2>techle logical or geological constraints.

0:40:14.716 --> 0:40:16.996
<v Speaker 1>We'll be back in a minute with the lightning round,

0:40:17.356 --> 0:40:28.516
<v Speaker 1>of course, m m okay, we're going to finish with

0:40:28.556 --> 0:40:31.716
<v Speaker 1>the lightning round. If you were to add a seventh

0:40:31.796 --> 0:40:35.316
<v Speaker 1>material to the book, what would it be?

0:40:35.676 --> 0:40:38.116
<v Speaker 2>I was actually going to have a seventh material, which

0:40:38.156 --> 0:40:41.356
<v Speaker 2>was going to be wood. I would wood is great,

0:40:41.796 --> 0:40:45.916
<v Speaker 2>like we can use word as an amazing construction material

0:40:45.956 --> 0:40:50.636
<v Speaker 2>these days. Obviously there's all the history about woods, you know, fire, humanity, fire, charcoal,

0:40:51.076 --> 0:40:51.756
<v Speaker 2>all that stuff.

0:40:51.916 --> 0:40:55.276
<v Speaker 1>Yeah, I mean the first energy transition arguably was fine, right.

0:40:55.196 --> 0:40:57.276
<v Speaker 3>Right, Yeah, the first and the greatest in a way.

0:40:57.636 --> 0:40:58.036
<v Speaker 1>Yeah.

0:40:58.116 --> 0:40:59.436
<v Speaker 3>Yeah, So wood, it was gonna be.

0:40:59.356 --> 0:41:02.316
<v Speaker 2>Wood, and wood is great because also, like I say,

0:41:02.396 --> 0:41:04.276
<v Speaker 2>you can you can build skyscrapers out of wood. You

0:41:04.276 --> 0:41:05.996
<v Speaker 2>still need a bit of steal, to be honest with you,

0:41:05.996 --> 0:41:07.956
<v Speaker 2>but you can build skyscrapers out of wood. You can

0:41:08.036 --> 0:41:10.996
<v Speaker 2>use word as a kind of ingreen for making chemicals

0:41:10.996 --> 0:41:14.076
<v Speaker 2>as well. So it was going to be words. But

0:41:14.596 --> 0:41:17.356
<v Speaker 2>the book you've read the book, it's long. It's too

0:41:17.396 --> 0:41:19.796
<v Speaker 2>long already, And so it was going to be seven.

0:41:19.996 --> 0:41:21.356
<v Speaker 2>Like seven is a great number, isn't it.

0:41:21.396 --> 0:41:24.156
<v Speaker 1>Seven's a better number than six. Let's be honest. You

0:41:24.196 --> 0:41:25.396
<v Speaker 1>could have gone down to five.

0:41:25.716 --> 0:41:27.396
<v Speaker 3>It's the fault of like glass.

0:41:27.516 --> 0:41:29.876
<v Speaker 2>Glass was too interesting, and you know, so I just

0:41:29.956 --> 0:41:32.436
<v Speaker 2>I overdid it, basically, I overcooked it.

0:41:32.516 --> 0:41:35.196
<v Speaker 1>Well done. What's your least favorite material?

0:41:35.796 --> 0:41:37.036
<v Speaker 3>Do you mean in the book or do you mean

0:41:37.076 --> 0:41:41.356
<v Speaker 3>and no, in the world. Oh my god.

0:41:41.796 --> 0:41:45.916
<v Speaker 2>I mean, like, I'm not an enormous fan of polyester.

0:41:46.676 --> 0:41:48.916
<v Speaker 1>I don't know if you have any like running shirts

0:41:48.996 --> 0:41:52.036
<v Speaker 1>or workout shirts. Like, they don't call them polyester, they

0:41:52.076 --> 0:41:55.356
<v Speaker 1>call them whatever, Capeline or whatever brand name, but they're

0:41:55.396 --> 0:41:57.716
<v Speaker 1>basically polyester. Polyester is amazing.

0:41:57.796 --> 0:42:00.436
<v Speaker 3>Now, that's the thing. That's why I have states saying this.

0:42:00.676 --> 0:42:02.956
<v Speaker 1>Yeah, I mean plastic, polyester is plastic.

0:42:03.236 --> 0:42:05.156
<v Speaker 3>Blast is plastic. It's a petrochemical.

0:42:05.396 --> 0:42:07.076
<v Speaker 1>Yeah, it is a petrochemical, and.

0:42:07.076 --> 0:42:10.236
<v Speaker 2>I think we, the English, we invented it. We basically

0:42:10.316 --> 0:42:12.556
<v Speaker 2>we invented a lot of the bad stuff we invented,

0:42:12.836 --> 0:42:15.956
<v Speaker 2>you know, the using fossil fuels. But that's also kind

0:42:15.996 --> 0:42:17.596
<v Speaker 2>of there's been many benefits from that.

0:42:17.956 --> 0:42:21.996
<v Speaker 1>Yeah, the Industrial Revolution. I'm unbalance grateful for the Industrial Revolution.

0:42:22.036 --> 0:42:24.276
<v Speaker 1>It's a complicated legacy, but I appreciate it.

0:42:24.516 --> 0:42:29.356
<v Speaker 2>Yeah, but we invented polyethylene, which is like the plastic

0:42:29.396 --> 0:42:31.076
<v Speaker 2>that you make plastic bags out of. Again, I don't

0:42:31.076 --> 0:42:32.636
<v Speaker 2>think we should be ashamed of it in the slightest,

0:42:32.636 --> 0:42:34.356
<v Speaker 2>but we are. You go to the place where they

0:42:34.356 --> 0:42:38.356
<v Speaker 2>invented polyethylene and there's a little plaque they've kind of

0:42:38.436 --> 0:42:40.036
<v Speaker 2>hidden on a building.

0:42:40.516 --> 0:42:43.156
<v Speaker 1>I mean plastic bags I feel more ambivalent about than

0:42:43.156 --> 0:42:44.156
<v Speaker 1>the Industrial Revolution.

0:42:44.276 --> 0:42:48.076
<v Speaker 2>Weirdly, polyethylene is not just plastic bags. It's basically, you know,

0:42:48.116 --> 0:42:49.956
<v Speaker 2>it's kind of everything. It's also you can make like

0:42:50.036 --> 0:42:52.636
<v Speaker 2>bulletproof fests out of it. You can make it is

0:42:52.636 --> 0:42:54.636
<v Speaker 2>the most adaptable of all of the plastics. It is

0:42:54.636 --> 0:42:58.716
<v Speaker 2>by far and away the most the biggest. I'm used

0:42:58.716 --> 0:43:01.516
<v Speaker 2>to kind of shitty old polyester, like you know, the

0:43:01.596 --> 0:43:04.436
<v Speaker 2>old kind of shirts like yeah, that make you sweat,

0:43:04.676 --> 0:43:08.436
<v Speaker 2>that make you sweat. These days, I think, particularly the Chinese,

0:43:08.476 --> 0:43:10.756
<v Speaker 2>this is kind of a thing. The Chinese have become

0:43:10.876 --> 0:43:14.116
<v Speaker 2>incredible at making really good fabrics out of polyester. And

0:43:14.156 --> 0:43:17.836
<v Speaker 2>so actually the polyester, like you saying of twenty twenty five,

0:43:17.996 --> 0:43:20.196
<v Speaker 2>is such a different thing, and that's I think largely

0:43:20.236 --> 0:43:23.116
<v Speaker 2>thanks to the Chinese being really clever about weaving it,

0:43:23.156 --> 0:43:26.636
<v Speaker 2>and also just particular types of glens. So I would

0:43:26.676 --> 0:43:29.756
<v Speaker 2>say polyesta, but then then I'd go back on myself,

0:43:29.836 --> 0:43:30.596
<v Speaker 2>just like I am now.

0:43:36.836 --> 0:43:40.076
<v Speaker 1>Ed Conway is the author of Material World, the six

0:43:40.196 --> 0:43:44.356
<v Speaker 1>raw materials that shape of modern civilization. Please email us

0:43:44.436 --> 0:43:47.836
<v Speaker 1>at problem at Pushkin dot FM. We are always looking

0:43:47.876 --> 0:43:51.916
<v Speaker 1>for new guests for the show. Today's show was produced

0:43:51.916 --> 0:43:55.356
<v Speaker 1>by Trinamnino and Gabriel Hunter Chang, who was edited by

0:43:55.356 --> 0:43:59.756
<v Speaker 1>Alexander Garriton and engineered by Sarah Bruguier. I'm Jacob Goldstein

0:43:59.796 --> 0:44:01.876
<v Speaker 1>and we'll be back next week with another episode of

0:44:01.876 --> 0:44:02.436
<v Speaker 1>What's Your Pop