{"title": "Principles for a New World Order | Antero Vartia | Negotiator 142", "titleOriginal": "Uuden maailmanjärjestyksen periaatteet | Antero Vartia | Neuvottelija 142", "episodeNumber": "142", "guest": "Antero Vartia", "publishedAt": "2022-06-19", "duration": "49:46", "durationIso": "PT49M46S", "youtube": "https://www.youtube.com/watch?v=68lwhXOjdhs", "fiCanonical": "https://www.neuvottelija.fi/fi/episodes/194-uuden-maailmanjarjestyksen-periaatteet-antero-vartia-neuvott", "originalLanguage": "fi", "format": "full", "topics": ["geopolitics", "leadership_governance"], "description": "Antero Vartia returns to Neuvottelija two years after the first conversation, and the subject is what it was then: principle. The episode asks why flexibility can itself be a principle and staying in the truth its bedrock, what Ray Dalio's three cycles say about a changing world order, and what the book did not live to see of the war in Ukraine and China's Covid policy. It also covers the link between the inflation spiral and populism, Acemoglu and Robinson's narrow corridor, the two classic market failures, and the three-and-a-half-year money-collection-act process during which Compensate was effectively barred from trading without the matter ever reaching a district court. It closes on meditation, ego, and why executives practise it quietly.", "chapters": [{"t": "00:00", "title": "A foretaste: the dollar's position and the energy transition", "seconds": 0}, {"t": "01:09", "title": "Antero Vartia returns as a guest", "seconds": 69}, {"t": "01:15", "title": "Do you have principles", "seconds": 75}, {"t": "01:47", "title": "Flexibility, and staying in the truth as the bedrock", "seconds": 107}, {"t": "02:27", "title": "Groucho's joke, or principles that flex too far", "seconds": 147}, {"t": "02:46", "title": "A principle is a value with an algorithm in it", "seconds": 166}, {"t": "03:17", "title": "What meditation revealed, and how the meaning of freedom shifted", "seconds": 197}, {"t": "04:41", "title": "Freedom as an algorithm is an oxymoron", "seconds": 281}, {"t": "05:27", "title": "Words as symbols, and the magic word denialism", "seconds": 327}, {"t": "06:39", "title": "Semantic games aside: meaning is what counts", "seconds": 399}, {"t": "07:04", "title": "Sam Harris and the Californian podcast school", "seconds": 424}, {"t": "08:05", "title": "Presence in conversation is a form of meditation", "seconds": 485}, {"t": "08:46", "title": "The unscripted podcast as a format for living in the moment", "seconds": 526}, {"t": "09:54", "title": "Morning meditation, and emptiness without identity", "seconds": 594}, {"t": "10:25", "title": "Feeling the emotions exposes the assumptions", "seconds": 625}, {"t": "11:21", "title": "Is the mind's soundtrack a villain or a friend", "seconds": 681}, {"t": "12:47", "title": "Ego, identities and the awareness behind the mind", "seconds": 767}, {"t": "14:24", "title": "Embodied experience and the world as a whole", "seconds": 864}, {"t": "15:13", "title": "Dalio's three cycles and the changing world order", "seconds": 913}, {"t": "16:59", "title": "Did Russia's invasion change climate policy", "seconds": 1019}, {"t": "17:45", "title": "The war accelerates the wind-down of fossil fuels", "seconds": 1065}, {"t": "18:23", "title": "Germany's Energiewende in existential crisis", "seconds": 1103}, {"t": "19:38", "title": "Finland's NATO application, and how small the effect of energy cut-offs was", "seconds": 1178}, {"t": "19:45", "title": "China's bottlenecks and the dead end of its Covid policy", "seconds": 1185}, {"t": "20:25", "title": "Central bank courage and the inevitability of the inflation spiral", "seconds": 1225}, {"t": "21:43", "title": "The dollar, the turmoil, and the holes in Dalio's forecast", "seconds": 1303}, {"t": "22:40", "title": "The West closing ranks, and China's weakness", "seconds": 1360}, {"t": "23:18", "title": "The tangle of crises unwinds either in order or with a crash", "seconds": 1398}, {"t": "24:10", "title": "Acemoglu's narrow corridor between despotism and bureaucracy", "seconds": 1450}, {"t": "25:46", "title": "Believing that it all turns out well", "seconds": 1546}, {"t": "26:07", "title": "Technology gives despots a firmer grip", "seconds": 1567}, {"t": "26:48", "title": "Voluntary transactions as the only way out", "seconds": 1608}, {"t": "28:04", "title": "A market economy requires regulation that works", "seconds": 1684}, {"t": "29:00", "title": "Moral hazard and the tragedy of the commons", "seconds": 1740}, {"t": "29:51", "title": "The politicians' fallacy: nobody else is doing it either", "seconds": 1791}, {"t": "30:37", "title": "The exponential pace of change in climate measures", "seconds": 1837}, {"t": "31:00", "title": "Responsibility for the damage you cause is the core of the solution", "seconds": 1860}, {"t": "32:11", "title": "Understanding a service as a transaction is hard", "seconds": 1931}, {"t": "33:29", "title": "The money-collection act and a three-year criminal process", "seconds": 2009}, {"t": "34:27", "title": "Carbon sequestration is a service given in return for payment", "seconds": 2067}, {"t": "36:38", "title": "The charge fell away, the law stayed", "seconds": 2198}, {"t": "37:39", "title": "A criminal process is the wrong way to fix a bad law", "seconds": 2259}, {"t": "39:12", "title": "Tax wedges in the third sector, and binary interpretations", "seconds": 2352}, {"t": "41:53", "title": "What the change in the law did to Compensate's business", "seconds": 2513}, {"t": "43:34", "title": "Carbon sequestration projects worldwide, and the double-counting problem", "seconds": 2614}, {"t": "44:13", "title": "The criminal suspicion blocked internationalisation and the press", "seconds": 2653}, {"t": "44:55", "title": "The soap-star label, and the warmth of Löyly", "seconds": 2695}, {"t": "45:30", "title": "Talking about meditation among company executives", "seconds": 2730}, {"t": "46:08", "title": "The Creative Respect podcast and a record amount of feedback", "seconds": 2768}, {"t": "47:08", "title": "Meditation as a tool for self-knowledge", "seconds": 2828}, {"t": "48:10", "title": "From the shame of therapy to the best thing going", "seconds": 2890}, {"t": "48:57", "title": "Closing words, and an invitation to subscribe", "seconds": 2937}], "sourceTranscriptType": "none", "subtitleMethod": "none", "provenance": "Owner page assembled from YouTube metadata, the neuvottelija.fi episode record and the publisher's own chapter marks, translated one for one. The marks are genuine: fifty-two of them, with gaps from six seconds to nearly three minutes, tracking the recording rather than a grid. No transcript is published here — the channel has no English caption track for this episode and the Finnish one is YouTube's automatic track. The guest is a former member of parliament and the founder of Compensate, and a long stretch of the episode is his account of the criminal process brought against his own company under the money-collection act; the prosecuting authority is not represented, and the account is his. The episode is also partly a promotion of his book, whose text predates the war in Ukraine.", "coreTheses": ["A principle is a value with an algorithm attached — it tells you what to do, which is what separates it from a preference.", "Flexibility can be a principle in its own right, provided staying in the truth is the thing it will not flex on.", "Dalio's cycle framework is used here as a lens and then tested against events the book predates, which is the more honest way to read a forecast.", "Compensate's case is that a criminal process was used where a bad law needed changing, and the charge falling away without a court ruling left the law intact."], "slug": "ep142-uuden-maailmanjarjestyksen-periaatteet-antero-vartia", "guestsCanonical": ["Antero Vartia"], "guestPages": ["https://www.neuvottelija.com/podcast/guests/antero-vartia/"], "page": "https://www.neuvottelija.com/podcast/episodes/ep142-uuden-maailmanjarjestyksen-periaatteet-antero-vartia/", "markdown": "https://www.neuvottelija.com/podcast/episodes/ep142-uuden-maailmanjarjestyksen-periaatteet-antero-vartia/index.md", "captions": null, "transcript": null, "videoId": "68lwhXOjdhs", "dbId": null, "qaCoveragePct": 0.0, "qaSemanticVerdict": "metadata_only", "aiArticleEn": "https://www.neuvottelija.com/ai/ep142-uuden-maailmanjarjestyksen-periaatteet-antero-vartia/", "aiArticleFi": "https://www.neuvottelija.fi/yhteiskunta/ep142-uuden-maailmanjarjestyksen-periaatteet-antero-vartia/"}