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    Home»Economy»My Conversation with the excellent Chris Arnade
    Economy

    My Conversation with the excellent Chris Arnade

    Press RoomBy Press RoomJune 19, 2025No Comments4 Mins Read
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    Here is the audio, video, and transcript.  Here is part of the episode summary:

    Tyler and Chris discuss how Beijing and Shanghai reveal different forms of authoritarian control through urban design, why Seoul’s functional dysfunction makes it more appealing than Tokyo’s efficiency, favorite McDonald’s locations around the world, the dimensions for properly assessing a city’s walkability, what Chris packs for long urban jaunts, why he’s not interested in walking the countryside, what travel has taught him about people and culture, what makes the Faroe Islands and El Paso so special, where he has no desire to go, the good and bad of working on Wall Street, the role of pigeons and snapping turtles in his life, finding his 1,000 true fans on Substack, whether museums are interesting, what set him on this current journey, and more.

    COWEN: That’s okay. What’s your nomination for the least walkable city?

    ARNADE: Phoenix is pretty bad. In the rest of the world, what was the lowest ranked of mine?

    COWEN: I think Dakar is your lowest ranked.

    ARNADE: Dakar is low.

    COWEN: I don’t find that so bad.

    ARNADE: [laughs] It was partially the heat. Also, there was a safety issue, which is not actual violence. It’s just the risk of a miscommunication going very badly because when you’re in a neighborhood where they have a slum basically, where you’re one of few white people, it’s not that I feel threatened by being robbed. I feel threatened that there can be miscommunication, like, “Why are you here? What are you doing here?” That can spiral out of control if you don’t speak the language. Dakar was really tough. Kampala was really tough to walk.

    COWEN: Why’s that? I’ve never been there.

    ARNADE: Again, these are cities that are not meant to be walked. Locals don’t walk them. People would look at me like I’m crazy. Part of the reason, first of all, you can jump on a hack bus, so why would you walk? The boda-bodas, which are . . . you just jump on the back of a motorcycle, which I won’t do. I did it once, and I’m like, “I’m not doing this. This is a really dumb risk.”

    COWEN: Yes, I wouldn’t do that.

    ARNADE: I almost got killed the first time I did it, but they do it. Consequently, there’s no walking infrastructure and when you do walk, you’re at risk of being hit by a boda-boda. People will walk out of necessity but there’s just no infrastructure. Absolutely none. Then you can get hit by a car. You can get hit by a car or a motorcycle.

    COWEN: Rio, for me, would be the least walkable. It’s very dangerous but on top of that, there are so many places where walks end. There’re mountains, there’re tunnels.

    And this:

    COWEN: What is it you think you learn least well traveling the way you do?

    ARNADE: It’s interesting. I used to be a macro-type trader. I used to be very top-down. I think I, in some sense, have thrown too much of that away. I’ve gone in too blind. I could do a little bit more background reading in terms of the political situation.

    One of the things I’ve learned from my project is, most people don’t talk about politics. It’s because I only talk about what other people want to talk about. No one talks about politics. Being in Beijing and Shanghai — maybe it’s not the best example because people would say there’s a reason they don’t want to talk about it. I don’t think that’s it.

    COWEN: No, I agree. Most of the world. Even Idaho.

    ARNADE: Yes, 98 percent of the people aren’t political and they don’t talk about politics. I got beat up on social media when people were talking about, “Oh my God, Trump’s going to be elected. The world hates us.” No, they don’t. [laughs] When that person said that, I was actually in a bar in Kampala with a woman telling me how much she loved Trump. That was a rare political conversation. Most people don’t talk about politics.

    In that sense, I could probably do more reading outside of the conversations about politics because I go to a lot of these countries, I don’t know what’s going on politically because people don’t talk about it.

    COWEN: What other macro views of the world have you revised due to your walking, visiting, traveling? Obviously, particular views about any individual place, but on the whole, humanity.

    And I am very happy to recommend Chris’s Substack, which covers his fascinating travels around the world.

    The post My Conversation with the excellent Chris Arnade appeared first on Marginal REVOLUTION.



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