This week, I’m joined by Kyle Chan, author of the recent NYTimes Op-Ed titled "In the Future, China Will Be Dominant. The U.S. Will Be Irrelevant." Exploring the intense competitive pressures of Chinese “involution capitalism” and America’s fixation on shareholder returns, we discuss America’s waning relevance in global technology and manufacturing, and how critical choices made now could shape the economic and geopolitical landscape for decades. Chan is a postdoctoral researcher at Princeton University, adjunct researcher at the RAND Corporation, and the author of High Capacity.

This week, I’m joined by Patrick McGee, a journalist and author of Apple in China: The Capture of the World’s Greatest Company. I recommended this book on LinkedIn as a MUST READ, and stand by it. Apple in China is an in-depth corporate history which examines one of the most important symbioses in economic history. It explains Apple's meteoric rise in market capitalization/revenue, as well as China's newfound dominance in precision manufacturing. McGee argues convincingly that neither outcome would have happened without this relationship. To back up this extraordinary claim, McGee closely maps how Apple systematically sent top engineers from around the world to train up hundreds of factories in China, pressed for demanding specifications at “ridiculously high yield,” and invested sums directly into China that made the post-WW2 Marshall Plan look small. The result? China now leads in 57 of 64 critical technologies, as measured by the Australian Strategic Policy Institute, dominating everything from smartphones to electric vehicles. As Trump threatens iPhone-specific tariffs and Tim Cook promises impossible reshoring timelines, Apple finds itself captured by the very system it helped create. Having accidentally armed its greatest competitor, there is no clear pathway for the U.S. to regain the lead it helped China take. Find transcripts, extended shownotes, and more on our Substack.

Last week, U.S. President Trump signed four executive orders to accelerate nuclear power deployment: Deploying Advanced Nuclear Reactor Technologies for National Security Reinvigorating the Nuclear Industrial Base Ordering the Reform of the Nuclear Regulatory Commission Reforming Nuclear Reactor Testing at the Department of Energy To help us understand the implications of these executive orders, I was joined by Thomas Hochman, director of infrastructure policy at the Foundation for American Innovation. We discuss the policy shifts needed to bridge political divides and streamline regulation as the U.S. grapples with rising energy demands driven by artificial intelligence and national security concerns. Are these executive orders enough? Is America’s nuclear resurgence is feasible, or merely rhetorical, amidst a competitive global landscape dominated by China and Russia?

This week, we look beyond the physical infrastructure supporting our lives to the owners taking over that infrastructure: asset managers. Brett Christophers, an author, professor, and economic geographer at Uppsala University in Sweden, joins me to explore the troubling transformation of infrastructure ownership in today's economy. From housing to energy to water, massive asset management firms like Blackstone and Brookfield have positioned themselves more and more between citizens and essential services, extracting wealth while taking minimal risk. Christophers explains how this shift from public to private control has reshaped our relationship with everyday infrastructure, particularly as we attempt to transform our energy supplies. He argues that the profit-driven approach of these financial giants is at odds with the public good, creating a system where even as things like renewable technology get cheaper, their deployment slows due to insufficient returns for investors.

In the wake of Europe's largest blackout in decades, commodities investor Alexander Stahel helps us to understand the physics of power grids, and how Spain's celebrated renewable transition became its Achilles' heel. He introduces the “hellbrise” phenomenon—excessive, rather than too little, renewable generation—as he considers the role of grid inertia in preventing minor disruptions from cascading into failures in mere seconds. Spanish energy policy isn’t the first time that green idealism has brushed over the fundamental requirements of reliable electricity, and it is unlikely to be the last. But it has certainly provided a stark example of the dangers that await such an oversight.

This week, we cover the recent blackout on the Iberian peninsula. Guillem Sanchis Ramirez, a Spanish nuclear engineer and advocate, walks us through the event that plunged over 50 million people into powerlessness and the power grid on which it happened. We cover Spain’s precarious dance with renewable energy, its political resistance to nuclear power, possible paths forward for the country’s energy supply, and our essential human reliance on stable electrical systems. Note: This interview was recorded on April 30, 2025, still in the midst of the story’s rapid development.

This week, we take a break from nuclear power to talk about larger systems: those of Planet Earth. Professor Andy Knoll, renowned Harvard geologist and author of A Brief History of Earth, reveals how life itself has shaped Earth's chemistry, climate, and geology. From the oxygenation of Earth's atmosphere to the potential colonization of Mars, we explore the constant and delicate dance between life and the planet. Read extended shownotes on Substack.

This week, we talk High Temperature Gas Reactors, or HTGRs, with a Decouple favorite: reactor designer and nuclear historian Nick Touran (What Is Nuclear | X). From the first conceptual sketch of an HTGR in wartime labs to today’s revival by players like X-energy and China’s fast-moving reactor fleet, we dissect what makes HTGRs unique—both in engineering promise and the difficulties that have long haunted their success. With helium cooling, TRISO fuel, and ambitions beyond electricity into process heat and industrial decarbonization, HTGRs may be poised for a comeback. But will history repeat itself, or finally break the cycle? Read longer show notes and support Decouple on Substack.

This week, we go to China. I spoke with David Fishman, senior manager at The Lantau Group, on the motivations and strategy behind China’s world-leading electrification efforts. What seems like a climate-action utopia to Western analysts appears to be a pragmatic response to pollution and energy security concerns. China's vulnerability to maritime oil blockades has spurred aggressive electrification across transport, industry, and urban infrastructure; and its state capitalist model has enabled a pace and scale of investment in nuclear power, electrified transport, and renewable energy that makes Western efforts to achieve an energy transformation look piecemeal. Watch on YouTube.

This week, we talk tools. With precision machinist Noah Rettberg, we explore a facet of modernity as important as energy, for it is the technology that energy powers and the technology that makes that technology: machine tools. Noah draws from his professional knowledge and passion for history to takes from Roman metallurgy through the guild-protected craftsmanship of medieval Europe to the steam-powered revolution in machining to the cutting-edge of metalworking tools. Riveting!

Mark Nelson, managing director of Radiant Energy Group, joins us for a Masterclass on the slippery subject of oil. We zoom from ancient plankton to modern empires to see how a mysterious black liquid birthed from prehistoric seas now powers our civilization, touching on the complex chemistry, geology and history of oil.

This week, we talk radiation—the elephant in the room during many conversations about nuclear power. Nick Touran, a reactor designer and nuclear historian, helps us along. While nuclear advocates have made remarkable strides in dispelling public fears about radiation, Touran warns against the pendulum swinging too far toward complacency. We explore why maintaining a healthy respect for radiation remains crucial even as we champion nuclear power's expansion. Read the extended shownotes on Substack.

Molten Salt Reactors are often portrayed as nuclear’s great missed opportunity, promising unparalleled safety, efficiency, and fuel sustainability. But are these promises reality or hype? Nick Touran, reactor designer and nuclear historian, joins me to tell the complex story behind molten salt reactors—from their ambitious beginnings during Cold War nuclear airplane experiments to the realities of managing radioactive liquid fuels. This conversation clears the mist around one of nuclear's most intriguing yet misunderstood technologies.Read more in-depth show notes on Substack.

This week, we talk Boiling Water Reactors (BWRs) with James Krellenstein, the CEO of Alva Energy. We dive into the engineering, history, and physics of these reactors, how they differ from other designs, and why the United States may have erred in not choosing the Advanced Boiling Water Reactor (ABWR) instead of the Westinghouse AP-1000 for the Vogtle nuclear power plant.For this episode, we’ve included a glossary below to help with unfamiliar terms: ABWR: Advanced Boiling Water Reactor ATWS: Anticipated Transient Without Scram BORAX experiments: Historical experiments testing reactor limits through deliberate failures BWR: Boiling Water Reactor COPS: Containment Overpressure Protection System CRDM: Control Rod Drive Mechanism ESBWR: Economic Simplified Boiling Water Reactor FLEX: Diverse and Flexible Coping Strategies (post-Fukushima enhancements) FOAK: First of a kind IGSCC: Intergranular Stress Corrosion Cracking NOAK: N-nth of a kind NRC: Nuclear Regulatory Commission NSSS: Nuclear Steam Supply System (N Triple-S) PRA: Probabilistic Risk Assessment PWR: Pressurized Water Reactor RCIC: Reactor Core Isolation Cooling System RPV: Reactor Pressure Vessel SLC: Standby Liquid Control System Read more on Substack!

This week, we talk industrial policy. Economist and author Steve Keen joins me to shine light on the present moment by exploring the historical use of tariffs and industrial policy in the development of industrial powers from Britain to China. In his usual style, Keen aims to dismantle the myths of free-market economics, explaining how virtually every successful industrial nation began with protectionist policies. With the US now engaged in a trade war with Canada and other nations under Trump's renewed tariffs, we examine whether such measures can effectively rebuild American industry without the comprehensive industrial policies that powered China's meteoric rise. Hint: Keen believes this simplistic tariff solutions may create more chaos than revival for America's industrial base.

Today, we talk uranium nuclear fuel. MIT Professor Koroush Shirvan, joins me to dive into the hidden complexities of nuclear fuels. From early fuel experiments that saw uranium rods turn into spaghetti-like structures under neutron bombardment to the intricate economics shaping the future of fuels like TRISO, Shirvan offers insights into the realities behind nuclear power’s remarkable yet challenging fuel technologies. Listen to discover how history shaped today's dominant fuel choices, why accident-tolerant innovations are critical, and about the economic realities that could either launch or limit the nuclear renaissance.

Two thought leaders in the nuclear energy conversation, James Krellenstein and Ted Nordhaus, join Decouple for a “debate” over the question of reactor size: should advanced, small nuclear technologies lead the way for nuclear energy, or should conventional large reactors? What could have been a heated debate over nuclear energy's future ended up a nuanced discussion about the industry’s challenges—and how to overcome them. James Krellenstein is the co-founder and CEO of Alva Energy. Ted Nordhaus is the co-founder and executive director of The Breakthrough Institute.

Jeff Waksman, program manager for Project Pele, joins Dr. Chris Keefer to discuss the impetus for the military microreactor project, the logistics and energy challenges at the heart of modern warfare, and the technical considerations of microreactor development. Few voices are more qualified to speak on the state-of-the-art in tiny nuclear reactors. Tune in. Support Decouple: https://www.decouple.media

Steve Keen, economist and author, joins me to explain how modern economics has catastrophically misunderstood the role of energy in our world and underestimated the risks of climate change through oversimple models. In this in-person conversation, we discuss the evolution of economic thinking since feudalism, the shortcomings of prevailing economic models, modern monetary theory, the role of state capitalism in funding large infrastructure projects, and much else. Tune in! -- Support Decouple: https://www.decouple.media/

Phil Chaffee, Editor of Nuclear Intelligence Weekly and Bureau Chief of Energy Intelligence’s New York offices, joins me to discuss the implications of a second Trump administration on U.S. nuclear energy. Will the tantalizing nuclear power purchase agreements signed by hyperscalers evaporate as carbon pricing becomes less likely? Will free-market ideology manage to sustain the government support needed to deploy nuclear power at scale? We speculate about these questions and more. Note: This interview was recorded on 20 November 2024.