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Artwork for Complex Systems with Patrick McKenzie

Complex Systems with Patrick McKenzie (patio11)

Patrick McKenzie
Banking
Anti-Money Laundering
Know Your Customer
Real Estate Investing
Financial Systems
Landlords
Fracking
Customer Service
Compliance
Real Estate
Property Management
Big Tech
U.S. Financial Regulations
Community Financing
Cap Rates
Regulations
Los Angeles
Quantitative Trading
Openai
Solar Power

We live in a world where our civilization and daily lives depend upon institutions, infrastructure, and technological substrates that are _complicated_ but not _unknowable_. Join Patrick McKenzie (patio11) as he discusses how decisions, technology, culture, and incentives shape our finance, technology, government, and more, with the people who built (and build) those Complex Systems.

PublishesWeeklyEpisodes34Founded9 months ago
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Artwork for Complex Systems with Patrick McKenzie

Latest Episodes

Patrick McKenzie (patio11) is joined by Lars Doucet and Greg Miller, co-founders who have just launched the Center for Land Economics, to discuss improving property taxation in the US. They explore how shifting taxes from buildings to land could tran... more

Patrick McKenzie (patio11) explains the standard procedure for large withdrawals in bank branches, with particular focus on the viral story published in The Cut about a woman who withdrew $50,000 cash from a bank and handed it to scammers. Certain mi... more

Patrick McKenzie (patio11) is joined by Azeem Azhar, writer of the Exponential View newsletter, to discuss the massive data center buildout powering AI and its implications for our energy infrastructure. The conversation covers the physical limitatio... more

In this episode, Patrick McKenzie (@patio11) responds to a recent request by a crypto unicorn founder / bank CEO to retract his essay Debanking (and debunking?). Come for the note about editorial standards and independence, stay for the diss track.  more

Key Facts

Accepts Guests
Accepts Sponsors
Contact Information
Podcast Host
Number of Listeners
Find out how many people listen to this podcast per episode and each month.

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Recent Guests

Zeke Faux
Investigative journalist at Bloomberg and author of Number Go Up.
Bloomberg
Episode: Stablecoins and shenanigans, with Zeke Faux
Joshua Morrison
Leader of 1Day Sooner, an advocacy organization focusing on scientific advances against infectious diseases.
1Day Sooner
Episode: The future of pandemic preparedness, with Joshua Morrison
Jetson Leder-Luis
Assistant Professor at Boston University, Economist specializing in fraud studies
Boston University, National Bureau of Economic Research
Episode: Picking Uncle Sam's pocket, with Jetson Leder-Luis
Austin Vernon
Petroleum engineer and expert on fracking
Episode: The mad science of drilling the earth with Austin Vernon
Dan Davies
Non-fiction author, author of 'The Unaccountability Machine' and 'Lying for Money'
Episode: Balancing control and chaos: cybernetics, fraud, and modern organizations with Dan Davies
Byrne Hobart
Financial writer and analyst
The Diff
Episode: Writing the first draft of financial history with Byrne Hobart
Ricki Heicklen
Former US equities trader at Jane Street Capital and current trading educator.
Episode: How the Smart Money teaches trading with Ricki Heicklen

Host

Patrick McKenzie
Host known for his deep analytical thinking and cultural insights in finance, technology, and various complex systems.

Reviews

4.9 out of 5 stars from 299 ratings
  • Simply Superb

    Proud to deliver my first review for Complex Systems. Each episode is fun, nuanced, and supremely stimulating.

    Apple Podcasts
    5
    Neckhous
    United States21 days ago
  • Did this dude live in Japan?

    Im getting subtle hints that this guy lived in Japan. Did he? i don’t know he never mentions it directly. In all seriousness great guests with a truly smart passionate host

    Apple Podcasts
    5
    FallingPrestige
    United Statesa month ago
  • Disappointed

    Biased views and clearly leftist

    Sad just another show that is just out there to be disagreeable

    ……..

    Apple Podcasts
    2
    Peter Ahl
    United Statesa month ago
  • Great!

    Rare to hear fresh and interesting guests I don’t hear on other podcasts talking with lots of expertise and nuance but in a way that’s friendly to beginners about finance, tech, politics, whatever the topic of the week is. Great stuff.

    Apple Podcasts
    5
    Bz123po
    United States2 months ago
  • Fantastic

    Easily now my favorite podcast. I cannot believe how lucky we are that Patrick is putting this content out there every week. I have been a reader of his monthly columns for many years, but this is, if anything, even more informative and entertaining.

    Apple Podcasts
    5
    Krakesan
    United States2 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners appreciate the in-depth conversations that provide informative insights into complex topics. Many value the high quality of guests who bring unique perspectives, with themes of systemic thinking being particularly resonant. Overall, the podcast is praised for its engaging and intellectually stimulating content that challenges listeners to think critically about the systems influencing their lives. Some feedback mentions the need for clearer audio distinction between the host and guests, but the overwhelming sentiment is one of appreciation for the podcast's quality and thought-provoking discussions.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Seeing like an outsider, with Yatharth
Q: What are some of the unique experiences you've encountered while growing up as a third culture kid?
I have found that my children are experiencing cultural friction as they navigate their identities between American and Japanese cultures.
How real estate investing works with Moses Kagan
Q: What is the division of responsibilities between a landlord and a property manager?
The owner is responsible for financing and hiring a property manager to oversee the property, while the property manager ensures units are full, addresses day-to-day issues, and maintains the property long-term.
How real estate investing works with Moses Kagan
Q: Why are landlords so maligned in our culture?
Landlords are often viewed negatively because renting is a significant and legible expense for tenants, making them feel they are paying for the privilege of living in someone else's property.
Betting on the future via prediction markets, with Stephen Grugett of Manifold
Q: How does Manifold ensure the quality of prediction markets?
Manifold promotes better crafted markets through manual curation and allows users to rate market creators, encouraging the creation of clearer market criteria.
Betting on the future via prediction markets, with Stephen Grugett of Manifold
Q: What is a prediction market?
A prediction market is a platform where people can bet on the outcome of events, allowing for aggregation of information and opinions to produce accurate predictions.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
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Frequently Asked Questions About Complex Systems with Patrick McKenzie

What is Complex Systems with Patrick McKenzie about and what kind of topics does it cover?

This podcast provides insightful conversations about the complexities of systems in our society, ranging from finance and technology to government and culture. Hosted by a knowledgeable figure in online communities, the discussions often feature industry experts and thought leaders who unpack intricate topics, revealing how various decisions, technologies, and institutional behaviors intertwine. Listeners can expect deep dives into subjects like financial systems, real estate, healthcare, and even the nuances of economic policies, all framed within a context that emphasizes understanding over simplification. With a focus on actionable insights and real-world examples, this show is poised to attract those who are both intellectually curious ... more

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How many episodes of Complex Systems with Patrick McKenzie are there?

Complex Systems with Patrick McKenzie launched 9 months ago and published 34 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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