The Baby Bust: How The Toxicity Crisis Could Cause the Next Economic Crash with Jeremy Grantham

(Recorded December 5, 2024)   It’s not everyday that a stranger thanks you for ‘ruining their life’. In this heartfelt Frankly, Nate reflects on a powerful encounter with a venture capitalist whose life was upended - and ultimately enriched - after immersing himself in the full content of The Great Simplification podcast. This man’s journey from techno-optimism to a deeper understanding of the limits of infinite growth on a finite planet shines a light on the purpose of this channel: to inspire and equip curious, prosocial individuals to channel their skills and creativity toward building a future that’s better than the default. Nate shares an email from this listener, detailing the emotional and intellectual wrestling match of confronting uncomfortable truths. From sleepless nights to moments of clarity, this journey underscores the transformative power of knowledge - not just to inform, but to empower action, shifting us from passive consumers of content to active creators of responses. What does it feel like to be confronted with the uncomfortable realities of the systems synthesis? Is it worth it? And are you ready to join a growing community of changemakers leaning into this challenge?   Watch this video episode on YouTube   --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Conversation recorded on November 5th, 2024)     It is no secret that population dynamics significantly impact global stability. But what’s really behind today’s shifting global birth trends, the increased need for medically-assisted pregnancy, and the changing age demographics of industrialized nations? Furthermore, what are the implications of these shifts for future economic security?  Today, Nate is joined by investment strategist Jeremy Grantham to discuss the critical but underreported issues surrounding toxicity and public health – particularly endocrine disruptors and their impact on human fertility, longevity, and societal structures.  In this important conversation, Jeremy highlights the ubiquitousness of toxicity in our modern environments, the cultural and economic factors contributing to declining fertility rates, and the urgent need to transition to non-toxic materials and energy sources.  In what ways could population decline pose serious economic challenges, particularly in aging societies? How might the alarming drop in sperm count affect future policies on immigration? Finally, how can we detoxify both our environments – and capitalism – before it’s too late?   About Jeremy Grantham: Jeremy Grantham co-founded GMO in 1977 and is a member of GMO’s Asset Allocation team, serving as the firm’s long-term investment strategist. He is a member of the GMO Board of Directors, a partner of the firm, and has also served on the investment boards of several non-profit organizations. Additionally in 1989, Jeremy co-founded the Grantham Foundation for the Protection of the Environment. Prior to GMO’s founding, Mr. Grantham was co-founder of Batterymarch Financial Management in 1969 where he recommended commercial indexing in 1971, one of several claims to being first. He began his investment career as an economist with Royal Dutch Shell. Mr. Grantham earned his undergraduate degree from the University of Sheffield (U.K.) and an MBA from Harvard Business School. He is a member of the Academy of Arts and Sciences, holds a CBE from the UK and is a recipient of the Carnegie Medal for Philanthropy.   Show Notes and More Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Conversation recorded on December 2nd, 2024)   One of the central ecological challenges of our time is addressing the plastic and petrochemical pollution that has exploded over the past several decades. This global issue will require the cooperation of all nations. But based on the disintegration of UN negotiations for a treaty on plastic pollution last Sunday, this is easier said than done.  In this special episode, Nate is joined by toxicologist Jane Muncke, who provides an in-depth analysis following the final day of discussions in Busan, South Korea. Together, they explore the complex intergovernmental negotiations that have defined the treaty process, as well as the environmental and health policies that have shaped these conversations in recent years. Will we ever be able to place chemical safety and public health above economic motivations at the global level? Could increased public awareness of the way these seemingly convenient products affect our health and well-being finally shut off the plastic tap? Finally, is it possible for the treaty to go beyond waste management and recycling, to instead move towards reducing the production and consumption of plastics at the source?    About Jane Muncke:  Jane Muncke holds a doctorate degree in environmental toxicology and a MSc in environmental science from the ETH Zurich. Since 2012 she has been working as Managing Director and Chief Scientific Officer at the charitable Food Packaging Forum Foundation (FPF) in Zurich, Switzerland. FPF is a research and science communication organization focusing on chemicals in all types of food contact materials.  Jane Muncke is a full scientific member of the Society of Toxicology (SOT), the Society for Environmental Chemistry and Toxicology (SETAC), the American Chemical Society (ACS) and the Endocrine Society. Since 2019, she has been an elected expert member of the Swiss Organic Farming Association Bio Suisse’s committee on trade and processing where she contributes to further developing the standards for processing and packaging of organic food. She is a director of the FAN initiative, a collective of experts warning about resource overshoot, the polycrisis, and related societal collapse.   Show Notes and More Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Recorded November 26, 2024)   As we piece together the different facets of our reality, the systems synthesis which emerges confronts us with some uncomfortable truths. These are the advanced inferences rooted in the logic of The Great Simplification. They have important implications for our expectations about the future and how we should respond in the present. In this Frankly, Nate revisits some key messages from this channel and delves into some of the more challenging takeaways. The logic of the Superorganism reveals why narrow focus on solutions while extrapolating current trends will be insufficient for addressing the most important issues of our time and why these will increasingly have to be championed proactively, creatively and indirectly instead. As the biophysical and social limits to growth become harder to ignore, The Great Simplification synthesis points us to a more realistic portrait of the future: one of less for the 'median' human. Facing these realities is neither easy nor pleasant, but as more people arrive at a species-level conversation, it is necessary. Only by doing so can we look and plan several steps ahead to change the initial conditions of the future, in service of life. In what ways are free markets and technology ‘false gods’? How does the metabolic hierarchy of the Superorganism dictate what gets prioritised in global decision making? And what speed bumps lie ahead on the road to The Great Simplification?   Show Notes and More Watch this video episode on YouTube   --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners

(Conversation recorded on October 22nd, 2024)     The human system as we know it today – which powers our economies, global supply chains, and social contracts – is a fragile network based on innumerable complex components. Yet we rarely stop to recognize its many vulnerabilities, instead taking for granted that it will continue to securely operate indefinitely. But if we take a more careful look, how can we assess the risks of major catastrophic events that could destroy life as we know it?    Today, Nate is joined by Luke Kemp, a researcher whose work is focused on existential risks (or X-risks), which encompass threats of human extinction, societal collapse, and dystopian futures. How can we begin to understand the likelihood and gravity of these ruinous events, and what kinds of responses from people and governments could further undermine social cohesion and resilience? What roles do human biases, hierarchical power structures, and the development of technologies, like artificial intelligence and geoengineering, play in X-risks? How can we collaborate across industries to protect our modern systems through effective risk management strategies? And in what ways do our institutions need to become more inclusive to better democratize decision-making processes, leading to safer futures for humanity?   About Luke Kemp:  Luke is a Research Affiliate at the Centre for the Study of Existential Risk (CSER) and Darwin College at the University of Cambridge. His research focuses on understanding the history and future of extreme global risk. Luke has advised the WHO and multiple international institutions, and his work has been covered by media outlets such as the BBC, New York Times, and the New Yorker. He holds both a Doctorate in International Relations and a Bachelor of Interdisciplinary Studies with first class honours from the Australian National University (ANU). His first book on the deep history and future of societal collapse (titled Goliath’s Curse) will be published with Penguin in June 2025.   Show Notes and More Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Recorded November 21, 2024)   Two weeks ago, in a Frankly called The Battles of Our Time, Nate commented on human behavior and said that, in today's world, only three to four percent of humans are going to do the right thing and appeal to the ‘better angels’ of their nature. Today’s Frankly is a follow-up and clarification of what he meant.  It’s true that humans are deeply influenced by our evolutionary past. It is also true that our current economic structures, cultural norms, and the inner workings of the superorganism shape our actions. But the majority of our history as a species paints a more optimistic picture than our current behavior might suggest.  If we take a deeper time lens, it becomes obvious that, in order to navigate the challenges of the future, perhaps we need not look to technological innovation – but instead must return to the intrinsic values and pro-social nature of our past. Ultimately, we as individuals, and as a species, are plastic. The biggest predictor of our behavior is conforming to what others do, and what others do is going to change in the future… because it must.    Show Notes and More Watch this video episode on YouTube   --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners

(Conversation recorded on November 11th, 2024, prior to a ceasefire declared between Israel and Lebanon on November 27th, 2024)   If you’ve followed TGS for some time, you’ve heard Nate speak about The 5 Horsemen – the biggest risks for humans and civilization in the coming decade. Today’s episode delves into one of the most rapidly escalating: geopolitics.  Today, Nate is joined by Political Economy Professor Helen Thompson to explore the evolving understanding of energy's role in international relations, particularly in the context of recent conflicts in the Middle East. They discuss the challenge of anticipating the volatile changes in energy supplies, the complexities of navigating information in a rapidly changing geopolitical landscape, and the role of global powers like BRICS and OPEC. How will resource conflicts continue to shape the long-standing tensions in the Middle East? What would a transition from a unipolar world to a multipolar world mean for the global geopolitical landscape and its energy implications? Given how connected these issues are to the delicate balance of our world, how can we increase awareness and preparation for future crises?   About Helen Thompson:  Helen Thompson has been Professor of Political Economy at Cambridge since 1994. Her current research concentrates on the political economy of energy and the long history of the democratic, economic, and geopolitical disruptions of the twenty-first century. She is a regular panelist on Talking Politics and a columnist for the New Statesman. She is a co-presenter of UnHerd's podcast, These Times, and recently published Disorder: Hard Times in the 21st Century.   Show Notes and More Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Conversation recorded on September 24th, 2024)     It is frequently true that those who will inherit the greatest consequences of our climate crisis – today’s youth – have the least voice in shaping what happens next. But if given a seat at the table, what would these children have to say about creating a more sustainable path forward?  In this Reality Roundtable, Nate sits down with documentarian Damon Gameau and three young activists featured in his documentary film The Future Council, to discuss their experiences grappling with the complex challenges of transforming a system that is actively harming our planet and what they think should be done to save humanity from itself.  What do kids think about the actions of the most powerful and wealthy individuals and corporations in our global societies? How would they act differently if they had children sitting in their boardrooms? Finally, what would the world look like if we incorporated the hopes and fears of the youngest amongst us into our decision-making for the future?    About David Gameau: Damon Gameau is an Australian film director, speaker and author. In 2015, he turned to activism with his debut feature documentary ‘That Sugar Film’, which sold to 25 territories and received numerous awards. Damon then directed the climate solutions feature documentary ‘2040’ and authored an accompanying book ‘2040: a Handbook for the Regeneration’. Both films sit in the top 10 highest grossing Australian documentaries at the domestic box office.  Damon then co-founded Regen Studios with Anna Kaplan where together they work with philanthropists and partners to build comprehensive impact campaigns for their films, raising money for ecological solutions and awareness in classrooms, boardrooms, and Parliaments around the world.    About Skye Neville: Skye lives near Fairbourne in North Wales. This village has been described as the doomed village and its residents are destined to become the first climate refugees of the Western world. For the past few years Skye campaigns against the plastic rubbish on kids’ comics and magazines. Skye is a massive fan of sailing but has a genuine dislike for plastic wrap magazines.   About Clemence “CC” Currie: She is the founder and current CEO of CCs Plastic Pick-up Crew, where they clean up local beaches in Scotland. She has a particular passion for the ocean, plastics and the climate crisis. CC loves hiking with her Dad but has no time for chocolate cake.   About Joaquin Minana: Joaquin is our straight shooter! Joaquin is from The Netherlands and has worn hearing aids since he was an infant. He speaks multiple languages and wants to use these skills to speak about the injustices of the world, as a writer or lawyer. He hates math but loves the first sound he ever heard.   Show Notes and More  Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners  

(Recorded November 12, 2024) In last week’s Frankly, Nate shared his thoughts on some of the polarities we’ll need to harmonize as we journey towards a more uncertain world. As the holidays approach for many, we will face these “polarities” head-on in relationships with family, friends, and neighbors. How could imagining the different perspectives of others allow us to have more meaningful and empathic conversations about the future?  In today’s Frankly, Nate highlights seven views of the future and how broadening our awareness to include others’ starting points might allow for greater discourse and understanding. How we view the future stems from what we care about and our expectations for humanity – from needing to stay focused solely on daily struggles to believing we’re on an endless path towards living outside our own solar system. Perhaps an even bigger factor is whether we believe we can change the trajectory of the future or if our species is simply stuck on a predetermined outcome.  How do common beliefs and fears for the future - such as colonizing Mars, degrowth, societal collapse, or climate catastrophes - shape our philosophies for the future? And while many of us may think that we have a strong synthesis of our economic, ecological, and geopolitical realities, why should we think that any one of us can predict the future with 100% certainty? Finally, how could we use these lenses when listening to others - and take a first step in a likely “bend not break” future?     Show Notes and More Watch this video episode on YouTube   --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners

(Conversation recorded on October 2nd, 2024)   For millions of years, the Amazon Rainforest has been home to a stunning array of plant and animal species, has shaped our world’s climate, provided for millions of humans, and, as today’s guest likes to put it, served as “the heart of the planet.” But what economic and political factors are putting this vital ecosystem at risk, and what can be done to keep the “world’s heart” beating for future generations of all species? In this conversation, Nate is joined by agronomist & economist André Guimarães to explore the historical context – and modern expansion – of deforestation in Brazil; the difficult relationship between local economies, animal agriculture, and the health of the Amazon at large; and the role of policy in shaping environmental and developmental outcomes. André emphasizes the importance of indigenous peoples in conservation efforts, as well as the responsibility to ‘act locally while thinking globally’ to ensure that the Amazon can continue to provide not only for its inhabitants, but for the world at large. Why is the Amazon Rainforest so important for global food production, and can it continue its massive output while sustaining the health of the forest? Why is the Amazon Rainforest burning? What is the Brazilian government's current approach to regulating deforestation, and how do local Brazillians, their families, and their economic realities fit into the conversation? Finally, how can we fulfill our global responsibility, no matter where we live, to protect it before it’s too late?    About André Guimarães: André Guimarães is the Executive Director of the Amazon Environmental Research Institute, a Brazilian think tank focused on the Amazonian challenges for reaching zero deforestation and sustainable development. He is also the facilitator of the Coalition on Climate Forests and Agriculture, a network of 200+ entities from the rural sector, academia and civil society, focused on the development of a long-term vision for land use in Brazil. Mr. Guimarães is currently the Chairman of the Board at the Amazon Institute for Mankind and the Environment. He also founded and served as the CEO of Brazil Forests, a company dedicated to forest management, conservation and restoration of natural resources.    Show Notes and More Watch this video episode on YouTube   ---   Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners