Subscribe to Chris Arnade's Substack - https://walkingtheworld.substack.com/

Who is Chris Arnade!

He started as a physicist, earning a PHD from Johns Hopkins and then took to Wall St spending two decades on an elite trading desk at CitiGroup before disillusioning his well dressed allies to engage in the photography, walking and writing of the great and forgotten cities of this world. 

He is a best selling author, but as well… a best subscribed substacker!

'Chris Arnade Walks The World' is the publications name…

And in it, Chris lives up to the title. 

Japan, Europe, China, Australia, The Faroe Islands, Canada, the expansive US of A, Turkey, Korea, Indonesia even Uzbekistan (which gets a special mention in this podcast). Cities within all of these great nations and many more, Chris has trod and documented. 

His format is slow and empathetic. Chris will embark on several 20-30km journeys at his location, take photos and then report on his walk. 

I can’t remember how long I’ve been subscribed, although it feels like years, but the other day I woke up to an email which detailed Chris’s initial impressions of Sydney! I replied to the email right away, and just a few hours later was guiding him along the Malabar to Bondi trail. Steve and I - guiding Chris from the area I grew up to the most iconic beach in Australia. 

That was a special serendipity which came out of no-where and furthermore, led to this podcast today...

• 00:00 Introduction to Chris Arnade — physicist, Wall Street trader, turned global walker/writer.
• 02:00 First impressions of Sydney — “child of LA and London,” with beaches, pubs, suburbs, and good living.

Sydney Observations

• 03:40 Sydney’s trains: efficient, sprawling, but designed to avoid beaches.
• 06:00 Sydney friendliness vs. UK cynicism — “Australians are like puppy dogs, eager to please.”
• 09:30 Suburbs as “democratized manors,” good life for the average person, housing affordability issues.
• 13:00 Housing supply constraints, coastline beauty, and why Sydney isn’t as bad as people think.

Walking & Method

• 16:30 From physics & Wall Street to walking: walks as stress relief, learning, meditation.
• 20:30 Spreadsheet brain → toy models → refining worldview through walking.
• 22:30 Cities that defied expectations: Tashkent & Jakarta.

Global Perspectives

• 25:30 Africa’s challenges: Nigeria & Dakar as examples of dysfunction despite resources.
• 29:00 Australia’s weak ties with Indonesia, lack of Indonesians in Sydney, food culture, overlapping economic models.
• 33:30 Chinese-Indonesian business dominance — parallels to Jews, Lebanese, minorities elsewhere.
• 36:00 High-trust vs. low-trust societies: Japan as the archetype.

Culture & Writing

• 41:30 Why he avoids fame, prefers anonymity, but respects subscribers deeply.
• 44:00 Pressure to deliver as a Substack writer — treating it like a job.
• 47:00 Writing inspiration, uninspired cities (Bangkok), and the challenges of always producing.
• 53:00 Strong opinions drive traffic

Dignity & Underclass

• 55:00 “Dignity” project in the US — underclass and addiction.

Personal Life

• 56:20 Family and frugality
• 58:50 Why he doesn’t read other travel writers

Philosophy & Serendipity

• 01:04:50 Serendipity? “I don’t believe in coincidence.” 
• 01:07:00  Country he’s most bullish on
• 01:09:00 Next destinations

Subscribe to Nicholas Gruen's Substack - https://nicholasgruen.substack.com/

I joined the Australian economist Nicholas Gruen recently in his Melbourne home to host his first 'long-form' podcast (although I'm not sure at what hour it goes from short to long)

At the core of Gruen's worldview is the “un-seriousness” he levels at Australian politics, the media landscape, institutions and in a word... bureaucracies.

From his creation of the HALE Index to his decades inside Australia’s public institutions, Nicholas continuously challenges orthodox thinking.

The podcast covers the (in my opinion) radical yet (Nicholas's opinion) ancient idea of citizens’ juries as a second pillar of representation, the reasons bold policy rarely survives bureaucratic reality, and how lessons from the Toyota production system could help governments actually listen to people at the bottom of the hierarchy.

Along the way, Gruen takes us from Australia’s superannuation system to pokies, from the mental health crisis to the subtle erosion of public-spiritedness inside organisations. 

To be specific, these are all the topics covered in this chat.

• The HALE Index of Well-being – Why GDP misses the mark, how HALE works, and what it reveals about Australia’s progress.
• Measuring What Matters – The limits of subjective well-being metrics, correlations between indicators, and why faux indexes mislead policymakers.
• Indigenous Policy Contradictions – The tension between material “gap closing” and self-determination, and why policy rarely confronts it.
• Citizens’ Juries & Political Reform – Introducing random selection into governance and how it could act as a check on elected officials.
• Goodhart’s Law in Action – How turning measures into targets corrupts them, and the problem of gaming metrics in education and beyond.
• Internal vs External Goods – Alasdair MacIntyre’s framework and its relevance to public service, corporate culture, and motivation.
• Institutional Stagnation – Why promising initiatives stall, and how bottom-up programs could scale without being crushed by bureaucracy.
• Toyota Production System Lessons – Building respect for frontline workers into systems and how it transforms performance.
• Australia’s Superannuation System – Strengths, inefficiencies, unfair taxation, and misaligned regulation of self-managed super funds.
• Compulsory Voting & Preferential Systems – How they shape Australia’s political centre and guard against extreme populism.
• Universities Today – The shift from idea-driven discourse to metric-chasing careerism, especially in economics.
• Trade-offs vs Synergies – Why economics often overemphasises trade-offs, and examples of where quality and cost improve together.

Timestamps

00:00 Introduction to Nicholas Gruen
05:41 The Limitations of GDP as a Measure
11:08 Inequality and Its Impact on Well-being
16:45 The Role of Metrics in Policy Making
22:10 The Importance of Community Engagement
41:48 Connecting Education to the Real World
47:24 Learning from Toyota's Success
56:52 The Flaws in Superannuation System
01:02:55 Reforming Auditing Practices
01:11:39 The Shift in University Education
01:20:59 Divergent Perspectives in Economics
01:32:49 Rethinking Representation in Democracy
01:48:25 The Role of Elite Consensus in Political Change
02:07:58 Understanding Domestic Violence in Indigenous Communities
02:21:55 The Role of New Media in Political Discourse
02:26:38 The Impact of Gambling on Australian Society
02:36:08 The Nature of Optimism and Serendipity in Life

Geothermal Energy Starter Pack (Geothermal Interviews On A Curious Worldview Podcast)

Curious Worldview Newsletter - https://curiousworldview.beehiiv.com/subscribe

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Quaise are on the other side of the most exciting week in their companies short history. They use millimeter wave energy from a gyrotron to vaporise rock and create boreholes for accessing deep geothermal energy, offering an alternative to costly traditional drilling methods for accessing those critically hot depths. 

It is an extremely ambitious, exciting and unique ambition - and Quaise have now proven their technology is applicable outside of theoretical and controlled lab conditions. They have successfully dug to a depth of 100m with their technology at a sight just outside of Austin, Texas - and therefore, move one step closer to realising their goal for adding electrons at scale to the grid.

Matt Houde is the Co-Founder of Quaise. This is the second time he's joined me on the podcast. In this interview today we discussed the success of Texas, the business model of Quaise, serendipity in innovation, politics and finance for Quaise and plenty more in between… 

Sam Roggeveen - The Echidna Strategy

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Sam Roggeveen coined The 'Echidna Strategy' -  which is an on the nose metaphor for thinking about Australian Defence policy. 

Echidna’s are a tiny, cute little animals native to Australia. They are essentially harmless, they only eat ants and termites but despite their size and vulnerability, they have evolved this incredible defensive system. Their bodies are covered in long, spiky thorns thereby making them immune to pretty much all types of attacks that might come from animals higher in the food chain. 

So in a nutshell, Sam wants Australia to be more like echidna’s, a threat to nobody, but disastrous to anybody that should attack them. 

In the podcast we discussed Australian defense policy in a changing global landscape. How Australia can become a self-reliant power, the implications of China's military rise, and the evolving role of the United States in the region. 

Sam shares his thoughts on the importance of ambition in leadership, the potential for an Australian-Indonesian alliance, and the strategic mistakes of AUKUS.

Sam worked as an intelligence analyst at Australia's Office of National Assessments before he joined the Lowy institute where he now serves as the Director of the International Security Program, where he leads Australia's defence strategy, US foreign policy and Chinas military development. 

The opening few minutes of this are not the best audio, but after that it kicks into studio quality. This was recorded in person in Canberra, it is my pleasure to welcome Sam Roggeveen to the podcast…

Pat McGee - Apple in China

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Each year, Apple sells more than 100 million unit's of it's various products, with some factories capable of producing up to 500,000 iPhones (alone) per day. 

This scale of quality and quantity is not replicated anywhere else in history. And it's all down to the special and unique relationship between one of the world's largest hardware companies, Apple and the worlds largest manufacturer, China. 

Pat McGee wrote the book on this... 'Apple in China', and joins me for a discussion which explores the intricate relationship between Apple and China's manufacturing landscape. Tim Cook's pivotal role, the challenges of relying on China for production, and the unique conditions that have allowed China to dominate the manufacturing sector. Pat reflects on the geopolitical implications of Apple's strategy and the serendipitous nature of his writing process, culminating in a discussion about the future of industrial statecraft and the lessons learned from Apple's experience.

00:00: Pat McGee
02:52: Tim Cook's Role in Apple's Success in China
06:00: Apple's Reliance on China and Its Vulnerabilities
12:12: The Scale of Apple's Manufacturing and Its Implications
18:12: Foxcon & Terry Gou
24:03: China's Manufacturing Strategy and Apple's Role
29:59: China's Ambitions and Apple's Unintentional Consequences
39:50: The Journey of Writing The Book
44:05: Leaning Into Serendipity
51:31: The Impact of Apple's Industrial Strategy
58:59: Geopolitical Implications of China's Manufacturing
01:08:02: Doing Jon Stewart!

Uncomfortable Conversations Podcast

Uncomfortable Conversations Substack

Curious Worldview Newsletter - https://curiousworldview.beehiiv.com/subscribe

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Josh Szeps is a broadcaster, political commentator, and in my opinion, Australia's best interviewer. 

He has, afterall, conducted thousands of them… and from many different pulpits. Whether it’s podcasting, Huffpost live, or radio, Josh has interviewed everyone from the biggest celebrities in the world, to academics, to geopolitics, to culture wars, comedy, economics and all the rest in between - it’s incredible how flexible Josh is and how well he can extemporaneously talk about or ask the right questions of, seemingly any topic. 

He’s also someone who has been doing this for decades, and seen from the front row the two most significant disruptions to media over that time. I wanted to get something evergreen on Josh’s worldview and evolving timeline of a career…
Josh Szeps is the creator and host of one of my favourite podcasts, ‘Uncomfortable conversations’, and author of a substack by the same name. 

00:00 - Who Is Josh Szeps
05:16 - Navigating Career Paths: Serendipity and Ambition
18:08 - Finding Aliveness: Reflections on Career and Life
22:34 - The Journey to New York: Opportunities and Challenges
33:19 - The Journey to HuffPost Live
37:39 - Memorable Interviews and Guests
39:20 - Preparation for Interviews
42:21 - The Importance of Collaboration
49:12 - Norm MacDonald & Joe Rogan 
58:41 - The Joy of Media Engagement
01:00:02 - Navigating Life Changes and Career Transitions
01:10:50 - Alan Jones
01:11:52 - The Influence of Podcasting
01:12:35 - Living in Australia vs. the US
01:15:09 - The Future of Independent Media
01:21:40 - Innovating in Media Formats

Apologies for my tardiness!

A lot has been going on (including recording lot's of episodes).

I'm keen to hear from you - my email is here - [email protected]

In no particular order...

• Josh Szeps 
• Robyn Davidson 
• Nicholas Gruen 
• Gideon Haigh 
• Tim Cope 
• Sam Roggeveen 
• Pat McGee
• Lawrence Kraus 

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Arne Anderson, Three Tours In Afghanistan For The Swedish Military #46

Swedens Elite Police Unit, Piketen #146

Christopher Neijd Police Lieutenant in Södertälje & Southern Stockholm #165 

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Because of my old mate, Arne Andersson - I’ve been incredibly lucky to have gotten to know several of his old military buddies. There are those listed above...

And then there is my guest for this episode today, courtesy to the serendipity proximate to Arne…

Peter, whose full name will remain redacted - is the head of the isolation ward at Kumla prison, which is the largest maximum security prison in Sweden. We recorded this about 6 months ago, so I am very late to publish, but I hope you’ll agree that the contents are evergreen. Not tied down to any particular time and news, and therefore as useful now as it would have been then as it will be in 5 years time. 

Pete and I sat down together to record this one in Stockholm last late Autumn, it’s as many ins and outs of the prison system that I could think to ask Peter. This is an exhaustive list, but it includes inmate demographics, the impact of overpopulation, the complexities of rehabilitation, the psychological effects of prison on both inmates and staff. the crucial differences between the Swedish prison system other countries, and how it’s portrayed in the media, particularly regarding sentencing and the rehabilitation processes. the challenges of institutionalisation, the dynamics of inmate behaviour. Leadership and de-escalation techniques in managing inmate interactions, as well as the influence of gangs and ethnic divides within the prison system. Informal power dynamics among inmates, the prevalence of violence, self-harm, and the challenges faced by prison officers. The changing attitudes of younger inmates towards authority, the psychological impact of incarceration, and the ongoing issues of contraband and drug addiction. The discussion also touches on the responsibility of prison staff to understand and support inmates, the metrics used to evaluate prison conditions, and the societal perceptions of crime and punishment.

In between all that there is as well Peter’s good humour and the natural tangents much of that may draw you down…

00:00 - Who Is Peter & Intro
03:02 Demographics and Overpopulation in Kumla Prison
05:51 Crime Types and Inmate Behaviour
09:00 Rehabilitation and Sentencing in Sweden
11:59 Isolation Units and Mental Health
14:48 Challenges of Overpopulation and Violence
18:05 Administrative Costs and Efficiency
20:56 Psychological Impact of Isolation
23:53 Interactions with Inmates
27:04 Handling Manipulation and Trust
30:00 Sympathy for Inmates and Their Stories
32:48 Mental Health and Rehabilitation Challenges
35:56 Conclusion and Reflections on the Prison System
45:09 The Nature of Work in Prison
51:49 Rehabilitation vs. Punishment in Nordic Prisons
56:08 Institutionalization and Its Effects
01:01:22 De-escalation Techniques in High-Stress Environments
01:08:15 Leadership in Correctional Facilities
01:16:55 Gang Dynamics in Swedish Prisons
01:26:13 Understanding Power Dynamics in Prisons
01:29:07 The Reality of Violence in Prisons
01:31:34 Addressing Self-Harm and Mental Health Issues
01:34:19 The Challenge of Knowing Inmates
01:36:34 Evaluating Prison Metrics and Crime Hierarchies
01:38:52 Religious Practices and Beliefs in Prisons
01:41:01 Changing Dyn

Watch on Youtube instead - https://youtu.be/RinLuTi04cI

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Colin Thubron (Link's to all books)

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Colin Thubron is one of the greatest living travel writers. 

He started with the Mirror To Damascus in 1967 and with more than half a century and 18 travel books later published his journey along the Amur River just a few years ago. He’s a contemporary of Theroux, Chatwin, early Dalrymple and inspiration for the newer generation of his genre, the likes of Rory Stewart, Levison Wood and many, many more. Colin has been a dream guest of mine for many years.

This interview travelled a line across the map of his career. Colin reflects on his many experiences in Russia and China, the impact of historical events like the Cultural Revolution, the collapse of the Soviet Union - and the broader evolution of travel writing throughout the years. He gets into the effects of globalisation on cultural identities and how it’s effected his experience over the decades. Colin observes the complexities of nationalism and patriotism, and as well discusses the role religion in his life, the nature of belief, and the rationality behind it all. Colin then comments on mortality and his legacy which leads to a discussion on how travel can serve as a coping mechanism for grief. Plus, together we also touch on the choices and more difficult trade offs surrounding parenthood and career, his aspirations for future literary projects, and the influence of serendipity behind it all. 

I can see from the analytics that not even 20% of you who are listening are following the show, I wish this to be 100! Therefore I would ask that you please consider following the show - whether on Spotify or Apple, this, alongside the reviews makes all the difference in the world… 

00:00 - Colin Thubron
02:29 - Reflections on Travel Writing
07:15 - Evolving Perspectives on Russia
10:36 - Cultural Observations in China
15:02 - The Impact of Travel on Identity
22:09 - The Evolution of Travel Writing
32:47 - Brexit and Nationalism: A Personal Reflection
39:55 - The Imprint of Home
46:10 - Religion
50:12 - The Impact of Travel on Grief
56:03 - Influences and Inspirations in Writing
01:03:28 - Serendipity

Consider leaving a review on whichever platform you're listening on!

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Watch on Youtube instead - https://youtu.be/w6Vpcy2cdRk

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Philippe Gijsels Book - https://www.amazon.com/World-Economy-Trends-superinflation-hyperinnovation/dp/9401409013

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The following is with Philippe Gijsels, the Chief Strategy Officer at BNP Paribas Fortis - he co-wrote a book last year called The New World Economy in 5 Trends - which within, reveals much of the new map we now inhabit, especially in light of the perplexing chaos of spearheaded by America’s sloppy leadership in the last weeks. 

Philippe is an erudite bookophile and a banker, a combination that seems not uncommon among the best investors. He and I have been speaking since last year in anticipation of recording this podcast today. I hope you enjoy it. 

I wanted to get the interview into the meat of the book as quickly as possible, therefore, took more liberties with editing than I usually do and have excised a part of the podcast to the end of the discussion. The excised component  was an explanation and brief discussion on the idea of Reflexivity. 

As always, you can navigate through the rest of the show through the timestamps.

Consider leaving this 5 stars on Apple or Spotify - nothing does more to drive the show to new viewers.


00:00 - Philippe Gijsels
02:54 - Understanding the Fourth Turning
11:38 - Serendipity in Innovation
14:40 - Interest Rates & Tolkien
20:52 - The Impact of Inflation on Individuals
26:49 - Wealth Inequality 
39:38 - The Shift to Multi-Globalisation
47:55 - The Future of Work and AI
56:23 - Europe's Role in a Multi-Globalised World
01:12:19 - The Commodities Bull Market
01:14:47 - Demographics and Economic Implications
01:20:46 - Serendipity
01:27:02 - Reflexivity in Economics and Markets

Consider leaving a review on whichever platform you're listening on!

🍻☕: https://www.buymeacoffee.com/ryanhogg
Follow me on Instagram – @ryanfhogg
Follow me on Twitter - https://x.com/ryannfhogg