Insull

Is There an A.I. Bubble? A Debate.

The Ezra Klein Show, 16 October 2026. The book comes up at 1 hr 8 min in.

Paul Kedrosky recommends Insull by forrest MacDonald, a biography of Samuel Insull, one of the most important but now largely forgotten entrepreneurs of the 1920s. Kedrosky says Insull's electricity empire shows how even successfully building a business atop a general-purpose technology can still end in collapse and calamity.

Listen to this episode ↗︎