We’re in a moment in world history where a lot of big global paradigms are dying. For decades, Europe was basically peaceful. That paradigm has gone up in smoke. For decades, the relationship between the U.S. and China was one of mutual dependency and growth. That paradigm, I think, is changing rapidly as the U.S. moves toward a new industrial policy and China shrinks inside a shell of authoritarianism. And for decades, low interest rates shaped the world—the companies that got started, the grow...
Oct 28, 2022•57 min•Season 1Ep. 105
About a week ago, a new global news organization launched called Semafor. Ben Smith is its cofounder and editor-in-chief. We offer a brief history of news media in the 21st century and talk about why in some ways the news business is more like the 19th century than the 20th. We discuss what to say to investors when you’re trying to get their money to start a new media company, and debate why TikTok is the biggest undercovered media story in the world. Host: Derek Thompson Guest: Ben Smith Produc...
Oct 26, 2022•41 min•Season 1Ep. 104
We’re coming down to the wire, and Democrats' hopes of holding onto the Senate and the House are fading fast. Two months ago, the story was that Democrats seemed poised to pull off an upset and hold onto the Senate despite the fact that the party in power almost always loses seats in the midterm election. But now, the Senate looks like a toss-up. It’s not just Democrats who are facing challenges this year—pollsters are too. Error margins are rising as fewer people are responding to survey calls....
Oct 25, 2022•47 min•Season 1Ep. 103
For years, liberals have deluded themselves into thinking that Donald Trump was always on the verge of some calamitous legal defeat. Robert Mueller was made into an icon of the left. But no charges were filed. The Russiagate theory had a lot of smoke, and even some fire, but it failed to put Trump in a courtroom. At this point, you could be forgiven for checking out entirely on the efforts to charge Trump with crimes, since they all seem to end the same way. Without an indictment. If that’s goin...
Oct 18, 2022•47 min•Season 1Ep. 102
Stanford University professor Nicholas Bloom joins the show to talk about how the hybrid work revolution is going, and how the weakened connection between work and home continues to change where Americans live, how they travel, how they spend their time, how they raise their kids, and even how much time they spend combing their hair (survey says: less!). If you have questions, observations, or ideas for future episodes, email us at [email protected]. You can find us on TikTok at www.tikto...
Oct 14, 2022•48 min•Season 1Ep. 101
This is the 100th episode of Plain English! I don’t know how that’s possible. Thanks to all of you who have listened. This has been a ton of work and a ton of fun. I’m still figuring out what this show is; how to balance news and tech gossip and big society questions and war coverage. There are days I think I know exactly what I’m doing and days I think I know even less than when I started out. And I just want to say to all the folks who have, on any medium, offered negative feedback or positive...
Oct 11, 2022•1 hr 3 min•Season 1Ep. 100
This week, the Yankees' Aaron Judge hit his 62nd home run of the season, and it’s triggered a ferocious debate that has a lot of people very worked up over a deceptively simple question: Who is baseball’s home run king? In 2001, Barry Bonds hit 73 home runs. In 2022, Judge hit 62 home runs. Seventy-three is more than 62. Those are facts. But Barry Bonds used steroids. Other sports, like cycling, have stripped athletes of records and championships if they’re caught doping. Lance Armstrong won sev...
Oct 06, 2022•1 hr 10 min•Season 1Ep. 99
What if, in trying to fix the hangover of domestic inflation, the Federal Reserve is accidentally triggering a series of diabolical domino effects that could screw up the global economy? Joining the show today to walk us piece by piece through those dominos is Kyla Scanlon, a writer and brilliant economic explainer on TikTok and YouTube. Kyla is an expert at what I try to do with this show, which is to explain complicated ideas in simple ways without losing the nuance that makes them complicated...
Oct 04, 2022•44 min•Season 1Ep. 98
A wide-ranging conversation with speaker and star podcaster Scott Galloway ('The Prof G Pod,' 'Pivot') on his new book 'Adrift,' why being a pundit means being a talented “catastrophist,” the struggles of broke and lonely men, the upside of crypto, and the dark side of the metaverse. If you have questions, observations, or ideas for future episodes, email us at [email protected]. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Scott Galloway Producer...
Sep 29, 2022•59 min•Season 1Ep. 97
Last week the Federal Reserve raised interest rates by 0.75 percentage points, continuing one of the fastest escalations of the benchmark rate in history. Jerome H. Powell, the Fed chair, warned that more pain was to come as the central bank fixes its eye on Sauron on our core inflation. But the theme of this episode is that U.S. interest rate policy does not stop at the U.S. border. Our monetary policy is a lever that moves the world. Soon after the Fed’s announcement last week, the British pou...
Sep 27, 2022•39 min•Season 1Ep. 96
American men have a problem. They account for less than 40 percent of new college graduates but roughly 70 percent of drug overdose deaths and more than 80 percent of gun violence deaths. As the left has struggled to offer a positive vision of masculinity, male voters have abandoned the Democratic Party at historically high rates. Brookings Institution scholar Richard Reeves, the author of a new book 'Of Boys and Men,' joins the show to ask and answer a number of controversial questions: Why do ...
Sep 23, 2022•52 min•Season 1Ep. 95
Today’s episode is about the science of self-talk—and how our relationship to our own inner monologue can become toxic. Psychologist Ethan Kross joins the show to explain his work on emotion regulation, his book 'Chatter' on the science of negative self-talk, why the ability to have an inner monologue can be a kind of superpower, and how to harness it. If you have questions, observations, or ideas for future episodes, email us at [email protected]. You can find us on TikTok at www.tiktok....
Sep 20, 2022•58 min•Season 1Ep. 94
While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the most rate-sensitive sector of the economy—which is housing—is taking it on the chin. Today's guest, Mark Zandi, the chief economist of Moody’s Analytics, breaks down the queasy state of the U.S. housing market, the prospect of a correction, what nationwide falling housing prices will mean for the broader economy...
Sep 15, 2022•41 min•Season 1Ep. 93
In 2015, 193 world leaders agreed to 17 ambitious goals to end poverty, fight inequality, and stop climate change by 2030. Seven years in, the world is on track to achieve almost none of those goals, according to a new report from the Bill and Melinda Gates Foundation. But the world really is getting better, the founder and philanthropist Bill Gates tells Derek in this episode. Around the globe, poverty, hunger, and child mortality rates are falling. Income, health care coverage, and lifespans a...
Sep 13, 2022•31 min•Season 1Ep. 92
We're in a new phase of the Ukraine-Russia war. Paul Poast of the University of Chicago returns to the podcast to break down Ukraine's extraordinary counteroffensive. He explains why this counterattack is reminiscent of D-Day, why President Vladimir Putin continues to struggle to achieve his objectives, and whether the end of the war could be within sight. If you have questions, observations, or ideas for future episodes, email us at [email protected]. You can find us on TikTok at www.tik...
Sep 12, 2022•53 min•Season 1Ep. 91
Hours before the death of Queen Elizabeth II, Derek talked to Duncan Weldon, the Britain economics correspondent at The Economist, about the UK's political and economic challenge. Russia’s invasion of Ukraine has sent energy prices soaring across Europe, but few countries have it worse than the UK, where inflation skyrocketed past 10 percent and the Bank of England projects a deep and lasting recession. This comes after a 15-year period of utter economic stagnation, Brexit, and the clown show of...
Sep 08, 2022•52 min•Season 1Ep. 90
Students are going back to school this month. But according to many news sources, there won't be nearly enough teachers to greet them. The Washington Post has warned of a “catastrophic teacher shortage.” ABC World News Tonight called it a new “growing crisis,” and the Wall Street Journal warned of a “dog-eat-dog” scramble to hire underqualified instructors. Heather Schwartz, a senior policy researcher at the Rand Corporation, explains why she thinks the "national teacher shortage" narrative is o...
Sep 06, 2022•41 min•Season 1Ep. 89
Earlier this year, it appeared that Democrats were going to get destroyed in the midterms. Joe Biden's approval rating was in the toilet, inflation was raging, and everything was going wrong. It wouldn't have been historically shocking if Democrats lost seats in November. The party in power typically loses seats in midterm elections, thanks in part to the electorate's preference for balance. But then something weird happened. Joe Biden's polls went up. And up. And up. Republican Senate nominees ...
Sep 02, 2022•58 min•Season 1Ep. 88
The level of student debt in this country represents a massive policy error. But is forgiving up to $20,000 of student debt really the best way to help low-income Americans, or fix the nation's education-financing problems? The Atlantic's Jerusalem Demsas joins Derek to discuss the student loan forgiveness debate and weigh the positives and negatives of Biden's controversial new policy. If you have questions, observations, or ideas for future episodes, email us at [email protected]. You c...
Aug 30, 2022•44 min•Season 1Ep. 87
Today’s episode is about the entertainment and media industry’s tumultuous summer, the streaming wars, a come-to-Jesus moment for movie theaters, and a dramatic revamp at CNN—which tells a lot about the state of the news industry. My guest is Matt Belloni, host of the Ringer podcast 'The Town' and a founding partner at Puck News. He tells us what he’s hearing from his deep industry sources about the future of the blockbuster, the demise of the romantic comedy, the purge at HBO Max, and the murky...
Aug 26, 2022•52 min•Season 1Ep. 86
The economist Raj Chetty has spent much of the last decade trying to answer a very big question: What happened to the American Dream? In 1940, a child born into the average American household had a 92 percent chance of making more money than his or her parents. But in the last half century, something has gone wrong. A child born in 1980 had just a 50 percent chance of surpassing her parents’ income. So, in 40 years, earning more than your parents went from being a near certainty to no better tha...
Aug 23, 2022•53 min•Season 1Ep. 85
Bestselling author Chuck Klosterman talks to Derek about the death of the monoculture, how the internet creates cults of fans and anti-fans, and how “hating things” became a mainstream personality trait and a political position. If you have questions, observations, or ideas for future episodes, email us at [email protected]. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Chuck Klosterman Producer: Devon Manze Learn more about your ad choices. Visit ...
Aug 19, 2022•54 min•Season 1Ep. 84
I've never before recorded an episode specifically about Donald Trump. I guess I’ve been holding out for the chaos that typically swirls around him to exceed an extremely high bar of freaky nonsense. This week, I am forced to conclude that the bar has been surpassed. The January 6 investigations in D.C. and the New York state business investigation are newsworthy on their own. But last week, federal agents descended on Mar-a-Lago, Trump’s private club and Florida home, and came away with a trove...
Aug 16, 2022•44 min•Season 1Ep. 83
Several years ago, the writer, researcher, and policy advocate Heather McGhee traveled around the country to report on how racism in America holds us back from policies that would benefit everybody. In her book The Sum of Us, she explained how racist fears have made us all worse off. For decades, many voters and politicians have fought against policies that would have gotten them better jobs, better benefits, and more upward mobility—because they were afraid that those policies might also help n...
Aug 12, 2022•47 min•Season 1Ep. 82
Last year, somebody explained the problem of climate change to me with a metaphor that I’ve never been able to forget. They said: Imagine a bathtub. The bathtub is the planet’s atmosphere. The faucet is on full blast and it’s quickly filling with water. The gushing faucet represents every source of global carbon emissions, from "Big Agriculture" and energy companies to cars and cow farts. The water is carbon itself. The challenge of climate change mitigation is straightforward: Stop the water fr...
Aug 09, 2022•48 min•Season 1Ep. 81
In our second "Curiosity Corner" mailbag, Derek takes your burning questions. He breaks down the myths around how monkeypox spreads, and blasts public health officials for not being more specific about who is most affected. He explains how, while millennials face an affordability crisis in developed countries, they might not want to trade their global generation for any previous period in history. And he answers a listener who asks whether we should fear population collapse more than we fear ove...
Aug 05, 2022•33 min•Season 1Ep. 80
Why does it seem like the old is eating the new in pop culture? This year, the song of the summer is arguably Kate Bush’s “Running Up That Hill”—which was released in 1985. It was launched by the most-watched global TV show of the summer, 'Stranger Things'—an homage to the 1980s. In movies, the biggest hit of the season is 'Top Gun: Maverick'—a sequel to the 1986 film. The '80s was four decades ago! The triumph of nostalgia and familiarity in culture is deeper than one summer. The five biggest m...
Aug 03, 2022•56 min•Season 1Ep. 79
“Every few years, American politics astonishes you.” That’s how The Atlantic journalist Robinson Meyer began his report on the Democrats' new climate deal, which would invest record-breaking sums in clean energy infrastructure. Yes, this is still just a bill. It could be revised. But in a summer of climate doom—record breaking heat, droughts, fires in Europe—we are looking at an extraordinary leap forward. So what’s in the deal? What would it actually do? And how could it realistically transform...
Aug 01, 2022•27 min•Season 1Ep. 78
On Thursday, the Bureau of Economic Analysis announced that GDP dropped for the second consecutive quarter, fueling fears that the economy is in a recession. Today's guest is Austan Goolsbee, a professor of economics at the University of Chicago Booth School of Business and the former chair of the Council of Economic Advisers under President Obama. In today’s episode, we talk about the most important details from the GDP report, investigate the curious case of America’s plummeting productivity, ...
Jul 29, 2022•42 min•Season 1Ep. 77
Today is the second half of our special two-parter on the state of crypto. Yesterday’s theme was the case against. Today we debate the case for. In the last few weeks, use-cases have become a popular trope in the big crypto debate. Crypto has tens of thousands of people working with dozens of billions of dollars on building new technology. And I think it’s fair to ask: What have they built that is better than the status quo? What, as Monty Python might ask, has blockchain ever done for us? Today...
Jul 26, 2022•56 min•Season 1Ep. 76
