One year ago, we had Anne Applebaum on the podcast to talk about her essay, "The Bad Guys Are Winning." And I think you could have made an argument that this was the most important story in geopolitics. Across the world, the rise of authoritarianism—in Russia, China, Turkey, Venezuela, India, and even right here in the U.S. authoritarianism was ascendant. Illiberalism was rising. Anti-democratic forces were assembling. But at this very moment, the opposite narrative seems like it might just be t...
Dec 02, 2022•50 min•Season 1Ep. 114
Americans have never spent so much time alone. And alone time is rising sharply for every demographic—young and old, male and female, white and non-white, metro and rural. But is aloneness the same as loneliness? And can we really blame technology for it? Derek talks with economist Bryce Ward about the causes and consequences of the rise of alone time in America. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at ...
Nov 29, 2022•59 min•Season 1Ep. 113
Today’s episode is a Thanksgiving feast of corporate scandal and media gossip. Derek kicks things off with a big-picture theory for why everything in tech and media seems to be falling apart at the same time. Then, we turn to the corporate shocker of the week: Bob Iger stunned the entertainment and media world by announcing his return to Disney as CEO, not even three years after the coronation of his hand-picked replacement, Bob Chapek. Matt Belloni of The Ringer and Puck joins to respond to som...
Nov 22, 2022•1 hr 27 min•Season 1Ep. 112
Today’s episode is about China’s turn toward authoritarianism—and why it might be one of the most important stories in the world. If you don’t know a lot about China—if you’ve been interested or astonished from afar by its Zero-COVID policy or its alarming saber-rattling toward Taiwan—then you and I are in the same boat. I am not at all an expert on China. But I am fascinated and alarmed by the country’s politics and by the character of its leader, Xi Jinping. Today’s guest is an expert in all t...
Nov 18, 2022•49 min•Season 1Ep. 111
Derek shares his thoughts on the meltdown of crypto exchange FTX and the disgrace of its founder, Sam Bankman-Fried, before welcoming veteran finance journalist William D. Cohan to discuss the history of finance frauds, what comes next for FTX, the media’s relationship to CEO royalty, and his new book, 'Power Failure,' on the rise and fall of GE. Host: Derek Thompson Guest: William D. Cohan Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices...
Nov 15, 2022•47 min•Season 1Ep. 110
The polls were right; the vibes were wrong. Democrats seem to have blocked the Republican wave by riding “Dobbs and democracy.” Trump lost, and extremism lost. DeSantis won, and Florida is a red state now. Also: Why is America so terrible at counting votes? Host: Derek Thompson Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices
Nov 09, 2022•18 min•Season 1Ep. 109
The Musk regime is off to a chaotic start at Twitter. In barely a week or two of ownership, Elon has already overseen a collapse in advertising revenue, announced a pivot to subscriptions, attempted to fire about half of the staff, and then attempted to rehire some of the fired staff. It would be one thing if Elon were flailing at Twitter while the rest of social media was on a rocket ship. The opposite is true. At Meta, the parent company of Facebook, Mark Zuckerberg has embarked on a truly aud...
Nov 07, 2022•49 min•Season 1Ep. 108
Americans are unusually conspiratorial as a nation. But in the last week, we have really outdone ourselves. The beating of Paul Pelosi—husband of the Speaker of the House—by a Q-Anon conspiracy theorist led to even more unhinged conspiracies about the media. Kanye West has been all over the news spreading nonsense theories about Jewish control of the world, and in basketball Kyrie Irving published a social media post about a book and movie that featured antisemitic tropes and questioned the Holo...
Nov 04, 2022•1 hr 2 min•Season 1Ep. 107
Skyrocketing mortgage rates. Rent prices falling by their fastest pace in years (from their highest inflation rate in decades). Buyers and sellers are freaked out. What the hell is going on with American real estate?Today is a very special crossover event, featuring one of my favorite finance podcasts: 'Odd Lots' hosted by Tracy Alloway and Joe Weisenthal. Most of what I think I know about the housing market is a river that flows from the headwater that is 'Odd Lots' and the online commentary of...
Nov 01, 2022•44 min•Season 1Ep. 106
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•55 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•39 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•45 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•45 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 PlainEnglish@Spotify.com . You can find us on TikTok at www.tikt...
Oct 14, 2022•46 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 1 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 8 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•42 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 PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Scott Galloway Producer...
Sep 29, 2022•57 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•37 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•50 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 PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok....
Sep 20, 2022•56 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•39 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•29 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 PlainEnglish@Spotify.com. You can find us on TikTok at www.tik...
Sep 12, 2022•51 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•50 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•39 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•56 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 PlainEnglish@Spotify.com . You ...
Aug 30, 2022•42 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•50 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•51 min•Season 1Ep. 85