Why American Happiness Just Fell Off a Cliff

Why American Happiness Just Fell Off a Cliff

America is richer than ever. Unemployment is low. Wages are high. According to traditional metrics, the economy looks strong. So why are Americans feeling so bad? Today, Derek talks with bestselling author Morgan Housel and journalist David Wallace-Wells about what Derek calls the “Tragic Twenties”: the strange and sudden collapse in American happiness that began during COVID and never really stopped. What's behind the country’s emotional downturn? Inflation and the lingering psychological effects of the pandemic are certainly part of the story. But so are collapsing trust in institutions, rising social isolation, the negativity feedback loop of social media, and the feeling that we’re living through one crisis after another. Derek, Morgan, and David unpack why the wealthiest society in history still feels deeply adrift and what this happiness recession says about the future of American life. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek ThompsonGuests: Morgan Housel and Derek Wallace-WellsProducer: Devon BaroldiAdditional Production Support: Ben Glicksman Links: https://www.derekthompson.org/p/if-americas-so-rich-howd-it-get-so Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Truth About Mississippi's Education "Miracle"

The Truth About Mississippi's Education "Miracle"

Education outcomes have been getting worse across much of the world, with reading and math scores falling to historic lows. The U.S. has seen some of the steepest declines in decades. But, why does ...

18 Syys 56min

Why Experts Keep Getting the Economy So Wrong

Why Experts Keep Getting the Economy So Wrong

Expert economists keep making predictions about America’s financial future, and those predictions keep being … wrong. Over the past few years, we’ve heard warnings about a recession, inflation, tariff...

15 Syys 58min

What’s the Point of College?

What’s the Point of College?

Trust in American higher education is near a historic low. Tuition has soared, and the payoff for a college degree is now in question as graduates face a weird and challenging job market. Simultaneous...

11 Syys 56min

The New Book That Scares Big Tech

The New Book That Scares Big Tech

In the late 19th century, a railroad boom fueled by easy money, speculative investment, and new technology helped kick off one of the worst financial crises in American history. Sound kind of familiar...

8 Syys 59min

AI Slop Is Breaking the Internet. Can We Save It?

AI Slop Is Breaking the Internet. Can We Save It?

So many people seem to hate AI, and it’s not just because it might displace millions of jobs, destroy the world, or deepen distrust in big corporations and government. The reason might actually be sim...

1 Syys 56min

Why Everything Is Going to Keep Getting More Expensive

Why Everything Is Going to Keep Getting More Expensive

For much of the 21st century, the U.S. economy was built around cheap money. Today, though, interest rates are rising, and borrowing is getting much more expensive. At the same time, the federal gover...

25 Elo 41min

Higher Education’s Age of ‘Insufferable Hypocrisy’

Higher Education’s Age of ‘Insufferable Hypocrisy’

It would be an understatement to say that higher education is in crisis, as it faces attacks from both the current presidential administration as well as issues of its own making, like diversity polit...

18 Elo 1h 2min

It May Be Time to Freak Out About AI

It May Be Time to Freak Out About AI

Today, Derek talks with cybersecurity expert Alex Stamos about a recent wave of alarming AI cyberattacks. For decades, one of the biggest fears about AI has been that the machines will start doing thi...

14 Elo 1h 17min

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