The Housing Recession Is Coming

The Housing Recession Is Coming

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, the global synchronized decline in housing, and how China's extremely bizarre year is affecting our economy. 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: Mark Zandi Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Experts Predicted a Recession This Year. How Were They So Wrong?

Experts Predicted a Recession This Year. How Were They So Wrong?

Today’s show is about what I consider the biggest mystery of the U.S. economy. Last year, economic experts predicted a recession in 2023 with more confidence than they’ve predicted any recession in de...

8 Elo 202336min

Why Elite College Admissions Are Biased Toward the Superrich

Why Elite College Admissions Are Biased Toward the Superrich

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically ever...

1 Elo 202350min

Oppenheimer: The Genius, the Film, and the Project That Changed the World

Oppenheimer: The Genius, the Film, and the Project That Changed the World

Richard Rhodes, the Pulitzer Prize-winning author of 'The Making of the Atomic Bomb,' discusses the life of J. Robert Oppenheimer, the Manhattan Project, the history of nuclear weapons, and the new fi...

25 Heinä 202356min

How Hollywood Drove Its Business Model Off a Cliff

How Hollywood Drove Its Business Model Off a Cliff

The trouble brewing in the media and entertainment industry has become one of the most interesting—and truly perplexing—business stories in the world. How does everything seem so bad at the same time?...

19 Heinä 20231h 1min

Americans Think the Economy Is Terrible. The Data Tell Another Story.

Americans Think the Economy Is Terrible. The Data Tell Another Story.

By many measures, this is one of the best times to find a job in decades. And by many measures, Americans are locked in a state of extreme glumness about the country. Jordan Weissmann, Washington edit...

11 Heinä 202357min

How the Digital Workplace Broke Our Brains

How the Digital Workplace Broke Our Brains

Calvin Newport is a computer science professor at Georgetown University and the author of, among other books, 'Deep Work' and 'A World Without Email.' At the heart of so much of Newport’s work is this...

5 Heinä 20231h 3min

What Just Happened in Russia This Weekend?

What Just Happened in Russia This Weekend?

University of Chicago professor Paul Poast breaks down Yevgeny Prigozhin's rebellion, Vladimir Putin's weakness, Russia's military incompetence, and the long-term implications of Saturday's bizarre 36...

27 Kesä 202357min

The Science of Procrastination—and How to Really Get Stuff Done

The Science of Procrastination—and How to Really Get Stuff Done

Today’s episode is the first in a new miniseries about getting stuff done. This episode in particular is about NOT getting stuff done. I consider myself an exceptional procrastinator. There are many t...

20 Kesä 202356min

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