Can the West Stop Russia by Strangling its Economy?
The Ezra Klein Show1 Maalis 2022

Can the West Stop Russia by Strangling its Economy?

There’s the Russia-Ukraine war that’s easy to follow in the news right now. We can watch Russian bombs falling on Ukraine, see Russian tanks smoking on the side of the road, hear from Ukrainian resistance fighters livestreaming their desperate defense.

But there’s another theater to this war that’s harder to see, but may well decide the outcome: the economic war that West is waging on Russia. Europe and the United States initially responded with a limited set of sanctions but then expanded them into a counterattack capable of crushing the Russian economy. Vladimir Putin, for one, understands the danger: As the force of the West’s measures multiplied, he readied his nuclear forces in a bid to warn Europe and the United States off. This is terrifying territory.

So I asked Adam Tooze — a brilliant economic historian, the director of the European Institute at Columbia, and the author of the indispensable “Chartbook” newsletter — to explain how the war in the financial markets is shaping the war in streets of Ukraine. What he gave me was a whole new way to see how Putin had readied his country for conflict, the leverage that Russia’s energy exports gave it, how the dreams of the globalizers had cracked, and what the West both was and wasn’t doing in response.

But this is two conversations, not one. On Friday, Tooze and I recorded just as the war began. That was a conversation about the economics of the war as both Russia and the West understood it when the bombing began. But on Monday, we spoke again, because so much had changed. Rather than splice the two discussions into an artificial omniscience, I’ve linked them, because I think they reveal more in sequence: They show how fast this war is reshaping the politics around it, how quickly the escalation is coming, how rapidly the plans are crumbling.

So we discuss the sanctions that the West has deployed against Russia, how Europe’s dependence on Russian energy exports undermined the West’s response, what Putin understood about the dark side of economic interdependence, how Ukraine’s remarkable resistance — and the remarkable leadership of its president, Volodymyr Zelensky — reshaped the politics and policies in the West, how this war could alter the geopolitical calculus of China and Taiwan, the new economic order that is emerging, and more.

Mentioned:

“Putin’s Challenge to Western hegemony - the 2022 edition” by Adam Tooze (Chartbook)

“The economic consequences of the war in Ukraine” (The Economist)

Book Recommendations:

The Economic Weapon by Nicholas Mulder

The End of the End of History by Alex Hochuli, George Hoare and Philip Cunliffe

The Future of Money by Eswar S. Prasad

Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.

You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.

“The Ezra Klein Show” is produced by Annie Galvin, Jeff Geld and Rogé Karma; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld; audience strategy by Shannon Busta. Our executive producer is Irene Noguchi. Special thanks to Kristin Lin and Kristina Samulewski.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Jaksot(470)

The Real ‘Border Czar’ Defends the Biden-Harris Record

The Real ‘Border Czar’ Defends the Biden-Harris Record

Republicans want to label Kamala Harris as the border czar. And by just looking at a chart, you can see why. Border crossings were low when Donald Trump left office. But when President Biden is in the White House, they start shooting up and up — to numbers this country had never seen before, peaking in December 2023. Those numbers have fallen significantly since Biden issued tough new border policies. But that has still left Harris with a major vulnerability. Why didn’t the administration do more sooner? And why did border crossings skyrocket in the first place?Harris was not the border czar; she had little power over policy. But to the extent that there is a border czar, it’s the secretary of homeland security, Alejandro Mayorkas. So I wanted to have him on the show to explain what’s happened at the border the past few years — the record surge, the administration’s record and what it has revealed about our immigration system.Book Recommendations:The Nickel Boys by Colson WhiteheadString Theory by David Foster WallaceThe DictionaryThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Michelle Harris, with Mary Marge Locker and Kate Sinclair. Our senior engineer is Jeff Geld. Our senior editor is Claire Gordon. The show’s production team also includes Annie Galvin, Elias Isquith, Kristin Lin and Aman Sahota. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. And special thanks to Ariel G. Ruiz Soto, Dara Lind, David Frum, Jason De Léon, Michael Clemens, Natan Last and Steven Camarota. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

13 Syys 20241h 1min

Harris Had a Theory of Trump, and It Was Right

Harris Had a Theory of Trump, and It Was Right

Tuesday night was the first — perhaps the only — debate between Donald Trump and Kamala Harris. And it proved one of Harris’s stump speech lines right: Turns out she really does know Trump’s type. She had a theory of who Trump was and how he worked, and she used it to take control of the collision. But this was a substantive debate, too. The candidates clashed on abortion, health care, the economy, energy, immigration and more. And so we delve into the policy arguments to untangle what was really being said — and what wasn’t.Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Claire Gordon. Fact-checking by Michelle Harris, with Kate Sinclair and Jack McCordick. Our senior engineer is Jeff Geld. Our senior editor is Claire Gordon. The show’s production team also includes Annie Galvin, Rollin Hu, Elias Isquith, Kristin Lin and Aman Sahota. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

11 Syys 202446min

The Opinions: A Pro-Life Case for Harris and a Writing Contest With ChatGPT

The Opinions: A Pro-Life Case for Harris and a Writing Contest With ChatGPT

Our Times Opinion colleagues recently launched a new podcast called “The Opinions.” It’s basically the Opinion page in audio form, so you can hear your favorite Times Opinion columnists and contributing writers in one place, in their own voices.It’s an eclectic and surprising mix of perspectives, as you’ll see with these two segments we’ve selected for you to enjoy. The first is with the Times Opinion columnist (and friend of the pod) David French, a lifelong conservative who’s staunchly pro-life, on why he’s voting for Kamala Harris this November, and the second is with the novelist Curtis Sittenfeld, who enters into a writing competition of sorts against a new writer on the block — ChatGPT.Mentioned:“David French on the Pro-Life Case for Kamala Harris”“Can You Tell Which Short Story ChatGPT Wrote?”You can subscribe to “The Opinions” on Apple Podcasts, Spotify, Amazon Music, YouTube, iHeartRadio — or wherever you listen to podcasts. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

6 Syys 202427min

On Children, Meaning, Media and Psychedelics

On Children, Meaning, Media and Psychedelics

I feel that there’s something important missing in our debate over screen time and kids — and even screen time and adults. In the realm of kids and teenagers, there’s so much focus on what studies show or don’t show: How does screen time affect school grades and behavior? Does it carry an increased risk of anxiety or depression?And while the debate over those questions rages on, a feeling has kept nagging me. What if the problem with screen time isn’t something we can measure?In June, Jia Tolentino published a great piece in The New Yorker about the blockbuster children’s YouTube channel CoComelon, which seemed as if it was wrestling with the same question. So I invited her on the show, and our conversation ended up going places I never expected. Among other things, we talk about how the decision to have kids relates to doing psychedelics, what kinds of pleasure to seek if you want a good life and how much the debate over screen time and kids might just be adults projecting our own discomfort with our own screen time.We recorded this episode a few days before the Trump-Biden debate — and before Donald Trump chose JD Vance as his running mate. We then got so swept up in politics coverage we never got a chance to air it. But I am so excited to finally get this one out into the world.This episode contains strong language.Mentioned:“How CoComelon Captures Our Children’s Attention” by Jia Tolentino“Can Motherhood Be a Mode of Rebellion?” by Jia TolentinoHow to Do Nothing by Jenny OdellBook Recommendations:Lonesome Dove by Larry McMurtryIn Ascension by Martin MacInnesWhen We Cease to Understand the World by Benjamin LabatutThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Annie Galvin. Fact-checking by Michelle Harris, with Kate Sinclair and Mary Marge Locker. Mixing by Isaac Jones, with Efim Shapiro and Aman Sahota. Our senior editor is Claire Gordon. The show’s production team also includes Jeff Geld, Rollin Hu, Elias Isquith and Kristin Lin. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Sonia Herrero. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

3 Syys 20241h 11min

Best Of: Tired? Distracted? Burned Out? Listen to This.

Best Of: Tired? Distracted? Burned Out? Listen to This.

I’m convinced that attention is the most important human faculty. Your life, after all, is just the sum total of the things you’ve paid attention to. We lament our attention issues all the time — how distracted we are, how drained we feel, how hard it is to stay focused or present. And yet, while there’s no shortage of advice on how to improve our sleep hygiene or spending habits or physical fitness, there’s hardly any good information about how to build and replenish our capacity for paying attention.Gloria Mark is a professor at the University of California, Irvine, and the author of the book “Attention Span.” And she’s one of the few people who have deeply studied the way our attention works, how that’s been changing and what we can do to stop frittering away our attention budgets. This was our first release of 2024, a kind of New Year’s resolutions episode. And since it can sometimes help to be reminded of the intentions with which you began your year — especially in the midst of a high-intensity election season — we thought we’d share it again. Book recommendations:“The Challenger Launch Decision” by Diane Vaughan“The Undoing Project” by Michael Lewis“The God Equation” by Michio KakuThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Claire Gordon. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Our senior engineer is Jeff Geld. Our senior editor is Claire Gordon. The show’s production team also includes Rollin Hu and Kristin Lin. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

30 Elo 202457min

Best Of: The Men — and Boys — Are Not Alright

Best Of: The Men — and Boys — Are Not Alright

We recently did an episode on the strange new gender politics that have emerged in the 2024 election. But we only briefly touched on the social and economic changes that underlie this new politics — the very real ways boys and men have been falling behind.In March 2023, though, we dedicated a whole episode to that subject. Our guest was Richard Reeves, the author of the 2022 book “Of Boys and Men: Why the Modern Male Is Struggling, Why It Matters, and What to Do About It,” who recently founded the American Institute for Boys and Men to develop solutions for the gender gap he describes in his research. He argues that you can’t understand inequality in America today without understanding the specific challenges facing men and boys. And I would add that there’s no way to fully understand the politics of this election without understanding that, either. So we’re rerunning this episode, because Reeves’s insights on this feel more relevant than ever.We discuss how the current education system places boys at a disadvantage, why boys raised in poverty are less likely than girls to escape it, why so many young men look to figures like Jordan Peterson and Andrew Tate for inspiration, what a better social script for masculinity might look like and more.Mentioned:"Gender Achievement Gaps in U.S. School Districts" by Sean F. Reardon, Erin M. Fahle, Demetra Kalogrides, Anne Podolsky and Rosalia C. Zarate"Redshirt the Boys" by Richard ReevesBook recommendations:"The Tenuous Attachments of Working-Class Men" by Kathryn Edin, Timothy Nelson, Andrew Cherlin and Robert FrancisCareer and Family by Claudia GoldinThe Life of Dad by Anna MachinThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Emefa Agawu, Annie Galvin, Jeff Geld, Rogé Karma and Kristin Lin. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Mixing by Sonia Herrero. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Carol Sabouraud and Kristina Samulewski. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

27 Elo 20241h 58min

Kamala Harris Wants to Win

Kamala Harris Wants to Win

On Thursday night, Kamala Harris reintroduced herself to America. And by the standards of Democratic convention speeches, this one was pretty unusual. In this conversation I’m joined by my editor, Aaron Retica, to discuss what Harris’s speech reveals about the candidate, the campaign she’s going to run and how she believes she can win in November.Mentioned:The Truths We Hold by Kamala HarrisThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Claire Gordon. Fact-checking by Michelle Harris, with Jack McCordick. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota. Our senior editor is Claire Gordon. The show’s production team also includes Annie Galvin, Rollin Hu, Elias Isquith and Kristin Lin. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

23 Elo 202443min

Can the Democratic Party Reclaim Freedom?

Can the Democratic Party Reclaim Freedom?

Democrats spent the third night of their convention pitching themselves as the party of freedom. In this conversation, my producer Annie Galvin joined me on the show to take a deep look at that messaging. Why do Democrats see an opportunity in this election to seize an idea that Republicans have monopolized for decades? What’s the meaning of “freedom” that Democrats seem to be embracing? And how does this message square with other Democratic Party values, like belief in the ability of government to do good?Mentioned:How Democracies Die by Steven Levitsky and Daniel ZiblattThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced and hosted by Annie Galvin. Fact-checking by Michelle Harris, with Kate Sinclair and Mary Marge Locker. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota. Our senior editor is Claire Gordon. The show’s production team also includes Rollin Hu, Elias Isquith and Kristin Lin. Original music by Isaac Jones. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

22 Elo 202443min

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