Elon Musk Might Break Twitter. Maybe That's a Good Thing.
The Ezra Klein Show29 Huhti 2022

Elon Musk Might Break Twitter. Maybe That's a Good Thing.

If Elon Musk’s bid to purchase Twitter comes to fruition, the world’s richest person will own one of its most important communications platforms. Twitter might have a smaller user base than Facebook, Instagram and even Snapchat, but it shapes the dominant narratives in key industries like politics, media, finance and technology more than any other platform. Attention — particularly that of elite leaders in these industries — is a valuable resource, one that Twitter manages and trades in.

Musk understands Twitter’s attention economy better than anyone. On numerous occasions, his tweets have sent a company’s stock or a cryptocurrency’s value skyrocketing (or plummeting). So what would it mean for Musk to own Twitter? How would that change the platform? How might he use Twitter to change, well, everything else?

Felix Salmon is the chief economics correspondent at Axios, a co-host of the Slate Money podcast and someone who has spent a lot of time thinking about the economics of attention, the way modern financial markets work and how money impacts the technologies we use. We discuss Musk’s possible motivations for owning Twitter, how Musk’s distinct brand of tweeting has reaped financial windfalls, what Musk understands about finance and attention that many others don’t, why Twitter is so powerful as a storytelling machine, why journalists are turning away from it, what a decentralized Twitter might look like, how Web3 resembles the 1960s “back to the land” movement, how Musk could break Twitter — but why that might end up saving Twitter — and more.

Mentioned:

Elon Musk Got Twitter Because He Gets Twitter” by Ezra Klein

"A Crypto Optimist Meets a Crypto Skeptic” on The Ezra Klein Show

A Viral Case Against Crypto, Explored” on The Ezra Klein Show

The Way the Senate Melted Down Over Crypto Is Very Revealing” by Ezra Klein

Book Recommendations:

The Bond King by Mary Childs

Typeset in the Future by Dave Addey

The Surprise of Cremona by Edith Templeton

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 Jenny Casas, Michelle Harris, Rollin Hu and Kate Sinclair; original music by Isaac Jones and Carole Sabouraud; 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.

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What’s Happening to Our Economy Is Like a Natural Disaster

What’s Happening to Our Economy Is Like a Natural Disaster

The Biden administration’s first legislative priority is a $1.9 trillion economic rescue package. It’s the kind of mega-package where the individual policies contained inside it — a $15 minimum wage, $1,400 checks, a huge child tax credit expansion, a $50 billion virus testing infrastructure — would be big deals on their own. But together, this would be one of the most consequential packages ever passed.So there’s a lot to talk about here. And who better to talk about it with than my now-colleague Paul Krugman? We dig into the details of the plan and then spiral off into some other topics I wanted to run by the nearest Nobel laureate: the major rethinking of debt and deficits among left-of-center economists, the differences between Keynesians and Modern Monetary Theorists, how Krugman made a bunch of money off Bitcoin (it’s not how you’d think!), why progressives need a better theory of technological change, Krugman’s favorite indie bands of the mid-2000s, and more.Mentioned in this episode: “Notes on the Coronacoma (Wonkish)” by Paul Krugman“Why Markets Boomed in a Year of Human Misery” by Neil Irwin and Weiyi Cai“Who’s Afraid of Budget Deficits?” By Jason Furman and Lawrence Summers“Public Debt: Fiscal and Welfare Costs in a Time of Low Interest Rates” by Olivier Blanchard“America’s anti-democratic Senate, in one number” by Ian MillhiserBook Recommendations: “Laundry Files” series by Charlie Stross“Merchant Princes” series by Charlie Stross“The Price of Peace” by Zachary CarterBand Recommendations: The Be Good TanyasLarkin PoeReina del CidYou 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.Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.“The Ezra Klein Show” is produced by Rogé Karma and Jeff Geld; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld. 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.

29 Tammi 20211h 8min

The Man With the Plan to Beat the Pandemic

The Man With the Plan to Beat the Pandemic

I’ve never covered a moment that simultaneously merits so much despair and so much hope. It’s dizzying. The Biden administration takes office with over 25 million Covid-19 cases nationwide, over 420,000 Americans dead, and new, highly contagious variants of the virus stalking our future. It’s as grim a situation as I’ve seen.But for the first time, we can do more than hide. We can immunize. Getting a population of 330 million to herd immunity is a hellishly difficult undertaking in the best of circumstances, and these are not the best of circumstances. Still, speed matters: Getting to herd immunity a few months faster could save hundreds of thousands of lives.Dr. Vivek Murthy was surgeon general under Barack Obama, and is Joe Biden’s nominee for the same position. He’s also co-chair of Biden’s coronavirus task force.In this episode, Murthy walks me through the Biden administration’s plan to beat the coronavirus. We discuss America’s botched vaccine rollout efforts, what the choke points are now, whether the Oxford-AstraZeneca and Johnson & Johnson vaccines will be approved, why the U.S. government should be shipping out free masks, what’s blocking 24/7 vaccination sites, the F.D.A.’s overly conservative approach to at-home testing kits, what we can and can’t do after getting the vaccine, the vaccine failures in blue states, how to change the minds of the nearly third of Americans who are vaccine-skeptical, why persuasion is as much about listening as talking, the new coronavirus variants, and much more.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.Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.“The Ezra Klein Show” is produced by Rogé Karma and Jeff Geld; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld. 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.

26 Tammi 20211h 20min

Coming Soon: The Ezra Klein Show

Coming Soon: The Ezra Klein Show

Every Tuesday and Friday, Ezra Klein invites you into a conversation about something that matters. How do we address climate change if the political system fails to act? Has the logic of markets infiltrated too many aspects of our lives? What is the future of the Republican Party? What do psychedelics teach us about consciousness? What does sci-fi understand about our present that we miss? Can our food system be just to humans and animals alike?Subscribe wherever you listen to podcasts.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.Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.“The Ezra Klein Show” is produced by Rogé Karma and Jeff Geld; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld. 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 Tammi 20212min

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