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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Episoder(394)

"The End of Reading Is Here"

"The End of Reading Is Here"

There’s no doubt that reading is in decline. But what is that decline doing to the way we think? Derek talks with The Atlantic's Rose Horowitch about why Americans are reading fewer books than ever an...

28 Jul 53min

What Translator Emily Wilson Thinks of Christopher Nolan’s ‘The Odyssey'

What Translator Emily Wilson Thinks of Christopher Nolan’s ‘The Odyssey'

Christopher Nolan's 'The Odyssey' has brought one of history's oldest stories back into the spotlight. It’s also sparked a fresh debate about what it means to adapt a classic. Today, Derek is joined ...

22 Jul 59min

Why 'The Odyssey' Is the West’s Greatest Story

Why 'The Odyssey' Is the West’s Greatest Story

Christopher Nolan's 'The Odyssey' is finally here, but how exactly has a 3,000-year-old story endured long enough to become the foundation of Western storytelling? Derek is joined by Karen Ní Mheallai...

17 Jul 1h 3min

A Philosopher’s One-Word Theory for Why the World Feels So Weird

A Philosopher’s One-Word Theory for Why the World Feels So Weird

Why does it feel like everything is more divided and exhausting than it used to be? Philosopher Agnes Callard has a surprisingly simple answer: the unicontext. It's her term for what happens when bill...

14 Jul 58min

How Israel Is Transforming American Politics

How Israel Is Transforming American Politics

Peter Beinart joins Derek to unpack a major shift inside the Democratic Party. As Democratic Socialist-backed candidates notch a string of surprising primary victories, one issue has emerged as a defi...

7 Jul 1h 4min

MEGAPOD: The Most Overrated American Who Ever Lived

MEGAPOD: The Most Overrated American Who Ever Lived

To celebrate America's 250th birthday, Derek is joined for a history draft by three of the country's leading historians: Beverly Gage, H.W. (Bill) Brands, and Richard White. The goal isn't to revisit ...

3 Jul 1h 9min

A Surprising Theory About the Future of War

A Surprising Theory About the Future of War

From the bombing campaigns of World War II to the precision strikes of the modern era, for 80 years air power has defined modern warfare. But today, a new technology is changing the battlefield: drone...

30 Jun 56min

SpaceX, AI Bubble Fears, and The Age of the Trillion-Dollar, Zero-Profit Company

SpaceX, AI Bubble Fears, and The Age of the Trillion-Dollar, Zero-Profit Company

For decades, investors valued companies based on a familiar formula: Grow revenue, earn profits, and reward shareholders. But a new era may be beginning - one where trillion-dollar companies can lose ...

26 Jun 53min

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