Plain English with Derek Thompson

Since a big white Chinese spy balloon floated across the ocean and into U.S. airspace, the United States has shot down four objects over North American skies. What are we looking at, and what are we shooting at? Are these objects American? Are they Chinese? Are they human? To tell the full story of this bizarre month in aerial objects—from the balloon to the aerial shoot-out to the UFO freak-out—we’ve got two guests: former Atlantic correspondent and Substack writer James Fallows and the science writer and noted extraterrestrial-object researcher Mick West. 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 Guests: James Fallows & Mick West Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Feb 202350min

Last fall, three-quarters of voters told CNN that the U.S. was in a recession. A Bloomberg economic model said that the odds of a recession by the fall of 2023 were 100 percent. But we’re not in a recession. The unemployment rate is lower than any month since the 1960s. Real disposable income is growing. The economy is expanding. Consumer spending is strong. Even housing seems to be rebounding. In today's episode, Derek explains the origins of the great American recession myth, and Bloomberg writer Conor Sen breaks down the housing turnaround that could define the 2023 economy. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Feb 202334min

For the past 50 years, Americans have basically responded to the case against eating animals by eating more animals. The share of Americans who call themselves vegan or vegetarian hasn’t increased in the past 20 years. But a few years ago, I was certain that we were near peak meat, thanks to the rise of plant-based “meat” products—like Impossible Burgers and Beyond Meat sausages. In 2019 and 2020, I looked like a genius, as meat-substitute products surged. But then came the crash. Beyond Meat’s publicly traded stock is down more than 80 percent from its all-time high. Impossible Burger has announced layoffs of more than 20 percent of its staff. So what happened? Today’s guest is Deena Shanker, who wrote a blockbuster story for Bloomberg on this very topic. We talk about the spectacular rise and fall of fake meat—and what it tells us about food, taste, politics, and technology. Host: Derek Thompson Guest: Deena Shanker Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Feb 202338min

If we’re being honest, the whole thing is kind of funny. A Chinese spy balloon floated across the U.S. Nobody died, unless we count the balloon itself. In a saner age, this story would be over. But balloongate offers a useful hook to evaluate the relationship between the U.S. and China during a period of extraordinarily high tensions. These are the most powerful countries in the world, the two largest economies in the history of the world, and they are currently undergoing a kind of conscious uncoupling that is having a huge effect on our economies, politics, and planet. Juliette Kayyem is a contributing writer at The Atlantic, lecturer at the Kennedy School of Government at Harvard, and former government official. James Palmer is the deputy editor at Foreign Policy. 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 Guests: Juliette Kayyem & James Palmer  Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Feb 202343min

We’ve got a double-barrelled podcast for you. Jeanna Smialek, economics reporter for the ‘New York Times,’ joins us to break down the debt-ceiling showdown that’s enveloping Washington. Plus, economist Jason Furman is back to rehash his debt-ceiling grievances from the Obama administration, then answer some deeper questions about the U.S. debt trajectory and the state of the economy today. But first: a new way to think about the debt ceiling and fears of the U.S. government running up the tab. 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 Guests: Jeanna Smialek and Jason Furman Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Feb 202357min

"Productivity is a trap. Nobody in the history of humanity has ever achieved work-life balance. The real problem isn’t our limited time. The real problem—or so I hope to convince you—is that we’ve unwittingly inherited, and feel pressured to live by, a troublesome set of ideas about how to use our limited time, all of which are pretty much guaranteed to make things worse." That's how Oliver Burkeman, the author of 'Four Thousand Weeks,' explains our relationship to happiness and time. In this episode, he and Derek talk about his philosophy, the downside of constantly living for some future achievement, goals versus habits, and making peace with our finitude. Host: Derek Thompson Guest: Oliver Burkeman Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

31 Jan 202348min

“The story of 2022 was the emergence of AI," wrote Ben Thompson, the author of the Stratechery newsletter and podcast. "It seems clear to me that this is a new epoch in technology.” Ben and Derek talk about ChatGPT, Stable Diffusion, the state of generative AI, and how the biggest tech companies will try to wrangle this fascinating suite of new tools. 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: Ben Thompson  Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Jan 20231h 1min

Derek breaks down the biggest economic mystery of the moment: Why are the most successful tech companies collectively laying off more than 130,000 people if the overall unemployment rate is still historically low? Then award-winning Puck journalist William Cohan rejoins the podcast to talk about the biggest unanswered questions swirling around disgraced billionaire Sam Bankman-Fried, his FTX bankruptcy proceedings, and his forthcoming criminal case. Host: Derek Thompson Guest: William Cohan Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Jan 202347min