Why the Question "Are We in a Recession?" Is Impossible to Answer

Why the Question "Are We in a Recession?" Is Impossible to Answer

On Thursday, the Bureau of Economic Analysis announced that GDP dropped for the second consecutive quarter, fueling fears that the economy is in a recession. Today's guest is Austan Goolsbee, a professor of economics at the University of Chicago Booth School of Business and the former chair of the Council of Economic Advisers under President Obama. In today’s episode, we talk about the most important details from the GDP report, investigate the curious case of America’s plummeting productivity, and talk about why the question "Are we in a recession?" is so annoyingly hard to answer.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: Austan Goolsbee Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Avsnitt(399)

Why Everything Is Going to Keep Getting More Expensive

Why Everything Is Going to Keep Getting More Expensive

For much of the 21st century, the U.S. economy was built around cheap money. Today, though, interest rates are rising, and borrowing is getting much more expensive. At the same time, the federal gover...

25 Aug 41min

Higher Education’s Age of ‘Insufferable Hypocrisy’

Higher Education’s Age of ‘Insufferable Hypocrisy’

It would be an understatement to say that higher education is in crisis, as it faces attacks from both the current presidential administration as well as issues of its own making, like diversity polit...

18 Aug 1h 2min

It May Be Time to Freak Out About AI

It May Be Time to Freak Out About AI

Today, Derek talks with cybersecurity expert Alex Stamos about a recent wave of alarming AI cyberattacks. For decades, one of the biggest fears about AI has been that the machines will start doing thi...

14 Aug 1h 17min

Why Americans Hate Data Centers

Why Americans Hate Data Centers

It seems a universal fact that AI has become an indispensable part of the American economy. At the same time, opposing AI has also become one of the most influential causes in American politics. Nowhe...

11 Aug 1h 3min

Why America Is Switching From Booze to Weed

Why America Is Switching From Booze to Weed

Two extraordinary trends are happening in the United States simultaneously. One is that alcohol consumption is declining precipitously. The share of Americans who drink has hit a record low since Gall...

5 Aug 1h 9min

"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 Juli 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 Juli 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 Juli 1h 3min

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