World on Fire, Part 3: How Did America's Border Crisis Get So Bad?

Most news is all about the immediate present. For instance, everything that is happening in the economy right now could be a historical anecdote in five years. But sometimes, norms change—and they stay changed for decades. I think the remote work revolution is just that sort of a paradigm shift. Here's a stat that should blow your mind: Office occupancy across the U.S. is still just 43 percent of its pre-pandemic high. That means that white-collar offices have had a worse recovery than basically any other economic category—worse than restaurants, bars, stadiums, and even movie theaters. But who is remote work actually working for? What are offices good for? And how will the remote work revolution change the way we relate to each other and the places we live? Today’s guest is Julia Hobsbawm, the author of 'The Nowhere Office,' a new book about the remote work revolution that combines history and reporting to ask a big, beautiful philosophical question: Is remote work making our lives better, or worse? Host: Derek Thompson Guest: Julia Hobsbawm Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Juni 202248min

This is a huge week for economic and finance news. On Wednesday afternoon, the Federal Reserve raised interest rates by 0.75 percentage points, its biggest move since 1994. Derek breaks down what this means for your wallet and the future of the economy. Then he brings on The New York Times' Kevin Roose for a conversation about the end of the "everything boom." For the last decade-plus, just about every asset class has gone to the moon: stocks, housing, crypto. That era is over. But where did the everything boom come from? How did it change our lives, from cheap Uber rides to risky crypto projects? And what does it mean that this era is coming to a close? Derek and Kevin also talk about their idea of a "millennial consumer subsidy"—the notion that for many years venture capitalists subsidized ride-share and delivery companies in a way that was unsustainable and not all that great for the people behind the wheel. Host: Derek Thompson Guest: Kevin Roose Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Juni 202240min

Inflation is the story that everybody keeps missing. In 2020, many people didn't expect inflation to rise. Wrong. In 2021, many expected inflation to be brief or "transitory." Wrong. Last month, many expected inflation to peak. wrong. In May, inflation reached its highest level in more than four decades. But there’s a bigger story to tell here. What are the subtler inflation numbers telling us about the future of the economy? And is the media being too pessimistic about the economy given how strong the labor market has been coming out of the pandemic? To answer those questions, Derek welcomes Justin Wolfers, a professor of public policy and economics at the University of Michigan. As you’ll hear, Wolfers is brilliant, straightforward, and incredibly un-shy about telling Derek when he thinks he's full of it. If you think Derek is full of it, or if you would like to drop a more complimentary line, send your notes, questions, and curiosities to PlainEnglish@spotify.com Host: Derek Thompson Guest: Justin Wolfers Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Juni 202250min

Today’s episode is about two California elections and the message they sent to the rest of the country. In San Francisco, progressive district attorney Chesa Boudin was recalled by voters after years of complaints about the rise of disorder, shoplifting, and homelessness in the city. In Los Angeles, Republican-turned-Democrat billionaire Rick Caruso had a strong showing running as a crimefighter in the L.A. mayoral primary. In the late 1970s, politics was defined by two topics: crime and inflation. Well, look around today: Various measures of crime are weighing on people, and inflation is near its 40-year high. Are we stepping into a time machine that’s taking us back to the '70s? To answer that question, we have journalist and author Ron Brownstein, a CNN senior political analyst, writer for 'The Atlantic,' and author of the book Rock Me on the Water: 1974, the Year Los Angeles Transformed Movies, Music, TV, and Politics. So if we are headed back to the '70s in a newly waxed maroon Pontiac Grand Am, this is the guy who can tell us what it means. Host: Derek Thompson Guest: Ron Brownstein Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Juni 202241min

Welcome to Curiosity Corner! In our first ever all-mailbag episode, Derek answers a Republican’s question about gun control, explains how American companies became so political, revisits a controversial Amber Heard episode, and explains how the podcast comes together. Finally, in response to a couple that requested a wedding-day video, Derek veers out of the news lane and offers some relationship advice. If you’d like your questions answered on this show, send your first name and city or state to PlainEnglish@Spotify.com. Host: Derek Thompson Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Juni 202235min

The Texas school shooting is part of a grisly ritual in American life. A tragedy, followed by mourning, followed by inaction, followed by several months, followed by another tragedy. What can be done? What WILL be done? This episode isn’t about false hope. It’s about information. The New York Times’s German Lopez, who has been reporting on guns and gun control policy for many years, joins the podcast to answer as many questions as we can fit into a show, including: Why are school shootings becoming more common in the U.S.? What are the most successful gun control policies at our disposal? Why doesn’t Washington ever do anything about this problem? What happens now? Oh, and Derek will be off next week. New episodes will return in early June! Host: Derek Thompson Guest: German Lopez Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Maj 202246min

It's our first Curiosity Corner podcast! We asked you to tell us what questions you wanted us to answer, and a lot of you had the same thought on your mind: housing. In this podcast, we answer: What's going on with the U.S. housing market? Is this a bubble? Is it bursting? Why are homes in America so expensive? Why are we so bad at building houses? Why is there so much homelessness in America's richest cities? The Atlantic's Jerusalem Demsas comes on the show to share her theories with Derek, and Derek explains why he thinks every important question about the U.S. housing market has the same fundamental answer: inventory, inventory, inventory. Keep sending your questions at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Jerusalem Demsas Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Maj 202254min

It's the trial of the century—kind of. The legal showdown between Johnny Depp and Amber Heard has captivated the country, and Derek is a bit confused. Why is everybody talking about this miserable celebrity relationship? Why are so many people obsessed with demonizing Amber Heard? Producer Devon Manze explains to Derek why she thinks the trial has conquered the news cycle, and The Atlantic's Kaitlyn Tiffany explains why the internet hates Amber, and what it says about the future of truth, fandom, and who we are on the internet. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Kaitlyn Tiffany Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Maj 202240min