Plain History: How the Transcontinental Railroads Built the Modern World

Plain History: How the Transcontinental Railroads Built the Modern World

Today’s pod is about the economic story of the moment. It’s about new technology that supporters claim will transform the U.S. economy, an infrastructure build-out unlike anything in living memory that demands enormous natural resources, fears that corporate giants are overbuilding something that can never return its investment, an uncomfortable closeness between corporations and the state, fears that oligarchs are screwing the public to generate unheard-of levels of private wealth. Just a small catch. This show isn’t about the present or AI in 2025. It’s about the railroads and the late 1800s. To be sure, everything I just said could plausibly be the introduction to a podcast about artificial intelligence. Last quarter, the growth of AI infrastructure spending—on chips, data centers, and electricity—exceeded the growth of consumer spending. The economic researcher and writer Paul Kedrosky has written that as a share of GDP, AI is consuming more than any new technology since the railroads in the late 1800s. There is no question that the transcontinentals transformed America. They populated the West; practically invented California; turned America into a coast-to-coast dual-ocean superpower; revolutionized finance; made possible the creation of a new kind of corporation; launched what the historian Alfred Chandler called the managerial revolution in American business; forged a new relationship between the state and private enterprise; minted a generation of plutocrats, from Jay Gould to Leland Stanford of Stanford University; galvanized the anti-monopoly movement; and completely reoriented the way Americans thought about time and space. “The transcontinentals ... came to epitomize progress, nationalism, and civilization itself,” the historian Richard White wrote in his epic history of the transcontinentals, 'Railroaded.' But he continued: “They created modernity as much by their failure as their success.” Today’s return guest is Richard White. Our acute subject is the transcontinental railroads and the 19th century. But our deeper subject is the nature of transformative technology and the messy business of building it. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Richard White Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Four Ways That America Is Polarizing

The Four Ways That America Is Polarizing

David Frum joins Derek to talk about rising and falling polarization by race, gender, education, and place—and what it tells us about America's strange new politics. Host: Derek Thompson Guest: David Frum Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Dec 202138min

The Four Biggest Myths of the U.S. Economy. Plus, Omicron in 100 Seconds.

The Four Biggest Myths of the U.S. Economy. Plus, Omicron in 100 Seconds.

Morgan Housel, Collaborative Fund partner and author of the bestseller 'The Psychology of Money,' joins the pod to debate what we're getting wrong about inflation, the Great Resignation, robots, and investing. Host: Derek Thompson Guest: Morgan Housel Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Dec 202146min

Elon Musk Is the Person of the Year. Who Is the Person of the Century?

Elon Musk Is the Person of the Year. Who Is the Person of the Century?

New York Times tech columnist Kevin Roose is back to talk about the Age of Elon, why tech’s most famous founders are acting so weird, and why I’m wrong about remote work. Plus, a 2022 prediction. Host: Derek Thompson Guest: Kevin Roose Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Dec 20211h 4min

The Elizabeth Holmes Trial With Rebecca Jarvis of 'The Dropout' Podcast

The Elizabeth Holmes Trial With Rebecca Jarvis of 'The Dropout' Podcast

Derek is obsessed with the trial of disgraced Theranos founder Elizabeth Holmes—and he hopes you are too. Days away from the trial's end, Derek and Rebecca review the most jaw-dropping evidence in the case, the cringiest text messages, the biggest wins for the prosecution, the best moments for the defense, and the larger meaning of the tech trial of the century. Host: Derek Thompson Guest: Rebecca Jarvis Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Dec 202148min

Media Report Card! Biden Blues, Omicron Fears, Chris Cuomo, and a Celebrity Profile for the Ages

Media Report Card! Biden Blues, Omicron Fears, Chris Cuomo, and a Celebrity Profile for the Ages

Bryan Curtis from The Ringer’s ‘The Press Box’ podcast joins Derek to hand out grades to the news media for its coverage of Biden, the pandemic, and more.  Host: Derek Thompson Guest: Bryan Curtis Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Dec 202144min

Work in America Is Broken—Can Remote Work Save Us?

Work in America Is Broken—Can Remote Work Save Us?

Derek talks to Anne Helen Petersen, the coauthor of 'Out of Work: The Big Problem and Bigger Promise of Working from Home,' about Americans' relationship to our jobs, work as an identity, and burnout as a policy choice. Host: Derek Thompson Guest: Anne Helen Petersen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Dec 202139min

BONUS POD: The Future of Democracy, the Media, and the Economy With Andrew Yang

BONUS POD: The Future of Democracy, the Media, and the Economy With Andrew Yang

In our first weekend special, Andrew interviews Derek about the state of the economy, and Derek interviews Andrew about the various plagues of U.S. politics. Host: Derek Thompson Guest: Andrew Yang Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Dec 20211h 3min

The Bad Guys Are Winning

The Bad Guys Are Winning

Derek talks to The Atlantic's Anne Applebaum on the decline of democracy and the rise of a new form of authoritarianism in Russia, China, Europe, and the U.S. Host: Derek Thompson Guest: Anne Applebaum Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Dec 202152min

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