America in the Age of Diagnosis

Today’s show is about what I consider the biggest mystery of the U.S. economy. Last year, economic experts predicted a recession in 2023 with more confidence than they’ve predicted any recession in decades. We ended up with what some people are calling immaculate disinflation: an economy with low unemployment, falling inflation, rising real wages, and narrowing inequality. Harvard economist Jason Furman joins the show to talk about why so many economists were so wrong and what their wrongness teaches us about how the economy works. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.  Host: Derek Thompson Guest: Jason Furman Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Aug 202336min

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically every Supreme Court justice of the last 40 years, 25 percent of the U.S. Senate, and one in eight Fortune 500 CEOs went to these schools. A new study on their admissions programs finds that they are heavily biased toward children from rich families. For applicants with the same SAT score, kids from families in the top 0.1 percent were more than twice as likely to get in compared to the average student. A coauthor on that paper, Harvard economist David Deming, talks to Derek about what his landmark study tells us about college, fairness, and the American Dream. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.  Host: Derek Thompson Guest: David Deming Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Aug 202350min

Richard Rhodes, the Pulitzer Prize-winning author of 'The Making of the Atomic Bomb,' discusses the life of J. Robert Oppenheimer, the Manhattan Project, the history of nuclear weapons, and the new film on his life by Christopher Nolan. 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: Richard Rhodes Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

25 Juli 202356min

The trouble brewing in the media and entertainment industry has become one of the most interesting—and truly perplexing—business stories in the world. How does everything seem so bad at the same time? The domestic box office is still in a recession. Pay TV is a nightmare. Streaming is a money pit. And actors and writers are on strike. How did this happen? And could it get worse before it gets better? Today’s guest is Julia Alexander, director of strategy for Parrot Analytics and a writer with Puck News. We discuss a brief history of Hollywood, how we got to this point, how Disney’s plight in particular tells a story of how streaming has roiled this town, how the strikes fit into this picture, and what these companies should do now. 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: Julia Alexander Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Juli 20231h 1min

By many measures, this is one of the best times to find a job in decades. And by many measures, Americans are locked in a state of extreme glumness about the country. Jordan Weissmann, Washington editor at Semafor, rejoins the show to talk about why the economy is much better than many Americans—and many economic commentators—think, and whether "Bidenomics" can fix what ails us. 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: Jordan Weissmann Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Juli 202357min

Calvin Newport is a computer science professor at Georgetown University and the author of, among other books, 'Deep Work' and 'A World Without Email.' At the heart of so much of Newport’s work is this incredibly rich mystery: Why hasn't the internet produced more geniuses? One possibility is that the productivity tools ironically inhibit our productivity. The average white-collar worker in marketing, advertising, finance, and media now spends up to 60 percent of the workweek engaged in electronic communication. In a recent survey, Microsoft found that video meetings had taken up so much of the day that a significant share of its workforce was logging online between 9 and 10 p.m. to finish their actual non-email, non-meeting work. In response to this relentless need to loop back and back and back, Newport came up with what he called the Deep Work Hypothesis: He said to learn hard things quickly, you must focus intensely without distraction. But the ability to perform this kind of deep focused work is becoming rare at exactly the same time it is becoming most valuable in our economy. In this conversation, we talk about deep work and shallow work, how our productivity tools make us less productive, and how to actually get things done. 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: Calvin Newport Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Juli 20231h 3min

University of Chicago professor Paul Poast breaks down Yevgeny Prigozhin's rebellion, Vladimir Putin's weakness, Russia's military incompetence, and the long-term implications of Saturday's bizarre 36-hour rebellion. 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: Paul Poast Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Juni 202357min

Today’s episode is the first in a new miniseries about getting stuff done. This episode in particular is about NOT getting stuff done. I consider myself an exceptional procrastinator. There are many times when I sit down at my computer to accomplish one task—say, answer my email; write five paragraphs—where I’ll immediately get swept into a text conversation, which will lead to some snooping around ESPN, which will remind me I should check The Atlantic homepage, where I’ll open three articles in separate tabs, and those articles will birth even more tabs, but they’re long articles and I want some coffee as a companion so maybe I should make some coffee, so I listen to a podcast while I do that, and I might as well check Twitter while I’m listening to the show, and three hours later, I’ve written absolutely nothing. I’ve spent way too much time thinking about procrastination, which is why it was such a pleasure to think out loud about it with an actual scientist: Tim Pychyl, a retired professor of psychology at Carleton University and a long-time productivity researcher. 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: Tim Pychyl Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Juni 202356min