Fareed Zakaria Thinks Steve Bannon Got One Thing Right

“The Rachel Maddow Show” debuted in the interregnum between political eras. Before it lay the 9/11 era and the George W. Bush presidency. Days after the show launched in 2008, Lehman Brothers collapsed, and a few weeks later Barack Obama was elected president.And then history just kept speeding up. The Tea Party. The debt ceiling debacles. Donald Trump. The coronavirus pandemic. January 6th. The big lie. Maddow covered and tried to make sense of it all. Now, after 14 years, she has taken her show down to one episode a week and is beginning other projects — like “Ultra,” the history podcast we discuss in this episode.But I wanted to talk to Maddow about how American politics and media has changed over the course of her show. We discuss the legacies of the wars in Iraq and Afghanistan, the cycle of economic crises we appear to keep having, Maddow’s relationships with Pat Buchanan and Tucker Carlson, where the current G.O.P.’s anti-democracy efforts really started, how Obama’s presidency changed politics, how Maddow finds and chooses her stories, the statehouse Republicans who tilled the soil for Trump’s big lie and more.Book Recommendations:Hitler in Los Angeles by Steven J. RossNazis of Copley Square by Charles R. GallagherHitler’s American Friends by Bradley W. HartThe Oppermanns by Lion Feuchtwanger1940 by Susan DunnDown in New Orleans Billy SothernThoughts? Email us at ezrakleinshow@nytimes.com. (And if you're reaching out to recommend a guest, please write  “Guest Suggestion" in the subject line.)You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin, Jeff Geld and Rogé Karma. Our researcher is Emefa Agawu. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Jeff Geld. Audience strategy by Shannon Busta. Special thanks to Kristin Lin and Kristina Samulewski. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

14 Okt 20221h 23min

Today we’re bringing you an episode from the recently launched New York Times podcast, Hard Fork. Hosted by veteran tech journalists Kevin Roose and Casey Newton, Hard Fork is a rigorous and fun exploration of Silicon Valley’s already-emerging future — and its evolving imprint on the rest of the world.In this episode, Kevin and Casey discuss Elon Musk’s on-again-off-again – and recently on-again – interest in Twitter, as the billionaire signals once again that he’s buying the social media platform. What might be behind the change of heart? And what will the deal mean for employees and users? Casey and Kevin swap theories and predictions — and also step into the metaverse with the New York Times reporter Kashmir Hill.Hard Fork is produced by Davis Land. Edited by Paula Szuchman and Hanna Ingber. Fact-checking by Caitlin Love. Original music by Dan Powell, Elisheba Ittoop and Marion Lozano. Engineered by Corey Schreppel. Special thanks to Sam Dolnick, Shannon Busta, Julia Simon, Larissa Anderson, Pui-Wing Tam, Kate LoPresti, Nell Gallogly, Mahima Chablani and Jeffrey Miranda.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

11 Okt 20221h 6min

“There are moments when history making creeps up on you,” writes the economic historian Adam Tooze. “This is one of those moments.”Countries across the world are raising interest rates at unprecedented speeds. That global monetary tightening is colliding with spiking food and energy prices, financial market instability, high levels of emerging market debt and economies still struggling to recover from the Covid pandemic. Alone, each of these factors would warrant concern; combined, they could be catastrophic.We’re already beginning to see what happens as these dynamics intersect: Britain just experienced a bond market meltdown that threatened one of the most advanced financial systems in the world. Developing countries like Sri Lanka, Argentina and Pakistan are experiencing political and economic crises. The World Bank believes we could be headed for a severe global recession.Tooze is the director of the European Institute at Columbia University and the author of multiple histories of financial crises and near crises and of the excellent Chartbook newsletter. He believes this particular confluence of high inflation, rising interest rates and high levels of debt points to an economic “polycrisis” unlike any the world has seen. And he and others have argued that the U.S. Fed’s decision to raise interest rates is a core driver of that crisis.So this is a conversation about the fragile, uncertain future of the global economy at this history-making moment and the Fed’s role in it. We discuss what the British financial market meltdown means for the rest of the world, how the interest rate hikes in rich countries export inflation to other countries, the looming possibility of a global recession, why Tooze believes something could break in the global financial system, why countries in South Asia are experiencing a particularly severe form of “polycrisis,” how the Fed should weigh its mandate to bring down inflation against the global consequences of its actions, why he believes analogies to the American inflationary period of the 1970s are misguided and more.Mentioned:“Slouching Towards Utopia by J Bradford DeLong — fuelling America’s global dream” by Adam ToozeBook recommendations:The Neapolitan Novels by Elena FerranteYouthquake by Edward PaiceSlouching Towards Utopia by J. Bradford DeLongThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin, Jeff Geld and Rogé Karma. Fact-checking by Michelle Harris, Rollin Hu, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Jeff Geld. Audience strategy by Shannon Busta. Special thanks to Kristin Lin, Kristina Samulewski, Jason Furman, Mike Konczal and Maurice Obstfeld. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

7 Okt 20221h 25min

The National Institute of Mental Health estimates that nearly one in five adults in America lives with a mental illness. And we have plenty of evidence — from suicide rates to the percentage of Americans on psychopharmaceuticals — that our collective mental health is getting worse. But beyond mental health diagnoses lies a whole, complicated landscape of difficult, often painful, mental states that all of us experience at some point in our lives.Rachel Aviv is a longtime staff writer at The New Yorker and the author of the new book “Strangers to Ourselves: Unsettled Minds and the Stories That Make Us.” Aviv has done some of the best reporting toward answering questions like: How do people cope with their changing — and sometimes truly disturbing — mental states? What can diagnosis capture, and what does it leave out? Why do treatments succeed or fail for different people? And how do all of us tell stories about ourselves — and our minds — that can either trap us in excruciating thought patterns or liberate us?We discuss why children seeking asylum in Sweden suddenly dropped out mentally and physically from their lives, how mental states like depression and anxiety can be socially contagious, how mental illnesses differ from physical ailments like diabetes and high blood pressure, what Aviv’s own experience with childhood anorexia taught her about psychology and diagnosis, how having too much “insight” into our mental states can sometimes hurt us, how social forces like racism and classism can activate psychological distress, the complicated decisions people make around taking medication or refusing it, how hallucinations can be confused with — or might even count as — a form of spiritual connection, what “depressive realism” says about the state of our society, how we can care for one another both within and beyond the medical establishment, and more.This episode contains a brief mention of suicidal ideation. If you are having thoughts of suicide, text 988 to reach the Suicide & Crisis Lifeline. A list of additional resources is available at SpeakingOfSuicide.com/resources.Mentioned:“It’s Not Just You,” a series on mental health in America from New York Times Opinion“The Trauma of Facing Deportation” by Rachel AvivRuth Ozeki on The Ezra Klein Show: “What We Gain by Enchanting the Objects in Our Lives”Thomas Insel on The Ezra Klein Show: “A Top Mental Health Expert on Where America Went Wrong”Judson Brewer on The Ezra Klein Show: “That Anxiety You’re Feeling? It’s a Habit You Can Unlearn.”Book Recommendations:Madness and Modernism by Louis SassOf Two Minds T.M. Luhrmann“Wants” by Grace PaleyThoughts? Email us at ezrakleinshow@nytimes.com. (And if you're reaching out to recommend a guest, please write  “Guest Suggestion" in the subject line.)You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Sonia Herrero, Isaac Jones and Carole Sabouraud. Audience strategy by Shannon Busta. Special thanks to Kristin Lin and Kristina Samulewski. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

4 Okt 20221h 7min

When most people hear “crypto,” the first thing they think of is “currencies.” Cryptocurrencies have skyrocketed in popularity over the past few years. And they’ve given rise to an entire ecosystem of financial speculation, get rich quick schemes, and in some cases outright fraud.But there’s another side of crypto that gets less attention: the segment of the community that is interested in the way the technology that powers crypto can decentralize decision making, make institutions more transparent and transform the way organizations are governed. That’s the side I find far more interesting.There are few individuals as central to that latter segment of crypto as Vitalik Buterin. When he was still just a teenager, Buterin co-founded Ethereum, a decentralized platform whose token Ether is the second most valuable cryptocurrency today, surpassed only by Bitcoin. But the vision behind Ethereum was that the blockchain technology could be used for more than digital money; it could create a sort of digital infrastructure on top of which organizations and companies and applications could be built — ostensibly free of centralizing structures like banks and governments.Over the last decade, Buterin has become arguably the core public intellectual on the nonfinancial side of crypto. His new book, “Proof of Stake,” is a collection of long, thoughtful essays that taken together lay out a vision of crypto as a truly transformative technology — one with the potential to revolutionize everything from city governance to voting systems to online identity.I myself have dueling impulses about Buterin’s vision. On the one hand, I believe many of our governing systems and institutions are badly in need of the kind of reimagining he is engaged in. On the other hand, I’m deeply skeptical of whether the issues Buterin and his ilk are focused on are actually technological problems that blockchains can solve. So this is a conversation that sits squarely within that tension.Mentioned:Seeing Like a State by James C. ScottBook recommendations:The Rise and Fall of the Third Reich by William L. ShirerHarry Potter and The Methods of Rationality by Eliezer YudkowskyAlgorithmic Game Theory by Noam Nisan, Tim Roughgarden, Eva Tardos and Vijay V. VaziraniThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Sonia Herrero, Isaac Jones and Carole Sabouraud. Audience strategy by Shannon Busta. Special thanks to Kristin Lin, Kristina Samulewski, Will Wilkinson, Alex Tabarrok, Glen Weyl and Nathan Schneider. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

30 Sep 20221h 37min

Why do some countries produce far more science Nobel laureates than others? Why did Silicon Valley happen in California rather than Japan or Boston? Why did the Industrial Revolution happen when it did and where it did?These are just some of the questions that have inspired the formation of a new intellectual movement called “progress studies.” The basic idea is this: For hundreds of thousands of years, human history played out without any rapid, marked advance in material living standards. And then, suddenly, in just the past few hundred years, everything changed: Humanity achieved a truly mind-boggling amount of progress in the evolutionary blink of an eye. In the early 21st century, we are all living in the world that progress bequeathed. And yet we understand shockingly little about what drives that progress in the first place.That’s important because, at least according to some metrics, progress seems to be slowing down. We spend far more on scientific research but that research results in fewer breakthrough discoveries. Key economic indicators such as productivity growth have slowed. Many have argued that the technologies we’ve invented in recent decades, while highly impressive, aren’t as transformative as the technologies from the last century. All of which means that the questions animating progress studies aren’t mere academic exercises; they are central to understanding how we can bring about a better future for all.Patrick Collison is the co-founder and chief executive of the multibillion-dollar payments company Stripe. But for years now, Collison has also been developing and advocating a worldview that has become the intellectual backbone of this new discipline. In 2019, Collison, alongside the economist Tyler Cowen,  called for “a new science of progress.” And since then, an intellectual ecosystem has sprung up around it, full of its own magazines and thinkers and syllabuses and podcasts. And Collison himself is putting its theories into practice through organizations  (like Fast Grants and Arc Institute) that he’s founded and funded.This conversation is an attempt to better understand Collison’s worldview, and more broadly the worldview of progress studies. The ideas that animate progress studies are worth taking seriously on their own terms. But they are also important because they are becoming increasingly influential among a wealthy elite with the power and resources to shape all of our futures.Mentioned:“Science Is Getting Less Bang for Its Buck” by Patrick Collison and Michael NielsenA Culture of Growth by Joel Mokyr"Kludgeocracy in America" by Steve Teles Book Recommendations:Empire and Revolution by Richard BourkeScene of Change by Warren WeaverA Widening Sphere by Philip N. AlexanderThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Sonia Herrero, Isaac Jones and Carole Sabouraud. Audience strategy by Shannon Busta. Special thanks to Kristin Lin and Kristina Samulewski. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

27 Sep 20221h 31min

When Russia invaded Ukraine in February, the question most analysts were asking was not whether Russia would win. It was how fast. On almost every quantifiable metric from military strength to economic size Russia has decisive advantages over Ukraine. A swift Russian victory appeared inevitable.Of course, that swift victory didn’t happen. And in recent weeks, the direction of the war has begun to tilt in Ukraine’s direction. On Sept. 6, the Ukrainian military launched a counteroffensive near Kharkiv in northern Ukraine and regained 3,400 square miles of territory in a week — more territory than Russia had captured in the last five months. Analysts are now saying it’s unlikely that Vladimir Putin can accomplish one of his chief aims: annexing the Donbas by force.Andrea Kendall-Taylor is the director of the trans-Atlantic security program at the Center for a New American Security. She’s a former intelligence officer who, from 2015 to 2018, led strategic analysis on Russia at the National Intelligence Council. When we spoke, she was recently back from a trip to Ukraine. And she believes that the long-term trends favor a Ukrainian victory.In this conversation, Kendall-Taylor helps me understand this watershed moment in the war. We discuss why Ukraine’s recent counteroffensive was so significant; how it and other recent developments have hampered Russian morale, manpower and weapons supply; whether sanctions are really influencing Russia’s strategy, and how sanctions might get worse; how this conflict is profoundly changing Europe; whether this recent turn of events signals a possible Ukrainian victory; why “personalist dictators” like Putin can be so dangerous when backed into a corner; how likely it is that we’ll see stalemate or settlement negotiations in the near future; how Kendall-Taylor rates the likelihood of various outcomes; what we should expect in the next phase of the war and more.Mentioned:“Ukraine Holds the Future” by Timothy Snyder“The Russia-Ukraine War at Six Months” by Adam ToozeRecommendations:Stalin: Paradoxes of Power, 1878-1928 by Stephen KotkinTwitter Accounts to Follow for Russia-Ukraine War Analysis:Michael KofmanRob LeeMick RyanThe Institute for the Study of WarThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Sonia Herrero, Isaac Jones and Carole Sabouraud. Audience strategy by Shannon Busta. Special thanks to Kristin Lin, Kristina Samulewski and Emma Ashford. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

23 Sep 20221h 17min

In August, Joe Biden signed into law the Inflation Reduction Act, which included $392 billion towards a new climate budget — the single largest investment in emissions reduction in U.S. history. The CHIPS and Science Act and the Bipartisan Infrastructure Act bring that number up to around $450 billion. All of that spending is designed with one major objective in mind: to put the United States on a path to a decarbonized economy, with the goal of reaching net zero emissions by 2050.Achieving that goal is perhaps the single most important challenge of our age. And so I wanted to dedicate a full episode to it. How big is the task of decarbonizing the U.S. economy? What do we actually need to do to get there? How does the I.R.A. help do that? And what are the biggest obstacles still standing in our way?Jesse Jenkins is an assistant professor of mechanical and aerospace engineering at Princeton University and leads the Princeton ZERO Lab. He was a lead author of the Net Zero America report, the most comprehensive attempt to map out the different pathways to decarbonization I’ve seen. He also leads the REPEAT Project, which has done some of the most in-depth modeling of how the Inflation Reduction Act and other climate policies could affect emissions.As a result, this conversation ended up being the single clearest explanation I’ve heard of both the path to decarbonizing America and the impact the Biden administration’s climate bills could have on that effort. I learned a ton from this one, and I think you will too.Book recommendations:Making Climate Policy Work by Danny Cullenward and David G. Victor“Sequencing to Ratchet Up Climate Policy Stringency” (academic paper) by Michael Pahle, Dallas Burtraw, Christian Flachsland, Nina Kelsey, Eric Biber, Jonas Meckling, Ottmar Edenhofer and John ZysmanHow Solar Energy Became Cheap by Gregory F. NemetThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Rollin Hu. Original music by Isaac Jones. Mixing by Carole Sabouraud and Isaac Jones. Audience strategy by Shannon Busta. Special thanks to Kristin Lin and Kristina Samulewski. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

20 Sep 20221h 41min