Plain English with Derek Thompson

In the second of our two-episode series on Donald Trump, economics, and power, we talk to Henry Farrell, a professor of political science at Johns Hopkins. Farrell has written extensively on how the United States has in the last few years weaponized its economic power to force other countries to do its bidding, through sanctions or the freezing of bank accounts. Today, we consider the many ways th...

Today is the first of two interviews this week trying to answer this question: What is Trumponomics? From the 1980s to the 2010s, it was generally assumed that Republicans and Democrats had settled differences in economic policy. Republicans wanted lower taxes and less spending on welfare. Democrats wanted higher taxes and more social spending. Reality didn’t always conform to those differences. G...

Memory is the glue of life. Without it, our focus softens, our experience of the world blurs, and our identities melt away. But as people age, their memory declines. Many billions of dollars have been spent to understand the biological basis of dementia and to devise a cure. In most cases, they have failed spectacularly. But what if, rather than study the brains of people with advanced memory loss...

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...

According to analysis by Financial Times writer John Burn-Murdoch, something extraordinary has happened to Americans’ personalities in the last decade. Longitudinal tests indicate that we’ve collectively become less extroverted, less agreeable, and more neurotic. The most significant thing Burn-Murdoch found is that measures of conscientiousness among young Americans appears to be in a kind of fre...

Last week, the Bureau of Economic Analysis published the latest GDP report. It contained a startling detail. Spending on artificial intelligence added more to the U.S. economy than consumer spending last quarter. This is very quickly becoming an AI economy. I’m interested in how AI will change our jobs. But I’m just as curious about how it will change our minds. We’re already seeing that students...

Subscribe to Derek’s new Substack. In 1991, the median age of first-time homebuyers was 28. Now it’s 38, an all-time high. In 1981, the median age of all homebuyers was 36. Today, it’s 56—another all-time high. This is the hardest time for young people (defined, generously, up to 40!) to buy their first home in modern history. Derek talks about the history of how we got here and then brings on Blo...

Even before the cancellation of 'The Late Show With Stephen Colbert,' the business of comedy was changing rapidly. Twenty years ago, comedians aspired to be late-night hosts, or to star in movies, or to have their own sitcoms. But in 2025, late-night shows are going extinct, adult comedies in Hollywood are a thing of the past, and popular sitcoms are so rare these days that Gen Z viewers are still...

Sign up for Derek's Substack here. Harvard economist Jason Furman returns to the show to answer two big, burning questions. First, if Trump's economic ideas are as bad as most economists say, why isn't the U.S. economy doing much worse? Second, if Trump fires Jerome Powell, would it be the final blow that finally pushes the economy into a recession? If you have questions, observations, or ideas fo...

Couples are having kids much later in their lives. As young people spend more of their 20s and 30s getting established in their careers, and marriage is delayed, and home buying is delayed, the unstoppable force of delay runs up against the immovable object of human anatomy. It is harder for a 40-year-old to get pregnant than for a 20-year-old to do so. The best solution we have for the fertility...

Sign up for the Derek Thompson newsletter. In Game 7 of this year's NBA Finals, Indiana Pacers guard Tyrese Haliburton tore his Achilles in the first quarter while attempting to drive to the basket on an injured calf. It was the third major Achilles injury of the 2025 NBA playoffs. Curiously, Achilles tears are typically an older-dude injury, as they're most common in middle-aged men, according to...

The California housing crisis is a disaster and an emergency. Housing construction per capita has steadily fallen in the last few decades, while home prices, rent, and homeless rates have all soared. By some estimates, the state is three million units short of housing demand—the equivalent of seven San Franciscos. One of the major barriers to building more housing has for decades been provisions i...

Sign up for Derek Thompson's Substack here! Donald Trump rose to power in the Republican Party as a critic of the neoconservative tradition and was opposed to war in the Middle East. But after weeks of Israel’s aerial attacks of Iran, Trump shocked the world with targeted strikes of several Iranian nuclear facilities, including Natanz and Fordo. Suddenly, it seemed like President Trump was getting...

Before today’s show, a personal announcement. After almost 17 years at The Atlantic, I have just officially moved my writing full time to Substack, the newsletter platform. If you like this show, if you’re a fan of my work, I think you’ll love what I’m trying to build. Sign up here. 'Abundance,' the book I cowrote with Ezra Klein, has received sharp pushback from left-wing commentators. But the re...

Americans are unusually overweight and chronically ill compared to similarly rich countries. This episode presents a grand, unified theory for why that's the case. Our food environment has become significantly more calorie-rich and industrialized in the past few decades, sending our obesity rates soaring, our visceral fat levels rising, and our chronic inflammation surging. The result is an astoni...

Americans die younger and faster than the residents of almost every other rich country. Why? There's gun violence, drug overdoses, and car crashes. Young people are much more likely to die from these accidents than those in other countries. Just as importantly, Americans are more likely to die from chronic illness, especially heart disease and metabolic diseases. We eat more and worse food. We're...

I'm very concerned about the relationship between smartphone use and America's mental health crisis. But many researchers don't see things my way. They insist that there is little to no empirical data showing that smartphone and social media use drives up anxiety or depression. So what’s the truth about smartphones, social media, and mental health? That’s the question that the NYU researcher Jay V...

In November 1932, Germany was a republic. By the spring of 1933, it was a dictatorship. How did it all happen so quickly? Fascination with Adolf Hitler requires no news peg, but I’ve been particularly interested in understanding the story of Hitler's rise, because in the past few months, several prominent podcast hosts—including Joe Rogan and Tucker Carlson—have mainstreamed revisionist histories...

The tax and spending bill passed by House Republicans last week is the sort of bill that does so many different things that even budget experts could be forgiven for not realizing just how many different parts of the economy it will change. In the realm of workers' comp, the bill would eliminate taxes on overtime pay and tips. In terms of families, it would create new $1,000 savings accounts for c...

Last year, Kyle and Nicole Muldoon welcomed their baby KJ into the world. Almost immediately, doctors realized something was wrong. KJ had been born with a genetic mutation that made it impossible to regulate the amount of ammonia in his system. The rare disease had the potential to kill him or cause severe brain damage. But KJ is almost 10 months old today. And he’s doing better than ever. Becaus...

Psychology is hard, even when you’re just trying to understand what’s going on with one impossibly complex person. Romance psychology is particularly hard because you’re trying to understand what’s going on between two impossibly complex people. Eli Finkel is a professor of psychology at Northwestern University. Paul Eastwick is a professor at the University of California, Davis. Both are experts...

In every generation, important people predict that the end is near and the apocalypse is coming. In the 1960s, the fear was that population growth would destroy the planet—that fertility would outrun the food supply, and hundreds of millions of people would starve to death. The most famous warning was 'The Population Bomb,' a bestselling book published in 1968 by Stanford ecologist Paul Ehrlich, w...

On Monday, President Donald Trump signed an executive order telling drugmakers to slash the prices of their medicines. Once again, the president showed an amazing nose for interesting questions. Statistically, the U.S. accounts for 4 percent of the world’s population but nearly 50 percent of global pharmaceutical spending. Americans spend three to five times more on new branded drugs than people i...

In music, billion-dollar investments in old catalogues are squeezing out new music. In film, Hollywood has become addicted to the regurgitation of familiar IP. In visual art, critics bemoan the straitjacket of political correctness. On TV, as Derek told Bill Simmons, we're in a Gilded Age of television, where every prestigious show looks absolutely amazing—but that gilded veneer often covers up fo...

Last month, the unemployment rate for recent college grads surged to nearly 6 percent. Compared to the overall economy's jobless rate, the unemployment rate for recent grads is higher now than in any month on record, going back at least four decades. Business school grads are struggling, too. Last year, The Wall Street Journal reported that elite MBA programs saw that their most recent classes had...