The Ezra Klein Show - The Three Forces Deranging the Economy in 2025

This is the strangest economy I’ve seen in my lifetime. If you just looked at the macro data — the jobs numbers, G.D.P., the stock market — things look pretty normal. But they clearly aren’t normal. The Trump administration spent the year upending the global trade system while tech companies spent hundreds of billions of dollars on A.I., a technology that could potentially displace many of our jobs. And people don’t feel normal, either. Survey data shows that the vibecession rages on.

Tracy Alloway and Joe Weisenthal are the co-hosts of the excellent economics podcast “Odd Lots” and have closely followed all the chaos this year. So I wanted to have them on the show to explain what the hell is going on.

Mentioned:

Charts

Odd Lots

The Three-Body Problem by Cixin Liu

The Vibecession: The Self-Fulfilling Prophecy” by Kyla Scanlon

Everyone is Gambling and No One is Happy” by Kyla Scanlon

Book Recommendations:

Breakneck by Dan Wang

North Woods by Daniel Mason

A Marriage at Sea by Sophie Elmhirst

The Digital Reversal by Andrey Mir

Orality and Literacy by Walter J. Ong

No Sense of Place by Joshua Meyrowitz

Thoughts? 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.

This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Annika Robbins, with Kate Sinclair and Mary Marge Locker. Our senior engineer is Jeff Geld, with additional mixing by Isaac Jones. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Michelle Harris, Kristin Lin, Emma Kehlbeck, Jack McCordick, Marina King and Jan Kobal. Original music by Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser. And special thanks to Kimberly Clausing, Natasha Sarin and Kyla Scanlon.

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.

Pod Save America - The 2025 Pundies: Highs & Lows from a Long Year

As the first year of Trump 2.0 limps to a close, it's time to celebrate 2025’s worst takes and funniest moments with The Pundies, Pod Save America's annual awards show! Jon, Lovett, Dan, and Tommy, joined by producer Elijah Cone, debate which political beef of 2024 was the most entertaining, which Trump administration official should be anointed "The Worst," whether this year's Democratic victories were enough to wash away all the pain, and lots more.

For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.


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The Indicator from Planet Money - The worst year of Warren Buffett’s career

As Warren Buffett aged, he became a different sort of figure. He transformed from short-term investor into long-term builder. He used Berkshire Hathaway to start buying companies and build an empire. Today on the show, how did Buffett’s fame become an investment tool and hHow did he handle the biggest crisis of his career? 

Related episodes: 
Planet Money Summer School 2: Index Funds & The Bet
Brilliant vs. Boring For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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Consider This from NPR - How the Trump administration stripped legal status from 1.6 million immigrants

The Trump administration has removed over 600,000 people without legal status from the U.S. through deportation this year, according to the Department of Homeland Security.


The Trump administration has also been busy revoking legal status for immigrants who entered the country through legal pathways -- affecting at least 1.6 million people -- by canceling programs and protections like CBP One, Temporary Protected Status, humanitarian parole and student visas.

That legal limbo means they too now fear the constant threat of deportation.

NPR's Sergio Martinez-Beltran and Ximena Bustillo recap the largest effort to delegalize immigrants in U.S. history.

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.

Email us at considerthis@npr.org.

This episode was produced by Vincent Acovino, with audio engineering by Ted Mebane. It was edited by Patrick Jarenwattananon, Eric Westervelt and Anna Yukhananov. Our executive producer is Sami Yenigun.

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Bad Faith - Episode 536 Promo – Compact Carnage (w/ Vijay Prashad)

Subscribe to Bad Faith on Patreon to instantly unlock this episode and our entire premium episode library: http://patreon.com/badfaithpodcast

Author and journalist Vijay Prashad returns to Bad Faith initially to discuss Venezuela but gets sidetracked by Briahna's frustration with several media happenings from last week: the Compact article "The Lost Generation" arguing that white millennial men have faced discrimination as a consequence of DEI, and Vivek Ramaswamy's New York Times op/ed that attempts to pull the GOP back from its descent into open racism, which often manifests in the use of anti-Indian slurs against Ramaswamy and Second Lady Usha Vance. The two do get to Venezuela eventually, but life is about the journey.

Subscribe to Bad Faith on YouTube for video of this episode. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod).

Produced by Armand Aviram.

Theme by Nick Thorburn (@nickfromislands).

The Indicator from Planet Money - The spite acquisition that launched Warren Buffett

With an unprecedented decades-long run of success, Warren Buffett is retiring on December 31, 2025. Buffett’s turning point began with the acquisition of a failing textile mill called Berkshire Hathaway. What began as a “terrible mistake” became the foundation for his empire. Today on the show, how did Buffett become this legendary figure? 

Related episodes: 
Planet Money Summer School 2: Index Funds & The Bet
Brilliant vs. Boring For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Consider This from NPR - We use our smartphones for just about everything – why not voting?

Entrepreneur, political strategist and philanthropist Bradley Tusk argues his new online voting tech could revolutionize participation in American elections. He is hellbent on making online voting a reality - even at a time when much of the election establishment thinks that is a very bad idea. NPR's Miles Parks speaks with Tusk about how Tusk's organization, the Mobile Voting Project, is pushing a major technology makeover for American democracy.


For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org

Email us at considerthis@npr.org.

This episode was produced by Avery Keatley. It was edited by Ben Swasey and Sarah Robbins. Our executive producer is Sami Yenigun.

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