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President Trump bids farewell to Elon Musk, who leaves a mixed legacy at DOGE. Supreme Court allows the Trump administration to end legal protections for half a million immigrants. Hamas continues to review U.S. proposal for cease fire in Gaza.
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Oxford political scientist Ben Ansell discusses the meme-worthy but deeply explanatory concept of FAFO—f**k around and find out—and its subtler cousin FADFO, where reckless policy choices oddly fail to produce blowback. Why bad ideas often go unpunished, from Brexit to tariffs to defund-the-police slogans and MMT. Ansell argues that liberal democracies build buffers that delay "finding out," which populists and ideologues exploit. Plus, thoughts on the limits of idealism in higher ed diplomacy, especially when it comes to the assumed cultural benefits of hosting thousands of Chinese nationals at U.S. universities.
Produced by Corey Wara
Production Coordinator Ashley Khan
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The economic reports out this week gave a fuzzy view of the economy, but next week will be all about jobs: job openings, labor productivity, and the latest jobs report. So far this year, employment has been pretty even-keeled — despite tariff uncertainty. Will May data be any different? Also in this episode: A field guide to the ultra-wealthy and a Minnesota family of seven (soon to be eight) grapples with higher costs.
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Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover: 1) Anthropic CEO Dario Amodei's prophesy that 50% of entry level work will disappear 2) Hype or true: Is mass AI-driven unemployment just marketing? 3) How Amodei's prediction could come true 4) How work might shift even before job loss, as in the case of Amazon's engineers 5) NVIDIA's business is booming 6) Are export restrictions on China working? 7) DeepSeek's updated R1 model is here 8) Meta's AI problems 9) Meta teams up with Anduril 10) Did Mark call Palmer? 11) Grammarly's unique funding model 12) Elon Musk gets out of DOGE 13) CEOs using AI avatars on earnings calls
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Plus: Costco and Gap see different impacts of tariffs on their businesses. Shares of Ulta Beauty rally after the cosmetics retailer raises its annual outlook. And an experimental lung-disease treatment by Sanofi and Regeneron delivers mixed results. Victoria Craig hosts.
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Five years later, Victor Davis Hanson takes a hard look at real aftermath of Floyd’s death on this episode of “Victor Davis Hanson: In His Own Words.”
“ There was $2 billion in damage. There was a police precinct burned to the ground, in Minneapolis. There was a federal courthouse that was burned. There was a historic St. John's Church—across from the White House—that was torched. A mob tried to go into the White House grounds and reach the president.”
“And the country now is learning it's lessons. It's trying to find a sober solution. A reaction. I think they're trying—we're trying to come to a conclusion. Why in the world did we go completely collectively insane?”
(1:27) Background on George Floyd
(2:49) The Aftermath and Riots
(5:00) Systemic Racism and Anti-Racism Movement
(5:55) Impact on Universities and Society
(7:01) Current Reflections and Conclusions
(8:55) Closing Remarks and Call to Action
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P.M. Edition for May 30. President Trump says farewell to Elon Musk as the billionaire returns to the private sector. And American consumers are feeling gloomy about the economy. WSJ reporter Chao Deng says economists chalk that up to the tariff news cycle. Plus, the Supreme Court allows the Trump administration to cancel temporary protections for about 500,000 migrants. Pierre Bienaimé hosts.
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