State of the World from NPR - How Alaska Went from Russian Colony to U.S. State
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Aziz Huq, University of Chicago law professor and author of The Collapse of Constitutional Remedies, lays out how federal courts have gutted the mechanisms for enforcing constitutional rights—blocking individuals harmed by police while greenlighting speculative corporate attacks on regulation. Also, Donald Trump crowns himself de facto CEO of the U.S. chip industry and gatekeeper of U.S. Steel’s future. And Matt Taibbi’s “year-to-date” murder stat takedown of D.C. backfires once he actually checks the date.
Produced by Corey Wara
Production Coordinator Ashley Khan
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”The global trading system as we have known it is dead.”
Those are the words of former US Trade Representative Michael Froman.
He’s now President of the Council on Foreign Relations.
If the era of global free trade is over, the question is…what comes next?
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This episode was produced by Kathryn Fink and Tyler Bartlam.
It was edited by Courtney Dorning.
Our executive producer is Sami Yenigun.
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Keyu Jin is an economist specializing in China’s economy, international macroeconomics, global trade imbalances, and financial policy. She is the author of The New China Playbook: Beyond Socialism and Capitalism.
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See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc.
Transcript:
https://lexfridman.com/keyu-jin-transcript
CONTACT LEX:
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EPISODE LINKS:
Keyu’s X: https://x.com/KeyuJin
Keyu’s Website: https://keyujin.com/
The New China Playbook (Book): https://amzn.to/4lpgmyK
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OUTLINE:
(00:00) – Introduction
(00:35) – Sponsors, Comments, and Reflections
(08:26) – Misconceptions about China
(12:57) – Education in China
(22:14) – Economic reforms of Deng Xiaoping
(27:33) – Mayor economy and GDP growth race
(41:20) – Growing up in China
(46:58) – First time in the US
(51:12) – China’s government vs business sector
(54:46) – Communism and capitalism
(58:25) – Jack Ma
(1:04:37) – China’s view on innovation and copying ideas
(1:11:15) – DeepSeek moment
(1:15:09) – CHIPS Act
(1:16:56) – Tariffs and Trade
(1:29:21) – Immigration
(1:34:08) – Taiwan
(1:39:54) – One-child policy
(1:47:51) – China’s economy collapse predictions
(1:52:34) – Advice for visiting China
PODCAST LINKS:
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The US president reportedly told European leaders that his goal for the summit was to secure a ceasefire between Kyiv and Moscow. Poland's president, Karol Nawrocki, was one of the Nato leaders on the call with the Donald Trump. We'll hear from his foreign policy advisor, Marcin Przydacz.
Also on the programme: Lebanon’s president Joseph Aoun has warned against foreign interference in the country’s affairs during a visit by a senior Iranian official, as his government takes steps towards disarming Hezbollah; and we'll hear about one project in Australia that's hoping to ease the world's rare earth bottleneck.
(Photo: US President Donald Trump delivers a speech as he hosts an event at the John F. Kennedy Centre for the Performing Arts, in Washington, DC, USA, 13 August 2025. Credit: WILL OLIVER/POOL/EPA/Shutterstock)
Not only is Trump succeeding, he is exceeding expectations as well. But the Left is not going down without a fight. Victor Davis Hanson explains the challenges being poised against Trump’s counterrevolution, and what he believes are the next steps on today’s episode of “Victor Davis Hanson: In His Own Words.”
“ The symptoms of the progressive project are not just the Democrats exercising power in Congress or holding the White House, it's how they get that power. And they get that power through PBS and NPR, now defunded; cable news and slanted network news, now under assault when they lie and defame and face court ramifications.
“ The majority of the American people oppose [Democrats’] agenda. And they do this through the bureaucracies, through the media, through the universities, through the popular culture. And these are the very sources that Donald Trump is asking them to reform. And the government is going to shrink. The government's gonna get out of the media business. The government's gonna take a hard look at universities, who want and obtain federal funds.”
👉Don’t miss out on Victor’s latest videos by subscribing to The Daily Signal today. You’ll be notified every time a new piece of content drops: https://www.youtube.com/dailysignal?sub_confirmation=1
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👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com
(0:00) The Greatest Counterrevolution (0:55) Trump's Radical Changes and Achievements (2:56) Public and Media Reactions (3:58) The Progressive Project (5:59) Challenges and Future Outlook (7:18) Conclusion
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P.M. Edition for Aug. 13. A revived tax deduction is prompting tech startups to dust off their hiring plans. WSJ special writer Theo Francis discusses the change and its implications. Plus, the New York Attorney General is suing the parent company of payments platform Zelle for allegedly failing to protect users from fraud. We hear from Journal reporter Dylan Tokar about why the suit, which was abandoned by a now-dismantled federal watchdog for consumers, may not be the last of its kind to come from attorneys general of democratic states. And President Trump meets with European leaders to discuss red lines in Ukraine. WSJ chief European political correspondent Bojan Pancevski joins to talk about how the call went and what it means ahead of Trump’s planned summit with Russian President Vladimir Putin on Friday. Alex Ossola hosts.
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Plus: Amazon announces new grocery services. Bullish’s stock soars on its IPO day. Cava misses growth expectations. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it’s no surprise restaurant stocks are down big this year, but the size of the drop in names like Cava and Chipotle are shocking. Plus, we cover the one restaurant tech stock you need to know.
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Cava’s big earnings drop
- Why Chipotle has struggled
- Restaurants as an economic warning
- 1 restaurant tech stock that’s still growing
Companies discussed: Cava (CAVA), Chipotle (CMG),
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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