The Political Orphanage

Why is Germany's anti-immigration AfD surging in popularity? And why does immigration seem to work better in America than in Europe? Harris, a Bosnian refugee turned American citizen who now lives and works in Germany, joins us to explore the economic, cultural, and political tensions fueling Europe's immigration backlash. We discuss Germany's sprawling welfare state, bureaucratic obstacles to integration, immigrant crime statistics, the challenges of assimilating refugees, and the difference between civic and ethnic nationalism. Along the way, we examine whether the AfD's rise reflects legitimate grievances, xenophobia, economic stagnation, or a growing sense that Germany's political establishment has lost control. Discord Server: https://discord.gg/D2uBGknhe NOTE: This episode has been edited for purposes of brevity and flow. On occassions when I do this, I make the unedited vrsion available as well. The original can be found here: https://drive.google.com/file/d/1HP02k2rFmgs1neximy-jeF6cqa30_x4l/view?usp=sharing

Americans pay vastly more for medicine than citizens of other wealthy countries, but are those countries getting a bargain at our expense? David Goldhill, author of Catastrophic Care and founder and CEO of the healthcare marketplace Sesame, joins the show to explain why he considers American healthcare a kind of "second NATO"—one in which the United States shoulders a disproportionate share of the costs of medical innovation while the rest of the world reaps the benefits. We discuss why American healthcare is so outrageously expensive, whether adopting a European-style system would undermine medical innovation, why hospitals compete on everything except price, and whether healthcare can ever function like a normal market.

When does a successful company become a dangerous monopoly? Heaton traces the strange history of American antitrust law, from railroad barons and Standard Oil to Hollywood studios and Big Tech, before diving into the intellectual cage match between Louis Brandeis and Robert Bork. Should regulators worry about corporations getting too big and powerful, or only step in when consumers actually get hurt? Along the way, Heaton encounters natural monopolies, vertical integration, glitter cartels, cowboy boots, suspiciously powerful coffin companies, and the surprisingly difficult question of what even counts as a market.

Alex Mayyasi of NPR's Planet Money joins me to explore some of the stranger forces shaping the economy. Why did the federal government create a legally mandated raisin cartel? Why are so many American corporations technically from Delaware? Should companies exist solely to make money? And are there times when price controls actually work? We also dig into Baumol's cost disease—the counterintuitive reason that as society gets richer, childcare, healthcare, restaurants, haircuts, teachers, and live performances can become increasingly expensive. Plus: how rising labor costs might be contributing to the loneliness epidemic, and how Lucille Ball and Desi Arnaz helped invent the modern television business. His book: "Planet Money: A Guide to the Economic Forces That Shape Your Life"

Are we racing toward an AI-powered golden age—or building something we won't be able to control? Justin Robert Young joins to explore the emerging philosophical divide over artificial intelligence: accelerate innovation and reap potentially enormous benefits, or slow down before we unleash risks we don't understand. We discuss OpenAI and Anthropic, the politics of AI regulation, competition with China, whether the AI boom is a bubble, the strongest case for the AI doomers, and the possibility that advances in AI could transform medicine, work, and even human aging. Plus: Justin explains why the best way to prepare for the AI revolution is surprisingly simple—start asking it dumb questions.