****** Why Paul Krugman is Panicking

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The Great Depopulation
The birth rate is dropping in every country on Earth, @DKThomp writes. He spoke with the economist Jesús Fernández-Villaverde about why the birth rate is dropping, why it matters, and just how steep the decline is likely to get: https://www.theatlantic.com/ideas/2026/05/global-birthrate-decline/687297/?gift=yGKGqaI9BMfIDuch_TrGYXPtzNk7yPv4DsIMga2tBqc&utm_source=email&utm_medium=social&utm_campaign=social
A Sweeping Theory of Everything Is Revolutionizing the Democratic Party
Barry Lynn has convinced many Democrats that corporate consolidation is the root of all evil—and that all who disagree must be expunged, @JonathanChait argues. He spoke with Lynn about whether Democrats could regret the neo-Brandesian movement’s success: https://www.theatlantic.com/ideas/2026/05/antitrust-theory-barry-lynn/687287/?gift=yGKGqaI9BMfIDuch_TrGYaDONgTIoQIeYxT2Uv56FL0&utm_source=email&utm_medium=social&utm_campaign=social
***** Yuval Noah Harari on Donald Trump’s Core Delusion
Yuval Noah Harari on Donald Trump’s Core Delusion https://www.nytimes.com/2026/05/26/opinion/ezra-klein-podcast-yuval-noah-harari.html?unlocked_article_code=1.llA.Vjyn.Y-WxrkpYEM2W&smid=url-share
NYTimes: How Democrats Can Win, According to This Nobel Economist
How Democrats Can Win, According to This Nobel Economist https://www.nytimes.com/2026/05/24/opinion/democrats-2028-election-expert.html?smid=nytcore-android-share Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
Trump’s Endgame Is Surrender
Trump’s endgame in Iran has become clear—as has his desire to slip away without Americans noticing the magnitude of this defeat, Robert Kagan argues. https://www.theatlantic.com/international/2026/05/trump-surrender-iran-endgame/687252/?gift=yGKGqaI9BMfIDuch_TrGYYS1et_Hcuww_EBwHTjpuWU&utm_source=email&utm_medium=social&utm_campaign=social
The Economic Experiment That Upended Reality
“The iron law that said raising wages kills jobs is dead. The evidence killed it. What remains is to bury the paradigm that kept it alive—and to rebuild the country it broke,” @NickHanauer and @EricBeinhocker write: https://www.theatlantic.com/ideas/2026/05/minimum-wage-experiment-worked/687255/?gift=yGKGqaI9BMfIDuch_TrGYTe_7qjRspMNyaD7nR_4Kts&utm_source=email&utm_medium=social&utm_campaign=social
A I is killing this cheap smartphone
https://open.substack.com/pub/davidoks/p/ai-is-killing-the-cheap-smartphone?utm_source=share&utm_medium=android&r=3azmy Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
NYTimes: There Are Scandals. There Is the Law. And Then There’s This.
There Are Scandals. There Is the Law. And Then There’s This. https://www.nytimes.com/2026/05/21/opinion/trump-anti-weaponization-fund.html?unlocked_article_code=1.kVA.6kDq.yfVEPJPxf49-&smid=nytcore-android-share Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
Trump’s Iran War: America’s Loss Is China’s Win
The military historian Phillips O’Brien joins David Frum to discuss the fallout from the war in Iran, Russia’s stalemate with Ukraine, and Trump’s recent meeting with President Xi Jinping in China. Watch the full episode: https://www.theatlantic.com/podcasts/2026/05/david-frum-show-phillis-obrien-iran-war-china/687234/?gift=yGKGqaI9BMfIDuch_TrGYeFI472KczZgfBxAVrAnwa8&utm_source=email&utm_medium=social&utm_campaign=social
Trump’s Iran War: America’s Loss Is China’s Win
The military historian Phillips O’Brien joins David Frum to discuss the fallout from the war in Iran, Russia’s stalemate with Ukraine, and Trump’s recent meeting with President Xi Jinping in China. Watch the full episode: https://www.theatlantic.com/podcasts/2026/05/david-frum-show-phillis-obrien-iran-war-china/687234/?gift=yGKGqaI9BMfIDuch_TrGYeFI472KczZgfBxAVrAnwa8&utm_source=email&utm_medium=social&utm_campaign=social

The Great Depopulation
The birth rate is dropping in every country on Earth, @DKThomp writes. He spoke with the economist Jesús Fernández-Villaverde about why the birth rate is dropping, why it matters, and just how steep the decline is likely to get: https://www.theatlantic.com/ideas/2026/05/global-birthrate-decline/687297/?gift=yGKGqaI9BMfIDuch_TrGYXPtzNk7yPv4DsIMga2tBqc&utm_source=email&utm_medium=social&utm_campaign=social
A Sweeping Theory of Everything Is Revolutionizing the Democratic Party
Barry Lynn has convinced many Democrats that corporate consolidation is the root of all evil—and that all who disagree must be expunged, @JonathanChait argues. He spoke with Lynn about whether Democrats could regret the neo-Brandesian movement’s success: https://www.theatlantic.com/ideas/2026/05/antitrust-theory-barry-lynn/687287/?gift=yGKGqaI9BMfIDuch_TrGYaDONgTIoQIeYxT2Uv56FL0&utm_source=email&utm_medium=social&utm_campaign=social
***** Yuval Noah Harari on Donald Trump’s Core Delusion
Yuval Noah Harari on Donald Trump’s Core Delusion https://www.nytimes.com/2026/05/26/opinion/ezra-klein-podcast-yuval-noah-harari.html?unlocked_article_code=1.llA.Vjyn.Y-WxrkpYEM2W&smid=url-share
NYTimes: How Democrats Can Win, According to This Nobel Economist
How Democrats Can Win, According to This Nobel Economist https://www.nytimes.com/2026/05/24/opinion/democrats-2028-election-expert.html?smid=nytcore-android-share Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
Trump’s Endgame Is Surrender
Trump’s endgame in Iran has become clear—as has his desire to slip away without Americans noticing the magnitude of this defeat, Robert Kagan argues. https://www.theatlantic.com/international/2026/05/trump-surrender-iran-endgame/687252/?gift=yGKGqaI9BMfIDuch_TrGYYS1et_Hcuww_EBwHTjpuWU&utm_source=email&utm_medium=social&utm_campaign=social
The Economic Experiment That Upended Reality
“The iron law that said raising wages kills jobs is dead. The evidence killed it. What remains is to bury the paradigm that kept it alive—and to rebuild the country it broke,” @NickHanauer and @EricBeinhocker write: https://www.theatlantic.com/ideas/2026/05/minimum-wage-experiment-worked/687255/?gift=yGKGqaI9BMfIDuch_TrGYTe_7qjRspMNyaD7nR_4Kts&utm_source=email&utm_medium=social&utm_campaign=social
A I is killing this cheap smartphone
https://open.substack.com/pub/davidoks/p/ai-is-killing-the-cheap-smartphone?utm_source=share&utm_medium=android&r=3azmy Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
NYTimes: There Are Scandals. There Is the Law. And Then There’s This.
There Are Scandals. There Is the Law. And Then There’s This. https://www.nytimes.com/2026/05/21/opinion/trump-anti-weaponization-fund.html?unlocked_article_code=1.kVA.6kDq.yfVEPJPxf49-&smid=nytcore-android-share Sent via the Samsung Galaxy S25 FE, an AT&T 5G smartphone Get Outlook for Android
Trump’s Iran War: America’s Loss Is China’s Win
The military historian Phillips O’Brien joins David Frum to discuss the fallout from the war in Iran, Russia’s stalemate with Ukraine, and Trump’s recent meeting with President Xi Jinping in China. Watch the full episode: https://www.theatlantic.com/podcasts/2026/05/david-frum-show-phillis-obrien-iran-war-china/687234/?gift=yGKGqaI9BMfIDuch_TrGYeFI472KczZgfBxAVrAnwa8&utm_source=email&utm_medium=social&utm_campaign=social
Trump’s Iran War: America’s Loss Is China’s Win
The military historian Phillips O’Brien joins David Frum to discuss the fallout from the war in Iran, Russia’s stalemate with Ukraine, and Trump’s recent meeting with President Xi Jinping in China. Watch the full episode: https://www.theatlantic.com/podcasts/2026/05/david-frum-show-phillis-obrien-iran-war-china/687234/?gift=yGKGqaI9BMfIDuch_TrGYeFI472KczZgfBxAVrAnwa8&utm_source=email&utm_medium=social&utm_campaign=social