What Next | Trump’s Animal-Spirit Economy

In this Money Talks: Amidst the Trump administration’s continued attacks on the press, David Enrich’s new book, Murder the Truth: Fear, the First Amendment, and a Secret Campaign to Protect the Powerful, feels incredibly timely. He joins Elizabeth Spiers to discuss his reporting on increasing efforts to exploit the legal system to protect the rich and powerful from being held accountable, creating an incredibly fraught landscape for journalists and news outlets. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ketamine has gone from a recreational psychedelic to an approved treatment, and it has caught on in Silicon Valley in a big way. Are the long-term effects of using ketamine—recreationally or therapeutically—sufficiently known? Are we witnessing them right now? Guest: Shayla Love, staff writer for the Atlantic. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: A leaked Signal message revealed illegal use of the commercial app by the Defense Department. Felix Salmon, Emily Peck, and Elizabeth Spiers explain how this is a common issue in finance, where employees often defy SEC regulations on secure communication in favor of more convenient ways of communicating. Then, a recent study shows that people are leaving states with anti-abortion laws and other evidence suggests political migration in the US is on the rise. Finally, Dollar Tree is selling Family Dollar to private equity for $1 billion, 10 years after buying it for $8 billion. The hosts discuss what might have led to the end of the disastrous merger.  In the Slate Plus episode: Felix joins What Next host Mary Harris to talk about the godfather of crypto, Satoshi Nakamoto.  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Memecoins are a niche type of cryptocurrency with no intrinsic value. But they remain a popular form of crypto, as seen earlier this year with President Trump’s own memecoin. And if it worked for him, then why not our little podcast?  Guests:  Azeem Khan, advisor to UNICEF’s crypto fund and cocreator of the blockchain Morph. Nitish Pahwa, Slate staff writer covering business and tech. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

During his first term, President Trump and Jeff Bezos openly sparred with each other. During this second administration, though, it seems like Bezos is trying to endear himself - and his companies - to the White House. So what changed? Guest: Dana Mattioli, reporter for the Wall Street Journal and the author of The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power. Special thanks to David Maraniss. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: DOGE is taking its chainsaw to the Social Security Administration. Felix Salmon, Emily Peck, and Elizabeth Spiers examine the real reasons behind the Elon Musk led crusade against the SSA. And then, DOGE used extreme tactics against the US Institute of Peace including a physical takeover of the building by force. Meanwhile, the founder of Pirate’s Booty tried a similar tactic to try to gain power over his small Long Island town. The hosts discuss how these stories and recent actions by Trump call into question what authority really means when it comes to our government. And finally, Dan Primak of Axios joins to explain how a private equity firm just made the Boston Celtics the highest valued team (in dollars) in US sports history. In the Slate Plus episode: Why are US winemakers upset about a potential wine tariff?  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

The National Institutes of Health is the primary engine of biomedical research around the world, which makes the Trump administration's dramatic cuts to its grant program both confusing and potentially incredibly harmful. Guest: Katherine J. Wu, staff writer for the Atlantic. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

The economy that Donald Trump inherited from Joe Biden had low unemployment, slowing inflation, and a growing GDP. So what is he trying to achieve by imposing heavy tariffs on our allies and trading partners?  Guest: Stephanie Ruhle, NBC business analyst and the host of The 11th Hour with Stephanie Ruhle. Want more What Next? Join Slate Plus to unlock full, ad-free access to What Next and all your  other favorite Slate podcasts. You can subscribe directly from the What Next show page on Apple Podcasts and Spotify. Or, visit slate.com/whatnextplus to get access wherever you listen. Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: How does America assert its power globally? The short answer is money. For the long answer, Felix Salmon calls in authors Edward Fishman (Chokepoints) and Saleha Mohsin (Paper Soldiers) who both recently published books on the subject. They’ll discuss how the US dollar managed to become the world’s reserve asset, the ways it’s been weaponized in the past, and what that global status means under an “America First” president.  This episode is member-exclusive. Listen to it now by subscribing to Slate Plus. By joining, not only will you unlock weekly bonus episodes of Slate Money—you’ll also access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.  Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

With a Trump-friendly Supreme Court and a contentious relationship with the press, could Donald Trump follow through on his 2016 campaign goal of making it easier to sue media companies for libel—and imperil America’s free press? Guest: David Enrich, business investigations editor at the New York Times and author of “Murder The Truth.” Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices