Current Affairs

Get new episodes early at patreon.com/CurrentAffairs!Kyla Scanlon is a leading online economics commentator and Bloomberg contributor, who regularly publishes TikTok explainers helping people understand the economy. Her new book In This Economy?is meant to help laypeople understand the economic forces around them that are so determinative in the outcomes of our lives.Scanlon is the one who coined the term "vibecession" to describe the disjunction between certain "objective" economic indicators and people's "subjective" feelings about the economy. Some people have theorized that the public is simply being misled by negative media coverage into thinking the economy is worse than it actually is. But as she explains in this conversation, it's not so simple to disentangle the "subjective" from the "objective" in economics, and just because the "vibes" don't match the standard predictions, doesn't mean they're illegitimate or unfounded.The year 2008 was very impactful for everyone. A lot of kids (myself included) s