This week: We’re celebrating a year full of hot takes! Felix Salmon, Elizabeth Spiers, and Emily Peck, debate and rate the hottest takes they’ve heard this year — like Elon Musk’s claim that there will be no poverty in the future, the idea that Trump’s tariffs didn’t matter – and the collection of fire takes Felix gath

We’ve experienced so much personal, social and economic disruption over the past few years. The pandemic reworked how we view some of the most fundamental and predictable aspects of our lives. How will we emerge from all of the trauma and upheaval? Our guest this week points out that part of our recovery will require u

The New Not Normal Felix Salmon, the OG of sovereign debt journalism joins us for our final episode of the season. We talk to Felix about his forthcoming book, The Phoenix Economy: Work, Life, and Money in the New Not Normal. The past three years of pandemic life have changed things around the world. Felix asks what th

The federal minimum wage has been $7.25 per hour since 2009, which works out to just about $15,000 per year at 40-hour weeks. Congress is now debating an increase to $15 per hour as part of the next round of economic stimulus, but there is plenty of opposition. Dan and Axios chief financial correspondent Felix Salmon d

Wall Street is locked in a battle of will between professional investors who live in Greenwich and amateur investors who congregate on Reddit. So far, the amateurs are winning, judging by increases in their chosen stocks, like GameStop and Bed, Bath & Beyond. Dan digs into what's really happening, the mechanics of stoc

Johnson & Johnson has paused Phase 3 trials for its COVID-19 vaccine candidate, after one patient reported an “unexplained illness.” This comes after AstraZeneca paused its Phase 3 trials due to an adverse event, and Moderna slowed its trial because of enrollment difficulties. Dan discusses these developments and more