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Episode · Plain English with Derek Thompson

The New Book That Scares Big Tech

8 Sep 2026 · 59 min

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In the late 19th century, a railroad boom fueled by easy money, speculative investment, and new technology helped kick off one of the worst financial crises in American history. Sound kind of familiar? In today’s episode, Derek talks with author Liaquat Ahamed about his new book, '1873,' and the similarities between the railroad mania of the 19th century and today’s AI boom. They discuss America’s first venture capitalists and the role of the Rothschild family, how manias inevitably create bubbles, and what the Panic of 1873 can teach us about the huge debts now financing artificial…

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Plain English with Derek Thompson

The Ringer · News · English

Longtime Atlantic tech, culture and political writer Derek Thompson cuts through all the noise surrounding the big questions and headlines that matter to you in his new podcast Plain English. Watch Derek and guests engage the news with clear viewpoints and memorable takeaways. New episodes drop

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