Best of The Atlantic
Best of The Atlantic
A Spray of Glowing Filaments
NASA, ESA, M. Stute, M. Karovska, D. de Martin, and M. ZamaniDay 23 of the 2024 Space Telescope Advent Calendar: a spray of glowing filaments. R Aquarii is a symbiotic binary star that lies roughly 700 light-years from Earth, surrounded by a large, dynamic nebula. The primary star is an aging red giant, and its companion is a compact, burned-out star known as a white dwarf. When the white dwarf swings closest to the red giant along its 44-year orbital period, it gravitationally siphons off hydrogen gas. This material accumulates in the accretion disk surrounding the white dwarf, until it undergoes an energetic outburst and jet ejection. This outburst ejects powerful jets, seen as filaments shooting out from the binary system, forming loops and trails as the plasma emerges in streamers.See the full advent calendar here, where a new image will be revealed each day until December 25.
theatlantic.com
Dear Therapist: My Mom Is Guilt-Tripping My Boyfriend
Dear Therapist,This holiday season, I’ve been navigating some major challenges with my older sister and my boyfriend. The difficulty started last winter, when my boyfriend wanted to buy an investment property in the state where I’m from and my sister currently resides. My sister became very upset with me and my boyfriend for investing in a place where she lives. We received angry phone calls and disparaging text messages from her. We were shocked at her response. I have yet to make up with my sister as she never apologized, but I have been cordial with her when around the rest of our family.Recently, my sister told our immediate family that she was pregnant. She had previously had two miscarriages, so we were all quite excited. While my boyfriend and I were visiting home, he asked my parents if my sister had told our extended family about her pregnancy. Unfortunately, he was overheard by one of my aunts. We immediately requested that she keep mum, and my aunt never told anyone. But when my sister shared her news with the wider family, this aunt mentioned that she’d already known because she had heard my boyfriend mentioning it to my mom. This resulted in angry text messages from my sister about me “taking her thunder” for this announcement.I’ve since blocked her on text and social media, but as we head into the holiday season, I’m unsure what to do. My mom is guilting me about my boyfriend not spending the holidays with us, but he doesn’t feel comfortable around my sister.I would love your thoughts on how to deal with this situation without making it worse, while also protecting myself and my partner from unwanted hatred from my sister.Dear Reader,Feeling caught between family loyalty and your relationship with your boyfriend is a challenging position to navigate, especially during the holidays. You’re being pulled between your mother’s desire for family harmony, your sister’s emotional demands, and your boyfriend’s legitimate need for respect. This kind of triangulation is exhausting and can lead to resentment on all sides. The key is to stop trying to be the mediator and focus on transparency with all parties—and then directly communicate what kinds of requests you’re willing (or not) to meet.To help you figure out the limits you’d like to set, you’ll need to consider the family dynamics underlying the recent tension. What stands out in your letter is how quickly a series of relatively minor incidents escalated into a profound family rift. You say that this conflict “started last winter” with the real-estate investment, but such intense reactions rarely emerge out of nowhere. The vehemence of your sister’s response to an investment you and your boyfriend made suggests that she struggles with unspoken feelings, possibly around sibling envy or competition or perceived abandonment as you spend time with your boyfriend. Sometimes it’s safer to get angry indirectly—in other words, to direct your anger at someone adjacent to the person you’re actually angry with. Your sister appears to be channeling her feelings toward you into conflicts with your boyfriend, perhaps because at this point in her life, she sees your happiness while she feels unimportant, invisible, or overshadowed.I see this too in her reaction to the pregnancy announcement: She felt that you were stealing her thunder. Of course, for someone who has experienced the pain of two miscarriages, controlling the narrative around a successful pregnancy might feel like one of the few aspects she owns on an otherwise uncertain journey. Even so, your boyfriend didn’t intend for others to hear his question, and you took immediate steps to contain the information—so the fact that your sister hasn’t realized that her reaction was disproportionate to the harm and has made no attempts to apologize for her outburst indicates that deeper sibling wounds are at play.[Read: Couples therapy, but for siblings]Meanwhile, your mom is playing an unhelpful role by asking you to make things right despite the way you’ve been treated. Sometimes well-meaning parents try to alleviate sibling tension by encouraging one sibling to take what they see as the smoothest path to ending disharmony without holding the other sibling responsible for her part in creating it. The thinking goes: It’s easier to pressure the more reasonable and adaptable party to accommodate the difficult one than to address the underlying problematic behavior. Your mother might believe she’s promoting family harmony, but in reality, she’s enabling your sister’s behavior while unfairly burdening you with the responsibility for maintaining family relationships.Your boyfriend, for his part, is entering this family system as an outsider. But if your relationship with him continues to grow, he will become part of your family—and these early patterns of interaction could set the tone for years to come. Your boyfriend’s desire to avoid the holiday gatherings is understandable, but it’s worth considering the long-term implications of this decision. Complete avoidance, while providing temporary reprieve from conflict, might inadvertently cement a rift with your family and make future reconciliation more difficult.With this context in mind, let’s consider what you might do.First, with regard to your sister, I encourage you to shift your perspective from “protecting myself and my partner from unwanted hatred” to “understanding and potentially healing a wounded relationship.” This doesn’t mean enduring abuse; instead, it’s about getting to the core of what’s causing it with the hopes of eliminating it. Being “cordial when around family” and blocking communications might reduce immediate stress, but something else needs real attention. Neither you nor your sister has created space for the difficult but necessary conversation about what’s really going on here. Your sister hasn’t apologized or explained her intense reactions, and you haven’t had the opportunity to express how her behavior has affected you and your relationship with your boyfriend. This pattern of avoidance—managing surface interactions while letting the underlying tensions simmer—can lead to exactly what you’re seeing: Each new incident becomes charged with the accumulated weight of unresolved feelings. Until both you and your sister are willing to have an honest, potentially uncomfortable conversation about your relationship, these cycles of conflict will likely continue to escalate.[Read: What if you just skipped the holidays?]Consider writing your sister an email that acknowledges her feelings without accepting blame for perceived wrongs. You might say something like “I miss our relationship, and I know that you’ve been feeling hurt. I’m sorry that recent events have created such distance between us. I’m truly thrilled about your pregnancy, and I think these times of transition present an opportunity to bring people closer. I’m hoping we can find a way forward by having a conversation that feels safe and respectful for both of us, with the goal of understanding what’s bothering each of us.”If she’s willing to do this, you can start the conversation by expressing your genuine interest in repairing the relationship: “I’ve been surprised by what’s been happening between us. I want to understand more about what’s upsetting you in our relationship, and I hope you’ll try to understand how I’ve been feeling too, so we can clear the air and communicate more calmly and openly in the future.”To your mother, you might say: “Mom, I understand you want everyone together for the holidays, but right now that would create more tension than joy. I know you’d like me to fix this, but this is about something going on between me and my sister—not my boyfriend, not you—so the most helpful thing you can do is to let both of your daughters try to work this out as the adults that we are, no matter what choice gets made this holiday season and no matter what our relationship looks like going forward.”You can then talk to your boyfriend about how he envisions his relationship with your family, and what steps he feels comfortable taking now to work toward that vision. Perhaps he would feel comfortable attending part of the holiday gathering for a limited time, or participating in some family events but not others. Often, small, manageable steps toward engagement are more sustainable than either total avoidance or forced togetherness, and taking these steps would demonstrate a willingness to engage with the family while still maintaining healthy boundaries that work for him. Remind him that your goal is to support his decisions about maintaining his own limits while ensuring that your relationship with him doesn’t become collateral damage in this family conflict.Remember that you can’t control anyone’s behavior, but you can control your response to it. If your sister isn’t willing to engage respectfully, you can leave the door open: “I care about you, but I won’t accept hostile messages about me or my boyfriend. I’m happy to have a calm conversation about our relationship when you’re ready.” If your mom continues to guilt-trip you about your boyfriend, you can say, “I know it’s hard to see your daughters not getting along, but I’m done discussing this. Please don’t bring this up again.”By having these conversations directly with each party, you release yourself of the burden of being assigned to single-handedly fix a complicated family dynamic and allow yourself to focus on a more reachable and healthy goal: making clear, thoughtful decisions that are in the best interest of your relationship with both your family and your boyfriend, even if they disappoint some people in the short term.Dear Therapist is for informational purposes only, does not constitute medical advice, and is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician, mental-health professional, or other qualified health provider with any questions you may have regarding a medical condition.
theatlantic.com
Best of How To: Identify What You Enjoy
Listen and subscribe here: Apple Podcasts | Spotify | YouTube | Pocket CastsThis episode, from our first season, called How to Build a Happy Life, features host Arthur Brooks in conversation with the psychotherapist and Atlantic contributing writer Lori Gottlieb about how the first step in making room for more joy in your life is learning how to identify it.The following is a transcript of the episode:[Music]Megan Garber: Hey, it’s Megan Garber, one of the co-hosts of How to Know What’s Real. We’re excited to share with you a special series drawn from past seasons of the How To series. Over the past few weeks, we’ve been revisiting episodes around the theme of winding down. This episode is from our very first season, How to Build a Happy Life, and is called “How to Identify What You Enjoy.” It first published in 2021 during the pandemic, even though that was a really challenging time. This is still one of my favorite episodes to this day. Host Arthur Brooks explores how the first step in making room for more joy in your life is learning how to identify it.[Music]Brooks: This is How to Build a Happy Life, The Atlantic’s podcast on all things happiness. I’m Arthur Brooks, Harvard professor and happiness correspondent at The Atlantic. In this special bonus episode of the How to Build a Happy Life series, I sat down with The Atlantic’sown Lori Gottlieb. We reviewed a lot of what we’ve covered in this series, from enjoyment and emotional management to the practical ways to apply the science of happiness to our daily lives. Enjoy!Hi, everybody, and welcome to The Atlantic Festival. I’m really delighted because this episode of the podcast, it features one of the top psychotherapists in America today, The Atlantic’s Lori Gottlieb. We’re going to talk through some of the how-tos of navigating the natural ups and downs in life. And later in the episode, we’re going to feature some of my very favorite guest stars, which is you, our listeners.So let’s start by saying hi to Lori. Welcome to How to Build a Happy Life, Lori.Lori Gottlieb: Well, thank you so much. It’s great to be here.Brooks: Yeah, it’s wonderful to have you here.I’ve been looking forward to working with you in some way for the longest time. I teach a class at Harvard Business School called Leadership and Happiness, and on the first day of class, I define happiness. Now, most of my students think happiness is a feeling. That’s wrong. I mean, happiness has a lot of feelings attached to it, and feelings are really important. But it’s not a feeling per se. I describe happiness as more of the way that you would take apart a meal.Happiness is like a banquet. And you can define it in a lot of different ways, in terms of the ingredients; you can define it in terms of the dishes. But I like to start with the macronutrients of any meal. Now, if you’re eating a, literally, a meal, the three macronutrients are protein, carbohydrates, and fat. And I say that, similarly, there are three macronutrients to happiness. They are enjoyment, satisfaction, and purpose. People who are truly happy about their lives, they have all three. And they have them in abundance, and they have them in balance. And people who are out of balance [with] enjoyment, satisfaction, and purpose tend to define themselves as unhappy. They know that something is wrong with their happiness.And so when I’m talking to somebody who says “I’m really unhappy,” I start digging in on one of those dimensions. So that’s where I want to start. And I want to start with the first of those, which is enjoyment. I define enjoyment as pleasure plus elevation. When you learn something about the sources of your pleasures, it turns into authentic enjoyment, which is a part of a happy life. Do you agree with that?Gottlieb: I do. I would say that enjoyment plus connection. I really feel like connection—Brooks: Connection with people?Gottlieb: Right, right. Well, there are certain solitary enjoyments. You know, let’s say that you’re an artist or let’s say that you’re a musician or let’s say you’re reading a book. You know that’s enjoyable to you, depending on who you are. But I think that when you talk about the ingredients, I think connection really has to be in there. And what I see in the therapy room is that when you look at those ingredients of happiness, if you don’t have connection added to those ingredients, it’s going to be hard. And I love the way that you are talking about happiness—not as a feeling, because I think that happiness as a byproduct of living our lives in a meaningful way is what we all aspire to. But happiness as a goal in and of itself often is a recipe for disaster, because they’re not looking at the ingredients that you’re talking about.Brooks: Mm. Yeah, for sure. And this is completely consistent with the findings of, you know, Bob Waldinger and George Vaillant and all those guys who have done all that longitudinal work that shows that the happiest people in their 70s and 80s are people who established the most human connections in their 20s and 30s. They got really, really good at love. They’ve got good love chops, is the bottom line. And so this is the No. 1 ingredient probably, in enjoyment, satisfaction, and purpose, is human connection.Gottlieb: Well, right, and I think that the question that people ask themselves, I think that we all ask ourselves, when it comes to happiness is: How can I love and be loved? I think that is the essential question. And that’s where the enjoyment, I think, comes from too: What does it mean to not only love someone and be loved, but how do you love yourself too? And so often we don’t know how to do that. We can make ourselves incredibly unhappy by being unloving to ourselves.Brooks: I want to talk about the specific macronutrient of enjoyment here for a second. One of the characteristics of people who present with clinical depression is a syndrome called anhedonia, which is the inability to experience pleasure and enjoyment. Even if you’re not clinically depressed, clearly if you’re having a hard time enjoying things, you’re going to be unhappy. As we just talked about a minute ago, and even better, if you’re enjoying things in connection, in communion with other people, because that actually creates the most fulfillment.Do you see patients who because of whatever is going on in their lives—because of an over-sense of discipline or because they’re excessively stoic or for whatever reason—that they have insufficient enjoyment of their lives? And if so, what do you tell them? How can I enjoy my life more?Gottlieb: Well, this is kind of like a chicken-or-the-egg thing. So anhedonia is when people are depressed; they literally cannot experience joy in the things that would normally bring them joy if they were not depressed. So it’s not that they don’t know how to enjoy things. It’s that because of depression, they aren’t enjoying activities that would normally be pleasurable to them.But yes, I think that there are people who don’t know how to separate from that. There are people who don’t know how to have fun. I think that we think somehow in our culture today of ambition and moving forward—you know, all sorts of pressures—that people think that fun is frivolous. They don’t realize that it’s actually essential. So when you talk about enjoyment, people think, Well, that’s optional. You know, like if I have time. And then, of course, they don’t make the time because they think that it’s something that’s not necessary, and it absolutely is.Brooks: So what’s an example of somebody who would come to you and they’re not enjoying their lives. They’re not taking time to have fun. What’s the assignment that you give them? Because, you know, in your show, you give somebody an assignment and then you see how it’s going. So if I came to you and I said, “I just don’t know how to have fun. I work and I work and I work all the time, and I’m not very happy.” And you say, “Arthur, do these three things.” You know: What’s the kind of thing that you would tell me? What’s the assignment?Gottlieb: Well, actually, on the Dear Therapist podcast, we do a therapy session with people. And then, as you said, we give them a homework assignment that they have a week to do, and they report back to us. We had this 16-year-old who presented this exact issue. She said, “I am just trying to get into college, I’m doing all of these things. I never have any fun.” And so we gave her an assignment where we wanted her to have more balance in her life, and we gave her a specific assignment. This is the Libby episode in season one.And she was somebody who was very reluctant to do this, because she thought that it would somehow hold her back, that it would somehow make her less competitive for college, that it would affect her in a way. Because nobody around her was having fun, by the way. Everybody was pretending to have fun.You know, on social media it looks like everybody’s having just a great time. But in reality, everybody was really stressed out, and nobody was making time for fun. And so she did that. And she found that when she made time for fun she not only enjoyed her life more, but she found that actually it made her more productive. It actually helped her to get ahead. And so it was interesting, because I think that we have this idea that, you know, having fun is going to hold us back somehow. And in theory, we want to have fun, but we don’t actually say, “I’m going to put that on my calendar. I’m going to make that a priority.” And I think we really need to.Brooks: That’s pretty interesting in our hyper-scheduled and and highly schematicized life that certain people have to actually put it in their Outlook: for 45 minutes, have fun. It seems like fun would be the most natural and spontaneous thing that people could have or do. And yet for people who are so scheduled all the way up into the tree, they actually need to treat it like anything else and take time for it, right? Is that what you’re saying?Gottlieb: I think it needs to be specific too, not just “have fun.” It’s getting in touch with how you have fun. A lot of people don’t even know how they have fun anymore. As adults, they grow up. They forget what fun looks like, because they’re so busy with all of their responsibilities and then all of the things they think they need to be doing. And they don’t realize, first of all, how they’re spending their time.So many people say, “I don’t have time for this kind of thing.” And yet if they actually do a 24-hour diary—which is what I will prescribe in therapy a lot—where they have to write down everything that they’re doing for 24 hours and sometimes 48 hours. And when they realize that, they’re like, “Oh my gosh, I spent like an hour and a half mindlessly scrolling through the internet.” And that actually dampened their mood. It wasn’t a pleasurable activity for them. It was like, “Oh, I’m so behind; look at what everybody else is doing.” Or “Look at that person. They went to Hawaii, and I don’t get to go to Hawaii.” Or whatever it is.So it wasn’t even a pleasurable activity. That hour and a half could have been spent doing something that would have actually brought them joy. And I want to use the word joy here when we talk about happiness. You’re right—happiness is not an emotion. Joy is an emotion, right? And so what brings you joy? And so specifically, people don’t know. They’re like, If I had the time, what would fun even look like? I don’t even know what that looks like. And so really, being able to identify, how do you have fun? What does fun look like for you? So that when you schedule time to have fun or make time so that it becomes not a thing that you schedule after a while, but just something that’s a natural part of your existence. What does that look like? People don’t even know sometimes. If you said to them, “How do you have fun?,” they look at me like, Fun? What’s that?Brooks: It’s interesting that people don’t know how to have fun. And maybe they used to, and maybe they’ve forgotten. So if they present to Lori Gottlieb and say, “I’m not having any fun” or “I don’t have enough enjoyment in life,” the first assignment is not to have fun. The first assignment you’re going to give them is Think about the last time that you had fun—what were you doing—so that you can remember how to have fun in the first place. Is that right?Gottlieb: Yeah, and a good way to figure out what is fun for you is to look at your envy. People don’t like to feel envy. They feel like it’s kind of like a taboo. They don’t want to feel that. They think that they’re a bad person for feeling that. But actually, envy is very instructive, and envy tells us something about desire. And so I always say to people: Follow your envy. It tells you what you want. And so when you are envious of someone or something or some experience, that’s a clue to what might be enjoyable for you. We are so hesitant to look at our desire. We don’t want to give space for desire. We’re so much about the shoulds, as opposed to the “What do I want? What does desire look like for me?” We feel like it’s almost a selfish act.Brooks: That’s really interesting, because one of the things that I talk about an awful lot in the study of discernment—which is a part of every philosophical and major religious tradition, from Buddhism to Judaism to Christianity and even stoicism—is that discernment is actually not about “What should I do?” Discernment is about “What do I want?” It’s finding the nature of your own desire. And so that is as old as the hills. And yet it somehow escapes us again and again and again. And when I talk to young people, a lot of my students, they think they’re trying to figure out what they want to do. And actually, they should be thinking about trying to figure out what they want. That’s what they really don’t know: what they want. And that’s what you’re trying to get at, right, Lori?Gottlieb: Yeah, absolutely. And I think that there’s so much noise out there where sometimes people can’t hear themselves. So they conflate what society wants them to want, what their parents want them to want, what the culture tells them they should want versus what they inherently want. And if it goes against some of those things—like some of those culturally accepted things of what we should want—it’s very hard for them to even acknowledge that that’s something that they want.Brooks: Let’s move on to the second pillar, the second macronutrient of a happy life, which is satisfaction. Now this is a killer. Satisfaction is really tough. I mean, Mick Jagger saying “I can’t get no satisfaction.” The truth is you can get satisfaction. The problem is you can’t keep satisfaction. Satisfaction is the reward when you meet a goal. It’s the reward for a job well done. It’s a promotion. It’s the race that you get. It’s the little burst of joy that you get from meeting one of your own personal goals. And the big problem that people have is that they get a little burst of this joy, perhaps—but then it goes away, and then they’re running, running, running, running again.And there’s a whole lot of neurobiology about homeostasis that helps us understand this, and there’s the metaphor of the hedonic treadmill that shows us why we keep running and running and running, which is really good because it shows that after a little while, you’re mostly running out of fear because if you stop on a treadmill, you know, it’s going to happen.But the real question then becomes, How do we deal with that? You do need satisfaction to be a happy person, but you can’t keep it. So what do you tell people who are workaholics and are addicted to success—and they’re just trying and trying and trying, as Mick Jagger sang, to get satisfaction, and they’re not getting it? The result is that they’re missing something from their lives. When somebody presents with the dissatisfaction dilemma, what do you tell them?Gottlieb: Well, as you were talking, I was thinking about the people who present almost like a colander instead of a bowl. So it’s kind of like, you know, something goes in and it doesn’t stay there. The satisfaction gets there, and then, like, it just goes through the holes. It doesn’t stay, like in a bowl, right? And I think that the people who are happiest when we talk about people—and I would maybe use the word contentment—the people who are most content, who feel most full and fulfilled in their lives, are people who are what are called satisficers. And this is Barry Schwartz from The Paradox of Choice. And he talks about the difference between satisficers and maximizers. Satisficers are those people who, let’s say: You’re trying to buy a sweater, and you go into a store and you find a sweater that fits you. It looks good. It’s the right price. You buy it, you’re happy, you’re done. Right? It meets all of your criteria.The maximizer will see that sweater and kind of put it under another sweater, so nobody will buy it. And just in case, go to the next store. And keep looking, because maybe they’ll find something a little bit cheaper or a little bit more attractive or, you know, whatever it is, right? Just something that’s a little bit better in some dimension. And they keep looking, and then maybe they find it. Maybe they don’t. But if they do find it, they tend not to be as happy with that purchase as if they had just bought the original sweater. And if they don’t find it, then they regret that they didn’t get the original one. And the problem is, even if they buy that first one that met all their criteria, the maximizer might be happy for about a week—and then the next week, they’re walking by a store and they see something else in the window and they think, Oh, that one would have been better. And so they’re just never satisfied.And you see this in relationships. People do this in relationships all the time, too. It’s not just with things like sweaters. It’s with people, it’s with jobs, it’s with everything. So it’s kind of almost like a personality type, like: Are you a satisficer, or are you a maximizer? Even when you’re shopping on Amazon and you’re trying to decide Which set of cookware should I buy?, you know? And it’s like, the people who will spend like an hour going through all the different options instead of 10 minutes going, Oh, this is good. Let me just get this. And it really takes up your emotional energy in a big way, because it’s almost like it’s a perfectionism type of thing. And it really gets in the way, because it takes up all of your time. And then you’re never satisfied with what you have anyway.Brooks: That’s really interesting. And you know, what you’re saying sounds kind of like a Western version of what His Holiness the Dalai Lama always says—which is the secret to enduring satisfaction is not to have what you want, but to want what you have. The satisficer is one who wants what she has, and the maximizer is the one who is always chasing, trying to have what he wants.And another way of thinking about this, that actually works in the literature on the science of satisfaction, is that you shouldn’t think of your satisfaction as a function of what you have, but rather what you have, divided by what you want. And if you can actually devise a “wants management strategy,” the denominator of that fraction is going to decrease and your satisfaction is actually going to rise.So when a patient presents with a satisfaction deficit, what assignment do you give them on your show? This is somebody who’s unsatisfied. Or if you have a patient who says, “It’s just, nothing’s good, Lori. Nothing’s good.” What do you tell them to do specifically, starting today?Gottlieb: I think this is the difference between what a friend would say to this person and what a therapist would say to this person. Because what the friend tends to do is to say, “Look at all the wonderful things you have in your life,” which is not helpful at all because they can’t see it anyway. You know it’s very funny when you look at the difference between how we talk to our friends and how a therapist might approach this. Because I think that people would expect the therapist to say, “Well, look at all these things that you’re not seeing.” But no. In fact, what I would probably do is I would agree with them and say, “Yeah, you know, I can see that you’re really not satisfied.”And then what happens for them is the more that you kind of go into their mindset that they start to see something new, that they start to say, “Well, actually, I have this really great partner, and I have this really great job.” But then there are a lot of buts with that. And then they start to sort of change their mindset when you’re not arguing with them about whether they should be satisfied or not. You can’t convince someone to be satisfied with what they have. They have to come to it on their own. And I think that a lot of people have very low tolerance for people like this, because they feel like, Well, you have so much, how can you complain? But I think it speaks to something in our culture—which is that we don’t really value what’s important. We don’t really value what’s going to bring us happiness. And so people tend to take for granted all of the things that they do have that would normally bring a person happiness.Brooks: Hmm, that’s really interesting. And it actually leads—which we’ll touch on briefly before we go to our, before we go to our listeners—about the last macronutrient of happiness, which is maybe the hardest of all, which is purpose or meaning. And the reason that this is really hard is because it’s the most counterintuitive when it comes to the science of happiness. You know, when I ask in surveys—you know, large-scale surveys or experiments using human subjects—“What brings happiness and purpose to life?,” people always talk about the most painful parts of their lives. They never talk about, you know, “that week in Ibiza with my friends”; they never say “That’s when I actually found out my life’s meaning.” You know, they always talk about that divorce, that ugly breakup, when they got fired, that bankruptcy, when their kid had to go to rehab. That’s when they talk about, you know, the stuff that they were made of, and when they really understood the nature of their own souls.And yet back when you and I were little kids and the hippies were running around in the ’60s and ’70s and the Woodstock generation said, If it feels good, do it, right? But now young people on either side of us—bookended by people like you and me—their mantra seems to be, If it feels bad, make it stop. Paradoxically, if we don’t suffer—if we don’t have pain, if we don’t come to terms with having a life that’s fully alive with the good and the bad—we can’t actually get enough meaning and purpose in our life, right?Gottlieb: Well, that’s right. And I think that’s why we assign negative and positive connotations to feelings. Even though feelings are neutral, they don’t have a positive or negative connotation. So people say, “Joy is a positive feeling, and anger or anxiety or sadness are negative feelings,” and that’s just not true. All of our feelings are positive in the sense that they tell us what we want. Our feelings are like a compass. They tell us what direction to go in.And if you don’t access your feelings, you’re kind of walking around with a faulty GPS. You don’t know what direction to go in. And people think that if they kind of numb their feelings —like, Oh, it’s not a big deal because I have a roof over my head and food on the table—that the sadness, the anxiety, this insomnia, whatever it is, is okay. Because, you know, it seems very trivial to them. But it’s not. It’s actually a message. It’s telling you something about your life. It’s telling you about something that needs to change.And so people feel like numbness is nothingness. It’s not the absence of feelings. Numbness is actually a sense of being overwhelmed by too many feelings. And then they come out in other ways, like too much food, too much wine, an inability to sleep, a short-temperedness, a lack of focus. You see how the feelings are there. They’re just presenting differently.And so I think it’s really important for people to notice their feelings and to really welcome their feelings and embrace their feelings, because the feelings give them information about if they’re sad, what is not working. If you’re anxious, what is causing the anxiety? If you’re angry, are there some boundaries that maybe you need to set? Right? Is there something you need to change in your life? What is going on? So I think that that’s really important. And when we talk about meaning and purpose, if you don’t listen to your feelings, they’re going to direct you in the direction of meaning and purpose, they’re going to tell you what is important.Brooks: It’s interesting, you know. Most of the great sages and saints throughout history have talked about the sacredness of suffering, and some pretty wise and interesting people today do too. I mean, there was a famous interview of Stephen Colbert by Anderson Cooper, where Stephen Colbert talks about the most painful time in his life, when his father and one of his siblings were killed in a plane crash. And he talks about how grateful he is even for that experience, because of the sacredness of every moment of his life, including the pain. He says, “Look, if you’re going to be fully alive, if you’re going to have a life, if you’re going to enjoy life per se, you’ve got to take it all.” If you’re thankful for life, you’ve got to be thankful for all of life, because that’s the fabric of your set of experiences. And it seems to me that that is the essence of how you find your meaning and the essence of how you understand who you are as a person according to what you just told me, right?Gottlieb: I don’t think that you need to suffer tragedy to feel gratitude. I think that sometimes it awakens us to feeling gratitude when you have some kind of tragedy in your life. But I don’t think that you need to have some kind of tragedy. But I do think that you don’t get through life without suffering in some way, so it doesn’t need to be that a relative dies in a plane crash. I think that just being human inherently means that there are going to be times that you struggle.And I think if you look at the world today, if you look at—you know, there’s so much suffering that we hear about every day in the world, but then what are we told? If you look at social media, for example, or you’re at a dinner party, you know, you don’t—nobody talks about that. Nobody wants to talk about that. It’s all like, Let’s pretend everything’s great. And I think it’s both. And if we don’t make room for the both, then you’re right that we don’t see the beauty.We don’t appreciate the beauty in life. It’s almost like you can’t—you know, people always say, like, “I want to mute the the sadness” or “I want to mute the pain,” and it’s like: You can’t mute the pain and then also feel joy. If you mute one aspect of your emotional experience, you’re going to mute all of that. There’s like one mute button. So, if you mute the pain, you mute the joy. And so I think that that speaks to what you’re saying.Brooks: And there’s one clarification you made that’s incredibly important that I want to underline for everybody listening. Remember: Lori Gottlieb just said that you don’t have to go out looking for suffering. Don’t worry. Suffering will find you, and that’s adequate, too, for us to find purpose in our lives.Gottlieb: There’s a difference between pain and suffering, too. We all experience pain. You know: You go through a breakup, you go through a divorce, somebody gets ill, something happens with your job. Whatever it is, right? We all experience pain of some sort, but suffering is something that sometimes we do to ourselves.So you go through a divorce, and then you’re like, looking on social media at your ex and you see them with their new partner, right? You don’t need to do that. That’s suffering. You’re creating your own suffering. So people do that all the time. And so we’re all going to experience pain in some way or another. But sometimes we are creating our own suffering. And in therapy, that’s a big topic of conversation. How are we creating our own suffering? Even though, of course, pain is inevitable.Brooks: I want to go now to some of our listeners. I put out a call at the end of my column asking people to tell me the last time they were happy, and what we got back was just pure gold. They were so interesting and so moving. And I wanted to play just three clips of people telling me about the last time that they were happy and get your reaction to what they’re saying and, you know, what it says to you. I could analyze this from [my perspective as] the social-science guy, but I’m a lot more interested in what you’d tell these people if they were coming to see you for help.Let’s bring up audio clip No. 1, who is one of our listeners: Karl from North Carolina. Listener Submission 1: The last time I felt truly happy was yesterday. I am a high-school English teacher, and we’re now back in person. We’re lucky enough to be in a school where we wear masks. I was able to actually see their—if not their faces—their eyes light up when they figured out something or they got the point of my lesson. And just seeing their eyes light up and getting to exercise that teaching muscle that I haven’t really got to exercise in over a year and a half. Getting to be in front of the students again makes me feel truly like myself again, something that I really haven’t felt in a long time. So, yeah, teaching makes me happy. Brooks: Isn’t that beautiful, Lori? And it seems to me that he made your point. It’s connection—that’s the secret! Happiness is love, right?Gottlieb: Right. Well, it’s meaning and purpose and connection all rolled into one—that was so beautiful. We had someone on our Dear Therapist podcast during the pandemic, a teacher also, and she was talking about this, you know, like, wanting to reach her students and how she was. They said to her, like, “The best part of my day is when I get to connect with you.” Right? And so I think that we learned a lot during COVID about meaning and purpose and connection. Many people think it has to be this big epic thing. It can be, you know, I had this moment with my child and we had this great five minutes together. Or just like with Karl, you know, I had this experience with my students and I saw their eyes light up when they got the lesson. That right there is meaning and purpose, and it doesn’t need to be this grand thing. It’s like it’s the dailiness of it. It’s having lots of bursts of meaning and purpose throughout your day.Brooks: And that actually speaks to what you talked about with satisfaction. Because satisfaction—if you’re looking for it in one big thing—it’s probably going to disappoint you. But if you’re looking at the little things that happen over the course of a day and over the course of life regularly, you’ve got a shot. That’s important, too.Gottlieb: Often I will give people this assignment in therapy and even on the podcast, which is: I want you to write down the different moments of the day when you feel something positive. And often there are these moments of meaning, these moments of connection. And there are so many during the day that they didn’t even realize, even if it’s like: “I went to Starbucks, and I saw this barista who’s been there for five years and we used to talk every day, and I missed that during COVID. And it was so great to see each other again. And I realized this is meaningful to me.” You know, it’s like those little moments throughout the day that you don’t even pay attention to. And all of a sudden you say, Wait, those are really important to me.Brooks: Let’s go to clip No. 2: Kristen in New York. Listener Submission 2: The last time I remember being truly happy was in the summer of 2019. I had just ended my first year of grad school. I was living in Japan and Tokyo. I’d already been there for five years, so I became quite accustomed to living there and found myself in a great group of friends … And looking back from there, it kind of feels like everything has just been this slow and then sudden descent. Because I got back to Japan, and my friends began to graduate and move away. And then the pandemic came. And like many people, I spent months alone in my apartment, so it was just really lonely. And then my visa was expiring, so I had to leave my community that I had spent six years building into this period of great uncertainty. And then my mother died, suddenly and unexpectedly. And since then, I’ve been living in the after. And I feel like I will never experience that kind of happiness again—like I did that summer. Being so devastated by grief and loss, it just feels like whatever way joy manages to find its way back into my life will always be different. Brooks: What do you say, Lori?Gottlieb: Wow. Just so much loss and grief, and what she’s experiencing is so common. Because we think that when we’re in the throes of that, we feel like we will never experience joy again. We will never experience happiness again in the same way. And actually, in my book, in Maybe You Should Talk to Someone, there’s one client that I write about. He was talking about how his son was killed in a car accident. And within a week of that, where he was devastated and he thought My life is over, I will never be the same again, he was with his daughter. And they were playing a game, and he laughed. And he said,“I couldn’t believe that. I laughed. I couldn’t believe that I actually could laugh. Like, what was that part of me that could do that, even though the rest of me felt dead and like I would never come alive again?” And so I think what she’s feeling is extremely common, and that’s what grief looks like. And, you know, she’s going to have a lot of grieving to do. And it’s unfortunate that her mother died in the middle of COVID when she was so isolated and she had lost her community, and all of these other things had happened. So she’s experiencing multiple layers of loss. And I hope that she allows herself the space to really grieve all that she has lost, so that she can then start to emerge again.Brooks: And I think a really important part of your message, Lori—and what you just said and I think that I want people to remember from this and what [I want] Kristen to remember—is that happiness is going to come again. That this isn’t the end. It feels like the end, because that’s how it always feels when you’re in a period of grief. And there’s all kinds of reasons for that. But happiness is going to come again. It just is, right?Gottlieb: Well, it reminds me of when people are depressed, they feel like they will never be happy. And so I always say to people who are in the middle of a clinical depression You are not the best person to talk to you about you right now. Because their thinking is so distorted in that moment because they can’t see it. They can’t imagine a time when they would experience joy again. And the same thing, I think, when people have experienced a devastating loss, they cannot imagine experiencing joy.And yet what happens later, just like the man in the book—people go to weddings and they go grocery shopping and they go on Twitter, and their lives move on. There’s this expression like people say, “Well, why haven’t you moved on?” Moved on is not quite right. It’s, you move forward. The loss stays with you, but you move forward and you’re still grieving. You will always grieve that loss. And I think that the grief is a sign of how much love there was with the person who is no longer there, right?And then loss of the community. She loved those people. So that’s going to be there, but it feels different. It has a different flavor over time. It has a different resonance. And there will be times when you’re standing in an elevator and some song comes on and it’s the song that meant something with that person and you just start bawling in the elevator or whatever it is. You know, that’s what grief looks like, even decades later. So I think that’s part of the human experience and what you were talking about earlier, Arthur—about this idea of meaning and struggle and how they’re somehow intertwined in some way.Brooks: One of the things that’s so interesting when you talk to older people who are happy and well—when you talk to those people, what you find is that they suffered a lot. It’s weird, you know, for young people, people in their 20s, who want to find out how to have a happy life and want to avoid as much suffering as possible. So in their 80s, they’ll be really happy. That’s actually wrong. In the same way, something that’s a really delicious dessert actually has salt in it.And the afternoon of your life requires that the morning have had a certain number of challenges. And so you find that the happiest people have been fully alive all throughout their lives, and they’ve grieved, and they’ve recovered. And when bad things are happening, they never thought they’d feel better. And guess what—they did. They did! And they allowed themselves to be sad. And that’s one of the secrets, right?Gottlieb: Right. And I think that the reason that they’ve been through so much is because they engaged in life. So the people who want to protect themselves from pain or discomfort are the people who never really engage in life because they’re so busy protecting themselves to make sure that they’re not going to experience anything that feels bad, right? And so then they never put themselves out there. They never take any risks.And when you take risks, sometimes, you know, there’s going to be pain involved. And sometimes there’s going to be great joy involved. But if you are protecting yourself the whole time you didn’t really live; you’re not fully alive. And so maybe you think you protected yourself, but you end up feeling very unsatisfied, very kind of empty and lonely.Brooks: If you’re going to live your life like an adventure, you’re going to have to take some chances. Let’s go to the last audio clip to finish this out, Lori. Listener Submission 3: Hi. My name is Joel Marsh, and I own Marsh Painting Inc. in Park City, Utah. [I’ve] been painting homes in Park City for over 20 years. And I’m a fourth-generation painter. What I’ve learned is that Arthur Brooks is correct in this column when he states that what matters is not so much the weight of a job—more the “who” and the “why.” One day, as we were staining a home, we took a 10-minute break and hit golf balls onto the adjoining driving range. With the homeowner’s permission, of course. Our work painting houses is hard and boring much of the time. I tell new recruits that more often than not, when you have good music going, some good Mexican food for lunch, and you get into a rhythm with the rest of the guys, our job can feel a little Zen-like. Brooks: We’re pretty much near the end of the time, so let’s have this be kind of the last word. What’s your big takeaway? And what’s the big lesson that people should get from this incredibly encouraging message from Joel in Park City?Gottlieb: Yeah, that was really beautiful. I was thinking about how, before COVID, people used to say co-workers are overrated. You know, people are like, “I really want to work from home,” or whatever it is. Co-workers are not overrated. I think that if we’ve learned anything, it’s those small moments like he was talking about—those spontaneous moments of like, Hey, let’s hit the golf balls, right?The things that you don’t expect, those moments of connection that happen when you’re in the same space with other people and you have a shared experience. And I think that that’s what we need to look for in general these days. No matter whether it’s at work or in our families or in our social circles or whatever it is. How can we show up? When you show up, those moments of connection happen.Brooks: Well, the practice of enjoyment and satisfaction and purpose through pain and through love and all the experience—that is the beautiful thing that we call life, courtesy of Lori Gottlieb.Lori Gottlieb is the author of the best-selling book Maybe You Should Talk to Someone,; of the wonderful, wonderful column, Dear Therapist; my colleague at The Atlantic. What a privilege, what a joy it’s been to be with you during this time. Thank you for joining all of us on How to Build a Happy Life.Gottlieb: Oh, my pleasure.Thanks so much for the conversation.[Music]Garber: If you enjoyed this episode, take a listen to our first season, How to Build a Happy Life. You can find all seven episodes wherever you get your podcasts.Our next episode will be the last installment in our Best of How To series. We’ll look at the art of small talk and what tools are available to help reduce social anxiety. Julie Beck: So do you think that you’ve gotten more comfortable with socializing over time, or do you just feel like you’ve learned strategies? Ty Tashiro: I think it’s that I’ve learned strategies first, and then the social comfort came after that.
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Optimism Survives Even in Venezuela
Maduro is still in place, but a pro-democracy movement is transforming the beleaguered country.
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The Custodian
Illustrations by Miki LoweEdward Hirsch didn’t always write poetry for a living. He’s been a busboy, a railroad brakeman, a garbage man; he’s worked in a chemical plant and in a box factory. “You never forget,” he once told an interviewer, “what it means to punch a clock.” Perhaps for that reason, he’s written frequently about labor: the quiet dignity of getting something done, the sense of purpose that pulls many of us out of bed each morning, the way that even straightforward little tasks can structure one’s days—one’s life. Work is strangely absent from much of contemporary poetry, he said in 2018, despite the fact that “most people’s lives are consumed by their jobs.” His corpus is something of a corrective.In “The Custodian,” a synagogue’s janitor performs his humble duties: dusting off scrolls, folding tallises, turning out the lights. The chores are mundane, but he does them respectfully and thoroughly—and in that sense he contributes to the congregants’ sacred experience. A shomer—a keeper or guard—is an important role in Judaism, one that might involve staying with a body until its burial, or ensuring that the ingredients used in a kitchen are kosher. It’s not so different from the more general meaning of custodian: a person who looks after something. What’s really holy, Hirsch seems to imply, is not just a synagogue’s glittering stained glass or the imposing notes of the organ, or even the words of the prayers. It’s all the small acts of care that people carry out every day—simply because, as Hirsch once wrote in another poem, “that’s the job.”By the time he wrote this poem, Hirsch had long ago quit his manual-labor gigs. He was versed in Jewish custom. So if we’re to read it autobiographically, why does he say he’s lived his “whole life” like the janitor? I wonder if it has something to do with Hirsch’s vocation. As a writer, he is fundamentally an observer, attempting to record or interpret experiences from a remove. A custodian, too, operates at a distance; to keep watch over something, you have to stand apart from it. But both of these laborers brush up against something transcendent, even if only briefly. For the janitor, it’s the temple’s song and ritual and faith; for Hirsch, perhaps, they’re the flashes of beauty or fragments of truth that he may not be able to fully capture or even fully understand—but can try to document, and thus protect. Neither undertaking involves much glory; each is just an honest effort made anew each day. That’s why both are profound.— Faith HillYou can zoom in on the page here.
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The Edge of a Spiral
ESA / Hubble & NASA, R. Windhorst, W. KeelDay 22 of the 2024 Space Telescope Advent Calendar: the edge of a spiral. Located roughly 150 million light-years from Earth in the constellation Serpens, UGC 10043 is one of the somewhat rare spiral galaxies that are seen edge-on. From this point of view, we see the galaxy’s disk as a sharp line through space, overlaid with a prominent dust lane. One can see the lights of some active star-forming regions in the arms, shining out from behind the dust. Strikingly, we can also see that the center of the galaxy sports a glowing, almost egg-shaped “bulge,” rising far above and below the disk. The unusually large size of this bulge compared with the galaxy’s disk is possibly thanks to UGC 10043 siphoning material from a nearby dwarf galaxy.See the full advent calendar here, where a new image will be revealed each day until December 25.
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The California Job-Killer That Wasn’t
California’s new minimum-wage law hadn’t even gone into effect before it was declared a disaster. Business groups and Republican politicians have argued for decades that minimum-wage increases harm the very workers they are supposed to help, and this one—passed in September 2023 and setting a salary floor of $20 an hour for fast-food workers—appeared to be no different. Headlines such as “California Restaurants Cut Jobs as Fast-Food Wages Set to Rise” and “California’s Minimum Wage Woes Are a Cautionary Tale for the Nation” proliferated.The story seemed to fit into a familiar theme: naive California progressives overreaching and generating a predictable fiasco. “Let me give you the downside,” Donald Trump responded when recently asked whether he would agree to raise the federal minimum wage during his second term. “In California, they raised it up to a very high number, and your restaurants are going out of business all over the place. The population is shrinking. It’s had a very negative impact.”Except it hasn’t. Since California’s new minimum wage came into effect in April, the state’s fast-food sector has actually gained jobs and done so at a faster pace than much of the rest of the country. If anything, it proves that the minimum wage can be raised even higher than experts previously believed without hurting employment. That should be good news. Instead, the policy has been portrayed as a catastrophic failure. That is a testament to how quickly economic misinformation spreads—and how hard it is to combat once it does.Among economists, the minimum wage was long seen as disproved by simple math. In theory, if each individual worker becomes more expensive because of higher wages, then employers won’t be able to employ as many of them.Then economists began analyzing what actually happened when the minimum wage was raised. Since the early 1990s, economists have conducted dozens of studies of more than 500 minimum-wage increases across the country. “The bulk of the studies conducted in the last 30 years suggest the effect of minimum wages on jobs is quite modest,” Arindrajit Dube, an economist at the University of Massachusetts at Amherst who has conducted multiple meta-analyses of the minimum-wage literature, told me. “Sometimes they actually result in higher employment.”[Annie Lowrey: The counterintuitive workings of the minimum wage]The leading explanation is that when the minimum wage goes up, low-wage jobs suddenly become more attractive to workers, who respond by staying in those jobs longer. Less turnover means that companies have to spend less time recruiting and training new hires, and that the workers themselves are more productive and less prone to rookie mistakes—all of which lowers an employer’s labor costs. Businesses also typically absorb some of the costs via lower profit margins or pass them on to consumers in the form of higher prices (a point I will return to later).Still, economists continue to debate just how high the minimum wage can go before it becomes a drag on employment. Less than a decade ago, many believed that raising the minimum wage to $15 an hour would lead to “substantially lower” employment, only to be proved incorrect. Then, in September 2023, California passed A.B. 1228, a law that would raise the hourly wages of fast-food workers across the state from $16 to $20—a far larger increase than any that had previously been studied. (The new law applies only to employees at chains with more than 60 locations nationwide.)The state’s fast-food industry immediately erupted in protest. Before the law took effect in April, the owners of hundreds of Pizza Hut locations declared that they would be forced to lay off all of their 1,200 delivery drivers. The owner of 140 Burger King franchises claimed that he would have to slash worker hours and expedite the rollout of self-service kiosks. Rubio’s, a regional Mexican-food chain, announced that it would close 48 stores, citing “the rising cost of doing business in California.” (Coverage of this announcement typically left out the fact that the company’s largest cost appeared to be debt payments, which had ballooned since its acquisition by a private-equity firm in 2010.)Opposition picked up even more once the law went into effect. In June, the California Business and Industrial Alliance took out a full-page ad in USA Today declaring that the state’s fast-food businesses had shed nearly 10,000 jobs in anticipation of the new law. Similar claims began appearing in right-wing media, local newspapers, and the national business press, blaming the new minimum-wage law for mass layoffs and restaurant closures.That narrative, however, was based on a statistical illusion. The 10,000-jobs number originated in an article by the Hoover Institution, a free-market-oriented think tank, which analyzed raw employment data from September 2023 through the end of the year. But as the anonymous blogger Invictus and the Los Angeles Times columnist Michael Hiltzik have pointed out, the fast-food industry always sheds jobs during the fall and winter months, simply because people go out to eat less. (It then gains those jobs back during spring and summer, when demand recovers.) According to “seasonally adjusted” employment numbers, which are widely considered more reliable because they account for these regular ups and downs, California’s fast-food industry gained more than 5,000 jobs during the period in question.The Hoover Institution eventually retracted its original post, admitting the mistake. But that didn’t put an end to the matter. In September 2024, an industry press release cited new numbers, this time seasonally adjusted, appearing to show that the state’s fast-food sector had lost thousands of jobs since the beginning of the year because of the new minimum wage, while the neighboring states of Oregon and Nevada had gained jobs. This resulted in a second wave of negative press.Once again, the statistics were misleading. This time they came from the Employment Policies Institute, a nonprofit controlled by Richard Berman, a lobbyist for the restaurant industry. The analysis conveniently chose January 2024 as its date to begin measuring employment, which happened to be one of the few starting points that showed subsequent job losses; choosing a start date of either September 2023 (when the law was signed) or April 2024 (when it took effect) would have shown that the number of jobs had risen. Simply comparing each month’s job growth with the same month the previous year, which avoids the problem of picking a start date, reveals that California’s fast-food sector gained jobs in all but one month since September 2023.[Rogé Karma: Is economic pessimism the media’s fault?]The first rule of social science is that correlation does not equal causation. Many factors could affect fast-food employment in California—positively or negatively—that have nothing to do with the minimum wage. That’s why, in a recent paper, a pair of economists from UC Berkeley compared employment for California fast-food workers with that of similar workers in states that still abide by the $7.25 federal minimum wage. The authors found that employment for the two groups was on roughly the same trajectory prior to the April wage increase, but that, since then, California’s fast-food employment had actually grown slightly faster than the other states’. (The authors also shared a not-yet-released analysis showing that these results hold when adjusting for seasonal effects and using alternative sources of data.) “These findings were a bit surprising even to me,” Michael Reich, one of the paper’s co-authors, who has published more than a dozen studies on the effect of minimum-wage laws, told me. Another report, from a different set of academic researchers, found that the new minimum wage had not resulted in a reduction in hours or a rollback of benefits, either.That doesn’t mean raising the minimum wage had no negative consequences. Reich and his co-author, Denis Sosinsky, found that the higher minimum wage caused menu prices in California fast-food chains to rise by about 3.7 percent. That number is far lower than the “$20 Big Macs” that critics of the law warned of, but it’s still significant at a time when many consumers are deeply upset over the post-pandemic spike in food prices. Even so, Reich points out that this number pales in comparison with the 18 percent raise that the average fast-food worker received because of the new law. (The authors calculated that about 62 percent of the wage increase was absorbed through higher prices, while the rest was likely absorbed by a mix of reduced turnover and, crucially, lower profits for franchisees—hence the massive industry resistance.)Notwithstanding the law’s broadly positive real-world consequences, the nonstop negative press about it has turned it into a political liability. In November, California voters narrowly rejected a ballot measure that would have raised the state’s minimum wage for all industries to $18 an hour, following a massive industry-led campaign centered on the claim that the state’s fast-food minimum-wage experiment had been a disaster.The biggest losers from this misleading narrative won’t be Californians themselves. It will be workers in the 20 states that still have a minimum wage at or below the federal minimum wage of $7.25 an hour, 19 of which voted for Trump in 2024. California’s government, like many Democratic-controlled cities and states around the country, has had plenty of mistakes to its name in recent years, but raising the minimum wage isn’t one of them. If Republicans in Washington are serious about delivering for the working-class voters who brought them to power—and who overwhelmingly support raising the minimum wage—they might consider following California’s lead just this once.
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How Bitcoin Became Boring
Until now, the phrase crypto winter meant that cryptocurrency traders were facing hard times: a period of tumbling and depressed prices that had to be weathered until the good times returned. Today, though, the cryptocurrency industry is enjoying an end-of-year season more akin to “brat summer”: This month, crypto prices hit previously unheard-of highs, with bitcoin trading above $100,000. In this new Era of Good Feelings—to borrow a phrase from early-19th-century American history—skeptics have become believers, and a digital-economic instrument that was designed to circumvent, if not replace, the traditional financial system is becoming more and more integrated into it.The catalyst for this boom, of course, was last month’s election of Donald Trump. Bitcoin’s price fell this week, but it’s still up almost 40 percent since November 5, and other major cryptocurrencies, such as ethereum and ripple, have seen similar spikes. It’s not hard to see why. Trump nominated Cantor Fitzgerald CEO and crypto enthusiast Howard Lutnick to be his secretary of commerce. He named Paul Atkins, also a crypto advocate, as the next head of the Securities Exchange Commission, replacing Gary Gensler, who became crypto’s bête noire for bringing lawsuits against the biggest crypto exchanges and numerous other players in the industry. And Trump recently repeated his campaign promise to set up a Bitcoin Strategic Reserve, which would require the Treasury Department to purchase billions of dollars’ worth of the cryptocurrency and hold it as a “permanent national asset.”On top of the regulatory environment growing markedly more crypto-friendly, other bullish signs have emerged as well. Last week, the investment giant BlackRock, which back in January was one of 10 companies to issue exchange-traded funds tied to bitcoin, released a report suggesting that investors “with suitable governance and risk tolerance” (meaning tolerance for little governance and lots of risk) should consider having as much as 2 percent of their assets in bitcoin. And MicroStrategy, a software company whose business nowadays consists almost entirely of issuing stock and convertible debt in order to buy bitcoin, was just added to the Nasdaq-100 after its stock rose more than 600 percent in the first 10 months of the year. All of the good news has bitcoin owners—also known as HODLers, a moniker derived from a common online typo of hold that was then also said to stand for “hold on for dear life”—feeling buoyant: On X, predictions of bitcoin hitting $1 million by the end of 2025 are easy to find.I first wrote about bitcoin in 2011, when one Bitcoin cost about $14, and even then, I thought it was a bubble. Had I just taken a flyer and bought $1,000 of it, I’d be a multimillionaire today. So for longtime bitcoin skeptics like me, a measure of chagrin at having been so wrong about crypto’s evolution is difficult to avoid. At the same time, what’s been fascinating about the popular embrace of bitcoin is that the reasons to be skeptical of it never disappeared: It’s still an enormously volatile asset; its price is still mostly dependent on sentiment rather than underlying fundamental value; it’s still ill-suited to be a widely used digital currency. What’s changed is that the investment world has decided none of those things really matter. As is true of gold, bitcoin is valuable because people have collectively decided it’s valuable. In effect, HODLers have succeeded in conjuring a respectable asset out of thin air.[James Surowiecki: The Trump-whim economy is here]Respectability doesn’t mean stability. The history of crypto over the past decade is one of big spikes driven by positive sentiment, rapidly followed by crashes. Bitcoin’s value has fallen by 49 percent or more on at least half a dozen occasions, and there’s no reason to believe that it’s now reached a permanently high plateau. (Indeed, just this past week, after hitting an all-time high of about $108,000, bitcoin’s price fell almost 15 percent in days, and MicroStrategy saw its stock fall more than 40 percent over the past month.) Yet even if determining a fair price for Bitcoin remains a near-impossible task (which is why I’ll never buy it), treating its value as simply the product of a hysterical bubble mentality—which was once a common critique—feels outdated. In keeping with its buccaneering, unregulated origins, the crypto industry is still rife with sketchy so-called memecoins and shitcoins, not to mention promoters promising 1,000 percent returns in a matter of days. But bitcoin itself has become practically blue-chip.The reasons bitcoin has become so highly valued are not the reasons that advocates originally argued would make it valuable. Bitcoin was designed to be a currency that people could use for trustless transactions—transactions that could be carried out without need for a financial intermediary such as a bank. But transactions in which bitcoin is used to buy or sell goods and services make up only a tiny fraction of the currency’s total trading volume, most of which is made up of people buying or selling bitcoin itself. Bitcoin’s real use, it turns out, is not as a medium of exchange, but as a secure, portable, accessible store of value, something that can be quite valuable, particularly in countries where inflation or confiscatory government policy is a problem.Similarly, bitcoin was designed to facilitate decentralized person-to-person transactions, but most bitcoin trading, at least in the West, now takes place on centralized exchanges. Again, in its liberatory promise, bitcoin was supposed to not just be independent of traditional financial institutions and government, but also enable alternatives to them. Yet the big engine of the price boom of the past two years has been bitcoin’s integration into the conventional investment industry (through such vehicles as exchange-traded funds, or ETFs), increased purchases by institutional investors and corporations, and now the prospect of legitimization by the government itself. That may include government buying of bitcoin—though exactly why Uncle Sam would want to own such a volatile asset is a question no one has yet answered persuasively.This integration has a couple of striking consequences. The first is that, for all of its benefits, it also adds a whole new set of risks to an already risky asset—if, say, Trump does not follow through on his promise to set up a Strategic Bitcoin Reserve, bitcoin’s price will likely take a tumble. The other, more substantive, consequence is that the revolutionary promise of bitcoin has largely vanished—no one really thinks it will replace, or even meaningfully weaken, fiat currencies such as the dollar, nor is it going to threaten the financial primacy of Wall Street. Cryptocurrencies will always have a special appeal for people who are skeptical of the system and convinced that economic disaster is on the horizon. But what the past six weeks have shown is that most bitcoin HODLers don’t want to bring down the system. They want bitcoin to become a part of it.
theatlantic.com