“All I’ve ever wanted to do is help people. I want to see people thrive. When we think about the original definition of the American Dream, it was that people could reach fulfillment, that they could seek out the path that they most wanted to be on. I just see so many people who are not even able to get their hand on the rung of the ladder.”
-Kyla Scanlon, episode 473 of Talk Easy with Sam Fragoso
The way Americans talk about money is changing. Economic commentator Kyla Scanlon has emerged as a fresh, influential voice in that conversation. Recently named one of TIME’s 100 Creators, her New York Times bestseller, In This Economy? How Money & Markets Really Work, has been hailed as “essential reading” by Jon Stewart. She joins us this week to offer her “boots-on-the-ground” understanding of the economy, ahead of the midterms.
We discuss the top-line concerns she’s hearing from young Americans (2:20), the affordability crisis (4:02), why a booming stock market doesn’t reflect the broader economy (6:04), President Trump’s closing message to voters ahead of Tuesday (9:34), a stagnant labor market where companies are reluctant to hire or fire (15:03), and why traditional career advice no longer applies to today’s workplace—a subject she explores on her new Vox podcast Best of Luck (16:35).
On the back-half, Scanlon reflects on her imaginative childhood in Kentucky (25:30), what she learned from working at a Hyundai dealership (32:29), and the leap of faith that brought her to Los Angeles (35:50). To close, she explains how she found her audience explaining economics on social media during the pandemic (37:35), Gen Z’s changing relationship to work (41:07), the rise of speculative investing (43:43), the economic implications of AI (53:15), and the ‘duty’ we have to hold onto to optimism (1:07:06).
As always, our email: talkeasypod@gmail.com.
Watch this conversation on YouTube:
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Show-notes:
- Listen to Kyla’s podcast Best of Luck.
- Read her book In This Economy? How Money & Markets Really Work.
- Find Kyla’s Newsletter on Substack.
- Follow her on TikTok, Instagram, and YouTube.
- For more, our talks with Michael Lewis, Maggie Haberman, and Tristan Harris.
- Order your Talk Easy mug in cream and navy or our vinyl record with Fran Lebowitz.
Photographs by Emil Ravelo. Design by Derek Gabryszak and Will Tuddenham.
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