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It’s only now becoming clear how little we understood what the United States experienced during that unforgettable year and how deeply it shaped us

I’ve come to think of our current condition as a kind of long Covid, a social disease that intensified a range of chronic problems and instilled the belief that the institutions we’d been taught to rely on are unworthy of our trust

On a wide range of outcomes, including many that were less visible at the time, this country fared much worse during the Covid pandemic than comparable nations did. Distrust, division and disorganized leadership contributed to the scale of our negative health outcomes.

I wasn’t a kleptomaniac. A kleptomaniac is a person with a persistent and irresistible urge to take things that don’t belong to them. I suffered from a different type of urge, a compulsion brought about by the discomfort of apathy, the nearly indescribable absence of common social emotions like shame and empathy.

I didn’t understand any of this back then. All I knew was that I didn’t feel things the way other kids did. I didn’t feel guilt when I lied. I didn’t feel compassion when classmates got hurt on the playground. For the most part, I felt nothing, and I didn’t like the way that “nothing” felt. So I did things to replace the nothingness with…something.

This impulse felt like an unrelenting pressure that expanded to permeate my entire self. The longer I tried to ignore it, the worse it got.

You probably use a device with a chip made by TSMC every day, but TSMC does not actually design or market those chips. That would have sounded completely absurd before the existence of TSMC. Back then, companies designed chips that they manufactured themselves. Chang’s radical idea for a great semiconductor company was one that would exclusively manufacture chips that its customers designed. By not designing or selling its own chips, TSMC never competed with its own clients. In exchange, they wouldn’t have to bother running their own fabrication plants, or fabs, the expensive and dizzyingly sophisticated facilities where circuits are carved on silicon wafers.

The innovative business model behind his chip foundry would transform the industry and make TSMC indispensable to the global economy. Now it’s the company that Americans rely on the most but know the least about

I wanted to know more about his decision to start a new company when he could have stopped working altogether. What I discovered was that his age was one of his assets. Only someone with his experience and expertise could have possibly executed his plan for TSMC. 

The internal probe was meant to find out who leaked information related to a planned podcast episode about that article. But its intensity and scope suggests the Times’s leadership, after years of fights with its workforce over a variety of issues involving journalistic integrity, is sending a signal: Enough.

“The idea that someone dips into that process in the middle, and finds something that they considered might be interesting or damaging to the story under way, and then provides that to people outside, felt to me and my colleagues like a breakdown in the sort of trust and collaboration that’s necessary in the editorial process,” Executive Editor Joe Kahn said in an interview. “I haven’t seen that happen before.”

while its business hums along, the Times’s culture has been under strain.

The same inflationary forces that pushed these prices higher have also pushed wages to be 22 percent higher than on the eve of the pandemic. Official statistics show that the stuff that a typical American buys now costs 20 percent more over the same period. Some prices rose a little more, some a little less, but they all roughly rose in parallel.

It follows that the typical worker can now afford two percent more stuff. That doesn’t sound like a lot, but it’s a faster rate of improvement than the average rate of real wage growth over the past few decades.

many folks feel that they’re falling behind, even when a careful analysis of the numbers suggests they’re not.

You might have seen reports that America has fallen out of the top 20 countries on the 2024 World Happiness Index. They probably didn’t mention that Israel finished fifth, behind Finland, Denmark, Iceland and Sweden.

Don’t confuse “happiness” with “comfort” or “self-indulgence.” Israelis began 2023 polarized politically—only to be united by Hamas’s invasion. Amid unspeakable suffering, Israelis have found comfort in one another and a higher calling

That dance between the individual and the collective begins long before birth. It spawns Israelis’ high levels of “trust, benevolence, and social connections,” which, as the 2023 happiness report emphasized, nurture “well-being,” even “in times of crisis.”

Applying the same pre-pandemic model to consumer sentiment during and after the pandemic, however, simply does not work. The indicators that correlated with people's feelings about the economy before 2020 no longer seem to matter in the same way

As with so many areas of American life, the pandemic has changed virtually everything about how people think about the economy and the issues that concern them

Prior to the pandemic, our model shows consumers felt better about the economy when the personal savings rate, a measure of how much money households are able to save rather than spend each month, was higher. This makes sense: People feel better when they have money in the bank and are able to save for important purchases like cars and houses.