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Freakonomics Radio

676. Has America Lost the Plot?

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.532.9K Ratings

🗓️ 5 June 2026

⏱️ 66 minutes

🧾️ Download transcript

Summary

Another war in the Middle East. A retreat from the international order. A presidency built on self-dealing and arbitrary power. It’s enough to make you think the U.S. is in a steep decline — but Fareed Zakaria thinks otherwise.

Transcript

Click on a timestamp to play from that location

0:00.0

Let me just say this up front.

0:05.5

Predicting the future is hard.

0:07.9

We once made an episode called The Folly of Prediction, episode number 41, if you want to hunt

0:13.3

it down.

0:14.3

The findings were clear.

0:15.6

Most of us are much worse than we think at making predictions, and we're also much

0:19.7

more confident than we ought to be.

0:22.2

But that doesn't stop us from trying. Look at the huge success of prediction markets like

0:27.1

Kalshi and Polymarket. We are always dying to know what might happen next. I am not immune

0:34.0

from this desire. You probably aren't either. The one particular temptation is geopolitics.

0:39.5

It is so complex and dynamic and important that it's hard to hold yourself back, even if you know that your prediction is at best an educated guess.

0:50.3

So you might as well get your geopolitical predictions from someone who is extremely educated in these matters.

0:57.7

Someone like this.

0:59.0

Farid Zakaria, I work at CNN and write a column for the Washington Post and write books.

1:04.4

Zakaria is a foreign policy stud, a political scientist by training, a journalist by vocation, and longtime member of the

1:12.4

Council on Foreign Relations, which is why we are having him on the show today for a third

1:17.9

time. His last appearance was just after Donald Trump had been re-elected to the presidency,

1:22.9

but before Trump took office. You did make some predictions the last time you came on the show. Uh-oh. The second Trump administration, you said, it's not going to be as bad as people think. This is a country with a lot of checks and balances. You have institutions, you have bureaucracies, you have laws, you have rules. These all can't just be willy-nilly dispensed with. Yeah, I'd say it was basically wrong.

1:44.6

A few months ago, Trump made one of his most unpredictable moves yet, and possibly one of the

1:49.7

most consequential to a joint military strike on Iran with Israel.

1:54.9

Fareed Zakaria did not think this was a good idea.

1:57.7

As he wrote at the time, bomb and hope is not a strategy. So what is the strategy?

...

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