Where do you find a clear signal in a world of static?

In a time of rapid change cut through the noise.

The Economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

Get the full story.

It's more than news.

It's a trusted global perspective.

The Economist know which way is up.

This episode is brought to you by Vanta. Security and compliance done wrong is a headache.

Done right, you build trust and grow faster. That's Vanta. For startups, Vanta acts as your

first security hire, using AI to get you compliant fast. For enterprises, it's your AI-powered hub for compliance, risk, and automating workflows.

From startups like Cursor to enterprises like Snowflake, top companies choose Vantor.

Do security and compliance right.

Get started today at Vantor.com.

Hi, everyone. Harry here.

We're coming to you a little early this week. Normally, we'd

publish the week's one-on-one on Thursday, but I wanted to share this conversation with you before the

holidays. And I also wanted to give you my top-line thoughts on some really big news we won't get to cover on the podcast until the new

year, namely the Supreme Court's landmark ruling in the Trump v. Illinois decision that

issued this week on Tuesday. It's a landmark decision not only because it shut down the administration's efforts to federalize

National Guard troops in cities across the country, Chicago, but Portland, Los Angeles, pretty

much every place except Washington, D.C., which is on a separate legal footing, but also, and as importantly,

because it rejects the administration's lead argument that the courts just have to defer without

...