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The Gist

Jonathan Cohen: "Add Friction" to the Super Bowl of Gambling

The Gist

Peach Fish Productions

Daily News, News

4.53.7K Ratings

🗓️ 5 February 2026

⏱️ 36 minutes

🧾️ Download transcript

Summary

Jonathan Cohen, author of Losing Big: America's Reckless Bet on Sports Gambling, makes the case that the only credible reform agenda is friction, slowing bets, delaying deposits, and cutting off the design features that turn even Czech table tennis into a high stakes trap. Also on the show, Conor Patrick Heffernan traces how ideas of strength evolved, from Charles Atlas chests to bodybuilding's takeover of Hollywood, and why the human body mostly just responds to resistance, not trends. Plus a lament for the Washington Post's decline, how the Times out-competed it by poaching talent, and the brutal economics of serious nonfiction journalism in 2026. Produced by Corey Wara Video and Social Media by Geoff Craig Do you have questions or comments, or just want to say hello? Email us at ⁠⁠⁠⁠thegist@mikepesca.com For full Pesca content and updates, check out our website at https://www.mikepesca.com/⁠ For ad-free content or to become a Pesca Plus subscriber, check out ⁠⁠⁠⁠https://subscribe.mikepesca.com/ For Mike's daily takes on Substack, subscribe to The Gist List https://mikepesca.substack.com/ Follow us on Social Media:⁠⁠⁠⁠ YouTube https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g⁠⁠⁠⁠ Instagram https://www.instagram.com/pescagist/ X https://x.com/pescami TikTok https://www.tiktok.com/@pescagist To advertise on the show, contact ⁠⁠⁠⁠ad-sales@libsyn.com⁠⁠⁠⁠ or visit ⁠⁠⁠⁠https://advertising.libsyn.com/TheGist

Transcript

Click on a timestamp to play from that location

0:00.0

It's Thursday, February 5th, 2026.

0:06.5

From Peachfish Productions, it's The Gist.

0:08.5

I'm Mike Peska.

0:09.7

And I like almost to every other decent person in the world of journalism,

0:13.3

am gutted by the gutting of the Washington Post.

0:16.4

I subscribe to the Post, it's not even a question.

0:18.9

There are three publications I couldn't do this job

0:21.0

without paid subscriptions to, the Times, the Post, and the Wall Street Journal. Bloomberg's right

0:25.7

behind. I also have 10 other paid subscriptions because I am a maniac, and the gist list beckons

0:32.0

my past good, that substack.com. But I cycle through the Philly Inquirer, the LA Times, or the Chicago

0:38.2

Tribune, or now the Omaha World Herald these days, but I could never cycle through or let a

0:44.8

subscription lay fallow to a paper like The Washington Post, a great newspaper, once greater

0:51.1

than it is now, but still consistently delivering. I don't know.

0:54.6

Maybe tomorrow it won't.

0:56.2

Today on The Daily, which is the New York Times dominant flagship podcast, oh, by the way,

1:01.9

an entity that the Washington Post has never come close to replicating, which is just one

1:07.5

small part of the reason they're declining.

1:09.9

Eric Wemple, very good media reporter, who once reported for The Washington Post, but now works for the New York Times, gave this analysis of recent post glory in reporting about Donald Trump.

1:22.0

They were delivering scoops about his philanthropic organizations, about his business operations, and then into his administration

1:29.6

first year. For example, the New York Times and the Washington Post shared a Pulitzer Public Service

1:35.2

prize for coverage of the Trump administration's approach to Russia. And if you want to know

1:41.2

how badly that offended Mr. Trump, you can just look at the lawsuit that he filed against the Pulitzer Board a few years back.

...

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