New York Times bestselling Author Michael Lewis is, as one interviewer recently put it, “a kind of guru of our age”.

This is because, in books like Moneyball, The Big Short and Going Infinite, not to mention his own podcast, he has chronicled some of the big social and economic seachanges of our time - from the global financial crisis, to the cryptocurrency market, and how online gambling companies have managed to wage something of a “war against young men”.

Sometimes, he even seems to anticipate the sea changes. Last year, he all but predicted Donald Trump and Elon Musk’s DOGE manifesto, when he decided to investigate what American civil servants actually do. And the catastrophic risks that might come from decimating the federal government.

Today, Michael Lewis, on all of this, and what he thinks comes next for the American government. Plus, whether he thinks our own prime minister is “gutless” for delaying a ban on TV gambling advertising.

They want your content to make their site worth visiting, they just don't want you

... the Big Ugly Bill is enacted with the following provision, now hidden in the bill:

“No court of the United States may use appropriated funds to enforce a contempt citation for failure to comply with an injunction or temporary restraining order if no security was given when the injunction or order was issued….”

Translated: No federal court may enforce a contempt citation.