Donald Trump and Zohran Mamdani are both proof of how the ability to capture attention is power. And the attention economy isn’t reshaping just politics; it’s also reshaping the actual economy: the crypto market, A.I. venture capital, and how people, especially Gen Z, are making career decisions. Kyla Scanlon has emerged as a leading theorist on the economics of attention and is herself a member of Gen Z. She is the author of the book “In This Economy?” and Kyla’s Newsletter on Substack. I asked her on the show to walk us through her theory of the attention economy. This episode contains strong language.

I’ve been fascinated by the problem Donald Trump faces with Project 2025. Trump has been caught in an awkward position, disavowing the document itself, but unable to fully disavow the people behind it. So I wanted to do an episode not just on Trump, but on the unwieldy coalition that has formed around him — what is sometimes referred to as the “New Right.” Emily Jashinsky is the D.C. correspondent and host of “Undercurrents” for UnHerd, a co-host of “Counter Points” with Ryan Grim, and a former editor at The Federalist, one of the most influential sites among conservatives today. She’s described herself as someone with “a foot in both camps” of the “Old Right” and the “New Right.” So I thought she’d be a great guide to understanding how the conservative movement has changed. In this conversation, we discuss the key differences between the Old Right and the New Right; what the New Right wants; why New Right thinkers are so interested in the concepts of “modernity” and “virtue”; and what influence the New Right might have in a second Trump administration.