Features

The world needs more copper, but there’s a catch

Copper has a nickname in the commodities market. It’s known as “Doctor Copper” because it’s so deeply integrated into the physical fabric of our lives and all the technology we depend on that its price reflects the health of the economy. “Gold is money, everything else is credit,” said J.P. Morgan more than a century ago. But copper is more than money. It’s modern human life. It is used in every corner of our technology, from houses to windfarms to warehouses. Which is why I think, while everyone’s still obsessing about gold, it’s worth taking a look at copper. Since the global financial crisis in 2008, stock markets may have reached new highs but the physical world of construction, infrastructure and manufacturing has never quite regained its old growth rate.

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granny AI

Talk to your dead grandmother thanks to AI

Doing the rounds on social media is the most disturbing ad I’ve ever seen. And I’m telling you about it because you need to be forewarned, just in case this Christmas a child or a grandchild happens to mention that it might be an idea to record a video for posterity, and opens the 2wai app. 2wai is the company responsible for the ad, and the service it offers is the creation of AI versions of family members so that relatives can talk to them after they’re dead. Catch ’em while they’re still alive, says 2wai; film a three-minute interview and Bob’s your AI uncle. “Loved ones we’ve lost can be part of our future.” That’s its catchphrase. The 2wai ad is about “Baby Charlie,” and it goes like this.

Can Trump control inflation?

Notionally, Americans have never been better off. The ructions in tech stocks over the past few weeks cannot detract from the fact that the US economy has been outgunning other developed economies all century. The overall graph of real disposable income for Americans continues to trend upward, almost as if the sharp dip during the pandemic had not happened. That is certainly not true everywhere: in many countries, Covid has been followed by stagnation in GDP and wages. Yet, for all the wealth generated, many Americans simply do not feel that they are living in a thriving country. On the things that really matter, such as basic living costs, citizens at the lower end of the income scale feel their wages are increasingly inadequate. They are not imagining it.

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Trump’s Oddjob: the rise of Steven Cheung

Though reporters covering the Trump administration are very familiar with Steven Cheung, the Donald’s combative White House communications director, he’s not a recognizable face to the general public. Press secretary Karoline Leavitt plays good cop, deflecting questions; Cheung is bad cop, trolling the media on X. But Cheung had a moment in the spotlight early this month during a press conference in which Trump announced reduced prices for GLP-1 “fat drugs.” “Where’s Steve?” Trump said. “He’s taking it.” The press is very familiar with Cheung’s weight issues. When one media outlet compared him to the rather overweight Bond villain Oddjob, Cheung leaned into the racially tinged stereotype and posed for a photo while wearing a bowler hat.

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Andrew Cuomo was the spoiler, not me

In the final weeks of the New York City mayoral campaign, there was heavy involvement from billionaires and masters of the universe. Donald Trump and Elon Musk joined the chorus of the Democratic Establishment. And the message was clear: a vote for me was a vote for Mamdani. There was a 72-hour barrage from super PACs running this message on conservative radio and news shows in an attempt to convince Republicans and conservatives to abandon their beliefs and principles and effectively join the Democratic party. No longer was the focus on what each candidate stood for. The point was to rewrite history and distance fact from reality. We had Andrew Cuomo – a failed governor who left office in disgrace – being presented to the public as NYC’s only savior.

Curtis Sliwa

Is MAGA cracking up?

In the year since his triumphant reelection, Donald Trump has racked up an enormous list of accomplishments, both foreign and domestic. His sweeping, “move fast and break things” approach to governance has generated a form of accepted normalcy which his first administration never experienced. His White House staff and cabinet, once full of leaks and disloyalty, has turned out to be incredibly faithful. On the international scene, he has credibly been suggested as deserving of the Nobel Peace Prize. And at home, according to polling averages from RealClearPolitics, Trump is more popular at this point in his second term than either George W. Bush or Barack Obama was. Yet within the movement that made all this possible, it seems everyone is at each other’s throats.

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william f. buckley jr

What would Buckley do?

When Sam Tanenhaus’s monumental biography Buckley was published in June, I began a review by noting that William F. Buckley Jr.’s memory is as ill-served by some of his admirers as it is by his critics. The two have in fact largely converged on a single characterization of National Review’s founder: Buckley as the patron saint of purges, who excommunicated anti-Semites and conspiracists (as one side emphasizes) or antiwar dissenters and populists (as the other sees it) from the conservative movement.

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It’s the cost of living, stupid

Earlier this month, the Republicans lost their first set of elections after Donald Trump’s victory last year, proving once again that without Trump, the GOP is cooked. Because yes – it really is all about him. Are you a narcissist if the world actually does revolve around you? Or are you just right? The problem for the GOP is that they need Trump to win, but Trump loves watching them lose without him. OK, maybe he is a narcissist. What’s clear is that the 2024 election was not the final boss. It didn’t destroy wokeism. You have to picture the spider in The Lord of the Rings, Shelob, crawling back into her cave after being stabbed by Samwise. Is she injured? Yes. Dead? No. She will probably be back to kill you.

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Among the lords of tech

“What’s missing?” the tech titan Peter Thiel asks me, over lunch on the hummingbird-infested patio of his house in the Hollywood Hills. He gestures at Los Angeles, laid out in the haze below us. “Cranes!” he explains. Thiel has argued for years that America has done most of its innovation in digital “bits” instead of physical “atoms” because bureaucracy, regulation and environmentalism have got in the way of the latter. While software has exploded, transport and infrastructure have stagnated. But over the next few days in Austin, Texas, and around San Francisco Bay, I see evidence this is changing.

Has QAnon been vindicated?

QAnon is the online movement spawned by Q, a poster on the anonymous message board 4chan. In October 2017, they began leaving a series of gnomic posts riven with strange imagery – “drops.” Claiming to be a US official with a high-level security clearance, Q informed fellow users that the United States was secretly controlled by a clique of pedophiles and traitors encompassing much of the Democratic party and the intelligence services. But Donald Trump, who had recently been elected president, was alive to the danger. With the aid of friendly “deep state” elements, Trump was working behind the scenes in a grand effort (“The Plan”) to expose the cabal that would culminate in a day of action (“The Storm”) in which its members would be arrested and executed.

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How scientists misled the world about faith

Sometime in 1953, Dorothy Martin was contacted by aliens. They had bad news and they had good news. The bad: Earth was about to be swallowed up by floodwaters. The good: as the leader of a chosen few, Martin would be saved by flying saucers. Mankind had brought this calamity on itself by following Lucifer’s agents – scientists – and abandoning Christ. Over the next year or so, Martin assembled a little flock of disciples who believed their salvation, and the world’s end, would come on December 21, 1954. A team of psychologists caught wind of Martin’s prediction.

The battle for Anna Wintour’s Vogue empire

When Anna Wintour announced she was stepping down as editor-in-chief of Vogue in June, it appeared to be the end of the ice queen’s reign. Yet Wintour retained her large, chintzy corner office as well as her two other roles – as Condé Nast’s global chief content officer and Vogue’s global editorial director. If you looked closely, you might have seen a steely determination lurking behind her trademark sunglasses, the look of a generational editor intent on more power – and perhaps even revenge. The Condé Nast Union naively regarded Wintour’s move as that of a then 75-year-old drifting into quiet retirement, the old guard surrendering to youth.

Why Trump is freezing out Five Eyes allies

The most powerful intelligence alliance in the world is breaking up. In January, Donald Trump restricted intelligence-sharing on Russia and Ukraine, cutting allies out of negotiations and freezing certain channels entirely. Then in March came the so-called “Ukraine intel blackout,” an unprecedented freeze that shut Britain and Australia out of updates on Russian troop movements. And last month, the Dutch said they were scaling back intelligence-sharing with America over fears of “politicization.” Trump tends to treat intelligence as leverage, a tool to reward countries that fall in line with Washington and punish those that don’t. In his hands, intelligence and secrets have become bargaining chips.

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Why Europe can’t go it alone on Ukraine

Who will pay for Ukraine’s war effort now the Trump administration has turned off the financial taps? European leaders have expressed themselves ready and willing to take up the burden, with European Commission President Ursula von der Leyen affirming that “if we continue to believe that Ukraine is our first line of defense, we need to step up our assistance.” Individual countries have come up with generous funding packages – most open-handed of all being Germany, which has recently pledged more than €3 billion in direct funding. But that’s just a drop in the ocean compared to what Ukraine says it needs.

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The lost art of the insult

Imagine I were to begin this column by remarking that a woman preaching is like a dog walking on its hind legs: it is not done well, but you’re surprised to find it done at all. Dear me, that would never do, even in as cheeky a magazine as The Spectator. Then try instead: “Dr. Johnson was no admirer of the female sex. ‘A woman’s preaching,’ he said, ‘is like a dog’s walking on his hinder legs. It is not done well, but you are surprised to find it done at all.’” I could get away with that. An antiquated opinion, safely attributed to an 18th-century writer, enclosed behind quotation marks and decorated with a few cobwebs, can still be sneaked past our 21st-century censors. But how about a more recent offensive remark?

Dallas Alexander (Dallas Alexander) canada

The unbearable wokeness of the Canadian military

“I think the question that needs to be asked is: what kind of military does Canada even want?” Dallas Alexander has been all country-star cool until I ask about his former employer. Now his voice takes on a more earnest tone. We’ve talked about the song the veteran-turned-singer considers his best – “Child of this Land,” a ballad about growing up in the remote Fishing Lake Métis Settlement in northern Alberta – and we’ve discussed which is the fan favorite: same, he says, or maybe the more upbeat “Can’t Blame My Bloodline.” To my mild surprise he doesn’t mention “Adios Amigo.” The song, with its catchy (and ominous) refrain, references the record-breaking sniper shot taken by Alexander’s team in 2017.

Beautiful interiors can’t guarantee a beautiful marriage

I remember poring over the photos when they first appeared in Architectural Digest in early 2023. Even back then, before Lily Allen wrote what Rolling Stone called “the most brutal album of the year,” I knew in my gut that her marriage to that actor guy she met on Raya – whatshisface? David Strangerbeard? – wouldn’t last. Because looking at the pictures of their house made me feel queasy. There was something off about it. It just wasn’t right. It didn’t bode well. It’s not that the house wasn’t gorgeous. It was – and still is – spectacular. A double-width brownstone in the slouchiest artisanal urban village on Earth: Carroll Gardens, Brooklyn.

Against flakes

A new drinks-party-shirking method has taken hold in society. I call it “Lastminute.non.” Previously, the way of not going to someone’s party was to write a polite message of refusal at least a week in advance, giving the host or hostess ample time to absorb the sad but inevitable fact that various friends would not be able to attend – usually for copper-bottomed reasons, such as that they had other plans for the evening or would be away on holiday. The new trend seems to be to accept an invitation, and then, mere hours before, to duck out of it. This means that from breakfast time onward throughout the day of the party, the host will receive a steady stream of apologetic messages. It happened to me last month, on the day of the launch of my debut novella at a bookshop.