Zachary Karabell

On March 9, 1862, the Union warship Monitor met its Confederate counterpart, Virginia. After a four-hour exchange of fire, the two fought to a draw. It was the first battle of ironclads. In one day, every wooden ship of the line of every naval power became immediately obsolete.

On December 7, 1941, the Japanese bombed Pearl Harbor. If the battle of the ironclads settled once and for all the wood-versus-iron debate, Japanese carrier-based aircraft settled the battleship-versus-carrier debate by sinking the cream of America’s battleship fleet in a single morning.

On April 14, 2022, the Ukrainians sank the Russian cruiser Moskva with a pair of Neptune anti-ship missiles. And that success posed an urgent question to the world’s major militaries: Has another age of warfare just begun? After 20 years spent fighting the post-9/11 wars, the United States military’s attention is again focused on a peer-level adversary. The Pentagon hasn’t been thinking this way since the Cold War, and it is attempting a profound transformation. Today, fierce debate attends this transformation, and nowhere more acutely than in the Marine Corps.

Until a few decades ago, most Democrats did not hate Republicans, and most Republicans did not hate Democrats. Very few Americans thought the policies of the other side were a threat to the country or worried about their child marrying a spouse who belonged to a different political party.

All of that has changed. A 2016 survey found that 60 percent of Democrats and 63 percent of Republicans would now balk at their child’s marrying a supporter of a different political party. In the run-up to the 2020 presidential election, the Pew Research Center reported that roughly nine out of 10 supporters of Joe Biden and of Donald Trump alike were convinced that a victory by their opponent would cause “lasting harm” to the United States.

Carnage in the cryptocurrency market is nothing new. Over the past decade, even as the value of cryptocurrencies like bitcoin and ether has risen sharply, crashes have been a regular feature of the market. (There’s a reason HODL—“Hold on for dear life”—is a mantra among crypto believers.) But even by crypto standards, the destruction of value over the past six months—and in particular, over the past few weeks—has been staggering.

Since November, something like $1.5 trillion in cryptocurrency value has been erased. Bitcoin and Ethereum, the market’s bellwethers, are both down about 60 percent from their peaks. And most strikingly, the so-called stablecoin Terra and its sister token, Luna, which together were valued at about $60 billion six weeks ago, imploded in a matter of days and are now essentially worthless.  

Updated at 9:51 a.m. on May 20, 2022

Yesterday afternoon, I called the UCLA epidemiologist Anne Rimoin to ask about the European outbreak of monkeypox—a rare but potentially severe viral illness with dozens of confirmed or suspected cases in the United Kingdom, Spain, and Portugal. “If we see those clusters, given the amount of travel between the United States and Europe, I wouldn’t be surprised to see cases here,” Rimoin, who studies the disease, told me. Ten minutes later, she stopped mid-sentence to say that a colleague had just texted her a press release: “Massachusetts Public Health Officials Confirm Case of Monkeypox.”

The virus behind monkeypox is a close relative of the one that caused smallpox but is less deadly and less transmissible, causing symptoms that include fever and a rash. Endemic to western and central Africa, it was first discovered in laboratory monkeys in 1958—hence the name—but the wild animals that harbor the virus are probably rodents. The virus occasionally spills over into humans, and such infections have become more common in recent decades. Rarely, monkeypox makes it to other continents, and when it does, outbreaks “are so small, they’re measured in single digits,” Thomas Inglesby, the director of the Johns Hopkins Center for Health Security, told me. The only significant American outbreak occurred in 2003, when a shipment of Ghanaian rodents spread the virus to prairie dogs in Illinois, which were sold as pets and infected up to 47 people, none fatally. Just last year, two travelers independently carried the virus to the U.S. from Nigeria but infected no one else.

When I train medical students, I emphasize that almost nobody is more acutely aware of time than an obstetrician is. Whenever doctors in my field are briefed about a new patient, the first question we ask is: “How many weeks?” The answer affects everything. A pregnant patient diagnosed with high blood pressure at 12 weeks is usually suffering from chronic hypertension, a condition not immediately dangerous to her. At 37 weeks, a similar blood-pressure reading signals preeclampsia, a direct risk to the patient and her fetus. A patient whose water breaks the week before her due date, at 39 weeks, is probably going to have a healthy baby; someone in the same situation at 20 weeks faces a terrifying ordeal that will probably end in infection and pregnancy loss. The dangers that a patient faces, the treatment options we can consider, the risks she may be willing to take—all of these evolve over the nine months of a pregnancy. The only people who understand this better than obstetricians do are our pregnant patients themselves, who count every passing moment in their bodies.  

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A shadow box above Rebecca’s dining-room table, hanging there since 2006, displays an autographed copy of the Pirates of the Caribbean script—signed by Keira Knightley, Orlando Bloom, and Johnny Depp. Though Rebecca, at age 36, is emphatically no longer a Depp fan, she says she keeps the script on her wall as a conversation starter. If someone asks about it, maybe she’ll go into the full story, rather than pretending she never liked Depp. “Also it’s not like it’s his smug little face,” she told me.

That face is everywhere right now, on account of Depp’s ongoing and highly public lawsuit against his ex-wife Amber Heard. The case is complicated, and the testimony is rife with sordid, disturbing details. In short, Depp has taken Heard to court for defamation over a 2018 essay she published in The Washington Post that identified her as a victim of domestic abuse and sexual violence. Heard also made abuse allegations when she filed for divorce from Depp in early 2016, and was granted a restraining order against him.

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If you’ve tried to buy a home in the past two years, you have my most profound sympathies. Your experience has probably gone something like this: You found your dream home online; sent photos around to your family; visited the premises (or decided to buy, sight unseen); got your financial statements in order; smartly offered 10 percent over asking; and learned, several hours later, that no fewer than 831 other people had bid for the same house, which sold to a couple who paid 50 percent over asking, all cash, and cinched the deal with a contract amendment promising to name their firstborn child after the seller.

Yes, the American real-estate market really has been historically hellish, or historically hot, depending on whether you were trying to buy a home or sell one. Within the past year, just about every housing statistic you could imagine set some kind of berserk record. Home prices hit a record high, the share of homes that sold above asking hit a record high, and the number of available homes for sale hit a record low.

Today is Prime Day. Imagine trying to explain that to an alien or to a time traveler from the 20th century. “Amazon turned 20 and on the eve of its birthday, the company introduced Prime Day, a global shopping event,” reads Amazon’s formal telling of the ritual’s 2015 origins. “Our only goal? Offer a volume of deals greater than Black Friday, exclusively for Prime members.” The holiday was invented by a corporation in honor of itself, to enrich itself. It has existed for six years and is observed by tens of millions of people worldwide. I hope you are spending it with your loved ones.

Prime Day is a singular and strange artifact, but then again, so is Prime, Amazon’s $119-a-year membership service, which buys subscribers free one-day shipping, plus access to streaming media, discounts at the Amazon subsidiary Whole Foods, and a host of other perks. Prime is Amazon’s greatest and most terrifying invention: a product whose value proposition is to help you buy more products. With 200 million subscribers worldwide, it is the second-most-popular subscription service on Earth, poised to overtake Netflix in the not-so-distant future.

“How to Build a Life” is a weekly column by Arthur Brooks, tackling questions of meaning and happiness. Click here to listen to his podcast series on all things happiness, How to Build a Happy Life.

Some years ago, a friend told me that his marriage was suffering because he was on the road so much for work. I started counseling him on how to fix things—to move more meetings online, to make do with less money. But no matter what I suggested, he always had a counterargument for why it was impossible. Finally, it dawned on me: His issue wasn’t a logistics or work-management problem. It was a home problem. As he ultimately acknowledged, he didn’t like being there, but he was unwilling to confront the real source of his troubles.

It’s suddenly become acceptable to say that COVID is—or will soon be—like the flu. Such analogies have long been the preserve of pandemic minimizers, but lately they’ve been creeping into more enlightened circles. Last month the dean of a medical school wrote an open letter to his students suggesting that for a vaccinated person, the risk of death from COVID-19 is “in the same realm, or even lower, as the average American’s risk from flu.” A few days later, David Leonhardt said as much to his millions of readers in the The New York Times’ morning newsletter. And three prominent public-health experts have called for the government to recognize a “new normal” in which the SARS-CoV-2 coronavirus “is but one of several circulating respiratory viruses that include influenza, respiratory syncytial virus (RSV), and more.”