The office-space company WeWork announced that it was postponing its initial public offering this week, a reaction to a sharp decline in its reported valuation from $47 billion a few weeks ago to less than $20 billion today.

In many ways, the company’s four-week tailspin has been a one-of-a-kind spectacle. Documents filed in anticipation of its public offering revealed a pattern of behavior from its founder and chief executive, Adam Neumann, that fits somewhere on the spectrum between highly eccentric and vaguely Caligulan. In one lurid example, Neumann insisted that WeWork change its name to the We Company, a title he had already trademarked, thus allowing him to charge his own company nearly $6 million for the shotgun rechristening.

Andrew Yang, the founder of a test-prep company, has never held elective office. Until last year, he was politically unknown. Now, according to the Real Clear Politics average of national polls, he is tied with Beto O’Rourke and leading Cory Booker, Amy Klobuchar, and Julián Castro in the race for the Democratic presidential nomination. To understand why, it’s worth looking at how he responded earlier this month when Shane Gillis, a comedian for Saturday Night Live, referred to him using a racial slur.

Yang urged that Gillis not be fired. He also made an artless comparison between anti-Asian and antiblack racism. That garnered much of the media coverage. But more revealing was Yang’s explanation for why Gillis deserved forgiveness. Gillis, Yang tweeted, “does not strike me as malignant or evil. He strikes me as a still-forming comedian from central Pennsylvania.”

In the summer of 1955, administrators at the University of Texas at Austin had a problem: The U.S. Supreme Court’s Brown v. Board of Education decision, handed down the previous year, required educational institutions to integrate their classrooms. But the regents overseeing the state university system’s flagship campus, the old alumni who formed the donor base, and the segregationist political forces that pulled the purse strings were all determined to find ways to keep African Americans from stepping foot on campus.

UT had no conspicuous blocking-the-schoolhouse-door moment. A series of documents in the UT archives, many of them marked confidential, suggests that administration officials took a subtler approach: They adopted a selective admissions policy based around standardized testing, which they knew would suppress the number of African American students they were forced to admit.

They can be identified by their independent-bookstore tote bags, their “Book Lover” mugs, or—most reliably—by the bound, printed stacks of paper they flip through on their lap. They are, for lack of a more specific term, readers.

Joining their tribe seems simple enough: Get a book, read it, and voilà! You’re a reader—no tote bag necessary. But behind that simple process is a question of motivation—of why some people grow up to derive great pleasure from reading, while others don’t. That why is consequential—leisure reading has been linked to a range of good academic and professional outcomes—as well as difficult to fully explain. But a chief factor seems to be the household one is born into, and the culture of reading that parents create within it.

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To be a parent is to be compromised. You pledge allegiance to justice for all, you swear that private attachments can rhyme with the public good, but when the choice comes down to your child or an abstraction—even the well-being of children you don’t know—you’ll betray your principles to the fierce unfairness of love. Then life takes revenge on the conceit that your child’s fate lies in your hands at all. The organized pathologies of adults, including yours—sometimes known as politics—find a way to infect the world of children. Only they can save themselves.

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Our son underwent his first school interview soon after turning 2. He’d been using words for about a year. An admissions officer at a private school with brand-new, beautifully and sustainably constructed art and dance studios gave him a piece of paper and crayons. While she questioned my wife and me about our work, our son drew a yellow circle over a green squiggle.

The man’s troubles began in 2004, when, having moved from China to attend college in Australia, he got really drunk. That would hardly have been a noteworthy event, except that the man hadn’t consumed any alcohol—only fruit juice.

The bizarre incident soon turned into a pattern. About once a month, and out of the blue, he’d become severely inebriated without drinking any alcohol. Over time, the episodes became more severe and more frequent. He lost jobs because people suspected him of being a closet drinker. He was frequently hospitalized. In 2011, he returned to China and his mother cared for him while monitoring him with a Breathalyzer. His blood-alcohol levels, she found, would erratically and inexplicably soar to 10 times the legal limit for driving.

I used to think that one of the gifts of growing older was that anxiety slowly abates with time. When the mind gravitates to the worst-case scenario, the years suggest that it rarely arrives. Experience teaches the brain to stave off its tendency to catastrophize. This is the wisdom that a parent whispers into a child’s ear after a nightmare. Everything will be alright.

Sixteen-year-old Greta Thunberg, the Scandinavian climate activist in fleece and braids, decries this adult capacity to self-soothe. Grown-ups claim to have a monopoly on realism—to possess a superior capacity for assessing risk—but it’s precisely that supposed realism which has led them to delusion. With their rationalizations, and their armor against anxiety, they have failed to grasp the greatest threat of them all, the warming of the planet. Although Thunberg’s voice remains a jarring monotone, her words betray her anger: “Adults keep saying we owe it to the young people to give them hope. But I don't want your hope, I don't want you to be hopeful. I want you to panic, I want you to feel the fear I feel every day.”

Washington is a place where incredible amounts of time and effort are spent to prove what’s already obvious.

This week’s drama over a whistle-blower complaint about President Donald Trump is only the latest example. The House Intelligence Committee is embroiled in a fight with the acting director of national intelligence, and by extension the White House, over the complaint. While the complaint and the person who made it, reportedly a U.S. intelligence official, remain secret, the outlines are gradually becoming clear. The official reportedly concluded that Trump had made an inappropriate “promise” to a foreign leader in a matter that reportedly involves Ukraine.

Speculation centers on a decision about whether to release U.S. aid to Ukraine, in conjunction with a Trump-related push to dig up damaging dirt about former Vice President Joe Biden’s son’s business interests in the country. Biden, of course, is the leading Democratic candidate to run against Trump in 2020. At the rate at which details about the complaint are leaking, we should have a pretty good idea within a week of the specifics, despite the administration’s best efforts at stonewalling.

The 2016 presidential election pitted the two most disliked candidates in the history of public polling against each other. In the race between Donald Trump and Hillary Clinton, millions of Americans found themselves forced to vote for a major-party nominee they plainly couldn’t stand or to risk electing the candidate they hated even more by casting their ballot for a third-party contender.

For the first time next November, a slice of the American electorate will have a way out of that lesser-of-two-evils scenario.

With a law set to take effect in 2020, Maine will become the first state to adopt ranked-choice voting for a presidential election—a method in which people list candidates by order of preference rather than bubbling in just one circle. Maine controls only four electoral votes and splits them in half by congressional district, but the change could have huge consequences if the national presidential race to 270 electoral votes is close.

Every week, The Friendship Files features a conversation between The Atlantic’s Julie Beck and two or more friends, exploring the history and significance of their relationship.

This week she talks with two women—one American, one French—who were supposed to be on the same flight out of Turkey on the day of the July 2016 military coup, but who got trapped in Istanbul’s Atatürk Airport overnight instead. After a chance meeting, they implemented a buddy system to stay safe that night, taking care of each other and doing their best to keep their spirits up. Every summer since, they’ve taken a trip together to commemorate the anniversary of the coup, and their meeting.

The Friends:

Katherine Davey, 31, an elementary-school teacher who is on hiatus to travel the world, currently staying in Istanbul
Aline Petit, 40, an improv teacher at Impro Studio who lives in Paris