Peter S. Goodman

This detail in this terrifying and insane piece from @kashhill.bsky.social is one of the most powerful details you could ever encounter www.nytimes.com/2025/06/13/t...

When blackstone gets to manage UBI while investing some holdings in crypto is when it will happen

End of Apartheid in South Africa? Not in Economic Terms (Published 2017)

I explored this in this piece from South Africa eight years ago, suddenly more relevant today. www.nytimes.com/2017/10/24/b...

End of Apartheid in South Africa? Not in Economic Terms (Published 2017)

Something to keep in mind amid continued attention to Trump claims on “white genocide” in South Africa. It’s precisely because Mandela opted not to pursue major land transfers — concerned he not upset international investors needed to finance development — that South Africa today remains so unequal.

Serious question @howardbeck.bsky.social @zachlowenba.bsky.social did Tatum injury save Mazulla job? Because even before Tatum went down Celtics had blown series, arguably because of predictable coaching/dogmatic reliance on 3 to point of insanity. Does Tatum loss provide plausible excuse?

This, from Andy Rothman at Sinology, a story not told enough. Pre pandemic, China much farther along with domestic consumer led growth than understood (or conveniently discussed in dominant frame on China)

3/ important to remember that the shortages of pandemic prompted not just by stuff not showing up because factories in China closed, but by everything showing up at once, overwhelming distribution.

2/ and idea that tariff reversal would bring everything back to normal also wrong. It could result in surge of orders showing up at once, overwhelming works and repeating floating traffic jams. Moreover, investment in new plant stymied by uncertainty that would outlive reversal.

This, from the smart and wise @alanbeattie.bsky.social is wrong. There were structural problems revealed by pandemic: market concentration in shipping, rail, meat; lousy working conditions in trucking, warehouses; excessive Just in Time keeping inventories dangerously low.

How the World Ran Out of Everything By the New York Times's Global Economics Correspondent, an extraordinary journey to understand the worldwide supply chain—exposing both the fascinating pathways of manufacturing and transportation tha...

In a similar vein, I just finished listening to @petersgoodman.bsky.social’s “How the World Ran Out of Everything.” Even if you think you have an idea of how supply chains work, the true complexity of the systems are mind blowing www.overdrive.com/media/101303...

Brexit lessons for Trump’s trade war Big talk of holding all the cards looks even worse with the benefit of hindsight

Sharp analysis from @chrisgiles.ft.com on the familiarity of arguments — now heard from Trump admin, previously heard from Brexiteers -that trade deficit amounts to leverage in trade negotiations. on.ft.com/439JYu7 Brexit lessons for Trump’s trade war

🚨Add the series to your podcast app right now: LeverNews.com/TaxRevolt

The Lever has launched TAX REVOLT - a new audio series exposing the roots of the anti-tax movement behind Trump's new billionaire tax cuts.

Please repost/share to spread the word - this project is months in the making👇

Thanks so much, Julie!

So glad to hear it! Thank you

Trump Has Added Risk to the Surest Bet in Global Finance Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.

Trump has achieved the previously unthinkable: he has dented faith in the sanctity of US government bonds. My story www.nytimes.com/2025/04/13/b...

So much of our discourse about trade policy isn’t really even about trade. It’s become a proxy for lack of national health care, unaffordable housing and the uniquely punishing nature of job loss in US economy compared to other wealthy countries

The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned. Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.

Such an important story from @bencasselman.bsky.social correcting common fallacies about the China Shock www.nytimes.com/2025/04/11/b...

What could possibly go wrong when the world's two largest economies have a trade war?

104% tariffs on Chinese goods go into effect tomorrow. Let's see how Fox News is covering the story.

Grateful for your wonderful photos!

It’s a new video push

So glad to hear it, thank you

Understanding Tariffs and Their Consequences This week, President Trump unveiled sweeping tariffs on dozens of countries, dismantling decades of global trade agreements and sending shock waves around the world.

Had a terrific conversation with @astead-mirror.bluesky.bot and Michael Barbaro about Trump tariffs and what happens next www.nytimes.com/2025/04/05/u...

There are 33m companies in the USA. Only 21k employe 500 or more. And they only make up 23% of workers.

Trump and Elon are ignoring the more than 32m entrepreneurs that can't afford to build a new factory or pay tariffs or absorb cancelled contracts.

How the World Ran Out of Everything, part 2

Fear and Fury: The Fallout From Trump’s Tariffs The sweeping global charges have provoked strong responses from around the world.

On The Daily, we hashed out the global consequences of Trump’s dramatic tariff increases, with @jeannasmialek.bsky.social Natalie Kitroeff and Michael Barbaro www.nytimes.com/2025/04/04/p...

Perfect illustration of how hurting production in North American neighbors hurts the very workers tariff policy supposedly aimed at boosting. Many finished cars in Mexico use parts made in US. www.nytimes.com/2025/04/03/b...

How Trump’s Tariffs Will Impact Wine Drinkers and Producers American consumers are likely to see fewer choices on the shelves, and small producers may be the hardest hit.

Perfect illustration of broad tariff damage from @ericasimov.bsky.social US wine producers likely to capture more of domestic market, but still prices may rise given they rely on imported barrels, cork etc. www.nytimes.com/2025/04/03/d...

The Lost History of Trump’s Tariff War Trump’s costly trade policy is the culmination of a long-simmering backlash — but will tariffs hurt more than they help?

Trump’s trade war is the culmination of a backlash brewing since both parties’ free trade dogma destroyed the industrial heartland.

A deep dive with @petersgoodman.bsky.social on whether tariffs will do more harm than good — and how they scramble red/blue politics. www.levernews.com/the-lost-his...