Peter S. Goodman

‘The World’s Worst Bet’: Bill Clinton looks back on the world he built Bill Clinton looks back on his presidency and the impact of globalization on the US economy and politics

In which @davidjlynch.bsky.social gets Bill Clinton to acknowledge that liberalizing trade without attending to people who inevitably lose jobs has been disaster. Great excerpt from his new must read book www.washingtonpost.com/business/202...

How This A.I. Company Collapsed Amid Silicon Valley’s Biggest Boom

In the AI boom, a lot of entrants are the next Pets.com. Clarifying story from David Streitfeld www.nytimes.com/2025/08/31/t...

Lisa Cook Broke Ground at the Fed, Before Attack by Trump

Important context here from @bencasselman.bsky.social Lisa Cook Broke Ground at the Fed, Before Attack by Trump www.nytimes.com/2025/08/23/b...

Thank you so much! I'm delighted that you found it worthwhile.

Hey, thank you so much! By the way, for a book project, have been digging into your long ago excellent work on Cantor and Lutnick. I hop you're great.

Workers Who Lost Jobs to Trade Needed Help. Washington Cut the Funding.

You may chafe at Sweden comp: "Oh, nanny state socialism." But in Sweden, they protect workers so employers can fire workers at unproductive ventures without blowback. We used to have an effort to same in the US, but it never got funding www.nytimes.com/2025/08/25/b...

The Real Reason Americans Worry About Trade

When we argue about trade in the US, bemoaning job losses, we are really talking about other things: the lack of health care, the failed promise of job training, the abandonment of workers. To explore this, I compared two mass layoffs: one in Ohio, one in Sweden www.nytimes.com/2025/08/25/b...

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