Ep 22 - How the World Ran Out of Everything: Inside the Global Supply Chain with Peter Goodman

The development of the global economy to become increasingly interconnected has benefited and harmed people in different ways with supply chains stretch now stretching across nations.In this episode of Books in 5, the author of "How the World Ran Out of Everything: Inside the Global Supply Chain" joins us to detail the rise of Chinese manufacturing prowess to become the dominant producer of so many goods, how American consultants & executives have enriched themselves at the expense of everyone else and why the seemingly disorganized nature of the economy, as evidenced by the pandemic disruptions, is actually purposefully designed to be that way by those in positions of power.The system of international trade that operates in the 21st century has been built on rickety foundations and it is imperative that it be transformed if humanity is going to adequately contend with the myriad challenges ahead.Peter S. Goodman is the Global Economics Correspondent for the New York Times. He was previously the NYT’s European economics correspondent, based in London, and the national economics correspondent, based in New York, where he played a leading role in the paper’s award-winning coverage of the Great Recession, including a series that was a Pulitzer finalist. Previously, he covered the Internet bubble and bust as the Washington Post’s telecommunications reporter, and served as WashPo’s China-based Asian economics correspondent. He is the author of Davos Man and Past Due: The End of Easy Money and the Renewal of the American Economy. He graduated from Reed College and completed a master’s in Vietnamese history from the University of California, Berkeley.https://www.harpercollins.com/product...https://x.com/petersgoodmanhttps://www.petersgoodman.com/