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Peter S. Goodman @petersgoodman.bsky.social · Sep 5

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...

‘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

www.washingtonpost.com

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Peter S. Goodman @petersgoodman.bsky.social · Aug 31

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...

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

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · Aug 26

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...

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

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · Aug 25

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

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Peter S. Goodman @petersgoodman.bsky.social · Aug 25

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.

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Peter S. Goodman @petersgoodman.bsky.social · Aug 25

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...

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

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · Aug 25

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...

The Real Reason Americans Worry About Trade

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · Jun 13

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...

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Peter S. Goodman @petersgoodman.bsky.social · May 31

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

Scott Santens @scottsantens.com · May 31

Just do universal basic income already.

Aaron Rupar @atrupar.com · May 30

Trump: "We're creating a special Trump account for every newborn child, starting them off w/ $1k to be invested over the course of their life. A little baby is born, they're gonna start off with $1k...they have a chance to be very rich. It's gonna be very cute. We're gonna follow it very closely"

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Peter S. Goodman @petersgoodman.bsky.social · May 22

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)

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · May 22

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.

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

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · May 17

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?

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Peter S. Goodman @petersgoodman.bsky.social · May 13

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)

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Reposted by Peter S. Goodman

Jennifer Harris @jwharris.bsky.social · May 8

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Peter S. Goodman @petersgoodman.bsky.social · May 8

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.

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Peter S. Goodman @petersgoodman.bsky.social · May 8

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.

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Peter S. Goodman @petersgoodman.bsky.social · May 8

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.

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Reposted by Peter S. Goodman

Siobhan @inurlibrary.bsky.social · May 6

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...

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...

www.overdrive.com

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Peter S. Goodman @petersgoodman.bsky.social · May 1

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

Brexit lessons for Trump’s trade war

Big talk of holding all the cards looks even worse with the benefit of hindsight

on.ft.com

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Reposted by Peter S. Goodman

David Sirota @davidsirota.com · Apr 26

🚨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👇

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Peter S. Goodman @petersgoodman.bsky.social · Apr 14

Thanks so much, Julie!

Peter S. Goodman @petersgoodman.bsky.social · Apr 13

So glad to hear it! Thank you

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Peter S. Goodman @petersgoodman.bsky.social · Apr 13

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...

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.

www.nytimes.com

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Peter S. Goodman @petersgoodman.bsky.social · Apr 11

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

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Peter S. Goodman @petersgoodman.bsky.social · Apr 11

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

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.

www.nytimes.com

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