Peter S. Goodman
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petersgoodman.bsky.social
Peter S. Goodman
@petersgoodman.bsky.social
Global Economic Correspondent, NY Times. Former Shanghai buro chief, WashPost. Author of HOW THE WORLD RAN OUT OF EVERYTHING: Inside the Global Supply Chain and DAVOS MAN: How the Billionaires Devoured the World
Why do otherwise intelligent people insist on referring to Milei economics as “radical free market” while pointing to his insistence on “maintaining a strong peso to crush inflation? In a truly free market the peso would sink like a stone.
October 24, 2025 at 1:16 PM
Recalling that 3yrs ago when my book DAVOS MAN came out depicting @mbenioff.bsky.social as a guy who mostly cared about tax cuts and dereg, the one guy I encountered on media tour who pushed back and defended him was @profgalloway.com genuinely wondering what he thinks tonight
October 11, 2025 at 2:51 AM
Do not miss this excellent story from Keith Bradsher Why China Built 162 Square Miles of Solar Panels on the World’s Highest Plateau www.nytimes.com/2025/10/10/b...
Why China Built 162 Square Miles of Solar Panels on the World’s Highest Plateau
www.nytimes.com
October 11, 2025 at 2:47 AM
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
September 5, 2025 at 11:24 AM
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
August 31, 2025 at 8:38 PM
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
August 26, 2025 at 12:37 PM
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
August 25, 2025 at 9:07 AM
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...
June 13, 2025 at 7:52 PM
When blackstone gets to manage UBI while investing some holdings in crypto is when it will happen
Just do universal basic income already.
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"
May 31, 2025 at 2:31 PM
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
May 22, 2025 at 12:28 PM
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?
May 17, 2025 at 1:44 AM
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)
May 13, 2025 at 12:43 PM
Reposted by Peter S. Goodman
May 8, 2025 at 3:35 PM
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.
May 8, 2025 at 11:35 AM
Reposted by Peter S. Goodman
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
May 6, 2025 at 2:25 PM
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
May 1, 2025 at 10:42 AM
Reposted by Peter S. Goodman
🚨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👇
April 26, 2025 at 2:29 PM
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
April 13, 2025 at 10:56 AM
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
April 11, 2025 at 11:43 AM
What could possibly go wrong when the world's two largest economies have a trade war?
TARIFF UPDATE:

- US average tariffs on imports from China are now 104.3% (was 20.8% on Jan 20, 2025)

- Chinese average tariffs on imports from US are now 106.6% (was 21.2% on Jan 20, 2025)

NOTE: US average tariffs on imports from rest of world are now up to 15.7% (was 3.0% on Jan 20, 2025)
US-China Trade War Tariffs: An Up-to-Date Chart
www.piie.com
April 9, 2025 at 4:46 PM
Reposted by Peter S. Goodman
104% tariffs on Chinese goods go into effect tomorrow. Let's see how Fox News is covering the story.
April 8, 2025 at 5:43 PM
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...
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.
www.nytimes.com
April 5, 2025 at 11:33 AM
Reposted by Peter S. Goodman
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.
April 4, 2025 at 1:57 PM
How the World Ran Out of Everything, part 2
April 4, 2025 at 3:45 PM
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...
Fear and Fury: The Fallout From Trump’s Tariffs
The sweeping global charges have provoked strong responses from around the world.
www.nytimes.com
April 4, 2025 at 10:05 AM