Ha! Hoping you find that worthwhile, too. I appreciate you

Thank you so much!

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.

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...

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

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.

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...