How the World Ran on Empty with Peter Goodman

In this podcast, Peter Goodman, author of "How the World Ran Out of Everything," shares insights on global supply chain challenges. He explains how the push for "lean" manufacturing and just-in-time delivery—often influenced by consultants focused on short-term stock gains—contributed to significant shortages during the pandemic. Goodman discusses the impact of companies like Walmart outsourcing production to China, which led to job losses in the US and created vulnerabilities to disruptions, along with the rise of "greedflation," where prices surged opportunistically. The conversation also explores Goodman's career, including his reporting from conflict zones, and his perspectives on the future of manufacturing and globalization.