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

Smart People Podcast

Smart People Industries

Business, Education, Society & Culture

4.6 • 736 Ratings

🗓️ 9 October 2024

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

How does the wealthiest country on earth run out of protective gear in the middle of a public health catastrophe? How do its parents find themselves unable to locate crucially needed infant formula? How do its largest companies spend billions of dollars making cars that no one can drive for a lack of chips? The last few years have radically highlighted the intricacy and fragility of the global supply chain. In this episode we speak with award-winning journalist Peter S. Goodman about the inner workings of our supply chain and the factors that have led to its constant, dangerous vulnerability. Peter's book, How the World Ran Out of Everything: Inside the Global Supply Chain, is available wherever books are sold. You can learn more about Peter at petersgoodman.com. Support the Show - Become a Patron! Help us grow and become a Patron today: https://www.patreon.com/smartpeoplepodcast Sponsors: Babbel - Get 60% off your Babbel subscription at babbel.com/spp Shopify - Sign up for your one-dollar-per-month trial period at shopify.com/spp Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:28.7	this is smart people podcast podcast for smart people where we talk to smart people, but not
0:39.0	necessarily done by smart people.
0:45.1	Hello and welcome to Smart People podcast conversations that satisfy your curious mind and make
0:51.2	you smarter around the dinner table conversation.
0:54.6	This is one of those episodes.
0:56.7	Listen, I've been thinking a lot about what do we do here?
0:59.9	What's the point?
1:00.9	How do we differentiate from other podcasts?
1:02.6	I mean, hell, we've talked to a lot of you about that.
1:04.7	And I just keep coming back to this fact that I want to cover things that have an impact
1:08.4	on our lives, but often we are too busy to go seek
1:12.4	out the information and understand it. You know, so you can learn it on your commute, for example.
1:18.1	And that's it. And now you're better informed. And should you choose to buy the book and read the book?
1:22.6	Great. Today we're going to be talking about really the global supply chain that has impacted all of our lives from the fact that, you know, cars were so expensive for three or four years and the fact that food is still very expensive and how that relates to the supply chain.
1:41.1	Is it companies doing this to us or is it actually the remnants of
1:44.9	COVID? Is it greed capitalism? How do we fix it? All things that as both a person and a consumer,
1:52.1	I think will help our life choices, which ultimately is the goal of listening to show,
	...

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