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Slate Money: Arriving Today

Slate Daily Feed

Slate

Business, News, Society & Culture

3.91.1K Ratings

🗓️ 20 November 2021

⏱️ 55 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael are joined by author Christopher Mims to talk about his new book, Arriving Today, what’s really going on with the supply chain crisis, the logistics of how Amazon works, and the crazy story of a crypto group trying to get a copy of the U.S. Constitution at auction. In the Plus segment: The people you don’t think about in the supply chain. Email: slatemoney@slate.com Podcast production by Cheyna Roth To learn more about Work Check, visit https://link.chtbl.com/workcheck?sid=podcast.slatemoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Quick update after we recorded this show, Ken Griffin, the hedge fund billionaire came out

0:06.5

and announced that he was the person who had bought and guaranteed the Constitution.

0:11.3

Of course, he knew how to outbid some unruly group of 17,000 crypto people.

0:18.4

Hello! And welcome to the arriving today episode of Slate Money, your guide to the business

0:38.5

and finance news of the week. I'm Felix Salmon of Axios. I'm here with Stacey Marie

0:43.2

Ishmael of Bloomberg. Hello! And Emily Peck of Fundrise. Hi! And wonderfully, Christopher

0:53.0

Memnes of the Wall Street Journal. Chris, welcome to the show. Who are you and why you want

0:58.6

this show? I met you at a party. That's why I'm here. No, I'm a technology columnist. It's true.

1:06.4

I'm a technology columnist, the Wall Street Journal, and I wrote a book about how everything

1:10.4

gets from the factory to your front door called arriving today. And it turned out to be oddly

1:14.4

timely because supply chains I wrote about all broke down just as it was coming out. And if you

1:20.7

ordered that book on Amazon, it will arrive today. Maybe perhaps if you have same day delivery. It's

1:26.6

kind of an amazing phenomenon. We will unpack that. We will unpack the Amazon logistics machine.

1:34.1

We will talk about the supply chain crisis more broadly. We will talk about the Constitution

1:40.3

Dow. We have a packed episode coming up on sleep money. And let's jump into the book, Chris. What

1:51.2

is this book you have written? I set out to write an explainer of how everything gets from the

1:56.7

factory to our front door. And I manifested a global pandemic and supply chain crisis during

2:05.9

the reporting of the book to the point that the starting point of the book is actually a port

2:11.7

in Vietnam. And when I was actually standing at the port in Vietnam, that was like the day or the

2:17.0

day before the World Health Organization announced that there was a pandemic brewing in Wuhan.

2:23.2

And then I ended up following everything. And the pandemic as we as we all know has broken

2:31.6

supply chains globally and has caused shortages and inflation and chaos. And I'm sure that somehow

...

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