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How did the globalisation drive begin, and how has it impacted our economy?That's what David J Lynch's new book, ‘The World's Worst Bet' aims to explore.Lynch is a Global Economics correspondent for the Washington Post, and his latest book examines how the United States' ambitious plans after the Cold War have led to interdependence and a precarious global economy.He joins Seán to discuss.
How did the globalisation drive begin, and how has it impacted our economy?That's what David J Lynch's new book, ‘The World's Worst Bet' aims to explore.Lynch is a Global Economics correspondent for the Washington Post, and his latest book examines how the United States' ambitious plans after the Cold War have led to interdependence and a precarious global economy.He joins Seán to discuss.
President Donald Trump spent several days this week in Asia, dining with world leaders and hammering out the details of trade agreements. The visit culminated with a face-to-face meeting with Chinese leader Xi Jinping. While both sides agreed to back off of their most aggressive trade positions, the visit was overshadowed by Trump's directive that the United States would resume nuclear weapons testing.Back at home, the federal government shutdown has created a cliff for SNAP, formerly known as food stamps, which 42 million Americans rely on for food assistance. With that benefit slated to run out at the end of October, how are Democrats and Republicans in Congress reacting?Host Elahe Izadi speaks with White House economic policy correspondent Jacob Bogage and David J. Lynch, who covers trade for The Post. You can purchase David's latest book, “The World's Worst Bet: How the Globalization Gamble Went Wrong (and What Would Make It Right),” here.Today's show was produced by Laura Benshoff and Josh Carroll. It was edited by Reena Flores and mixed by Sean Carter. Subscribe to The Washington Post here. And watch us on YouTube here.
Since the coronavirus pandemic, the United States economy has been in flux. While high inflation has slowly cooled off in recent years, consumers are still feeling the pressures of a weak job market and rising prices at the grocery store. Now the Federal Reserve looks to be taking matters into its own hands; Fed watchers expect the United States' central bank to cut interest rates tomorrow. A cut could make it easier for consumers and businesses looking to borrow money and purchase goods. President Donald Trump has also been pressuring the Fed to cut rates for months.Washington Post financial writer David J. Lynch joins “Post Reports” to discuss the economic headwinds that the Federal Reserve is attempting to weather by cutting interest rates and how this is connected to Trump's efforts to revitalize American manufacturing. You can find David's new book, “The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right),” here.Today's show was produced by Laura Benshoff with help from Lucas Trevor. It was mixed by Sam Bair. And edited by Ariel Plotnick. Thanks to Jen Liberto.Subscribe to The Washington Post here.
James and Al dissect the potential of a government shutdown, weigh its political effects on our economy and politics, and call out the partisanship of the SCOTUS in the wake of Trump's multiple appointees. Then, they welcome WaPo's David Lynch to break down the pernicious effects of globalization, why it was a good idea, and why it is currently failing our people. They also explore possible solutions to the decline of manufacturing, emphasize the importance of job training, and look at the role that a new government led by the Democratic Party could pursue to restore hope and jobs while strengthening our international relationships. This episode was recorded before the events at Utah Valley University. Email your questions to James and Al at politicswarroom@gmail.com or tweet them to @politicon. Make sure to include your city– we love to hear where you're from! Watch Politics War Room & James Carville Explains on YouTube @PoliticsWarRoomOfficial More from James and Al: Get text updates from Politics War Room and Politicon. Watch Politics War Room & James Carville Explains on YouTube @PoliticsWarRoomOfficial James Carville & Al Hunt have launched the Politics War Room Substack Get updates and some great behind-the-scenes content from the documentary CARVILLE: WINNING IS EVERYTHING, STUPID by following James on X @jamescarville and his new TikTok @realjamescarville Check Out Andrew Zucker's New Politicon Podcast: The Golden Age Get More From This Week's Guest: David J. Lynch: Twitter | WaPo | National Press Foundation | Author Please Support Our Sponsors: Naked Wines: To get 6 bottles of wine for $39.99, head to nakedwines.com/warroom and use code WARROOM for both the code and password. Zbiotics: Get back into action after a night out with 15% off your first order of Zbiotics when you go to zbiotics.com/pwr and use code: PWR
Washington Post Global Economics Correspondent David J. Lynch joins Ben & Bob for a discussion about his new book The World's Worst Bet: How the Globalization Gamble Went Wrong (and What Would Make it Right) (Public Affairs, 2025). David has a unique perspective on globalization; first as a journalist who has spent the last four decades covering the global economy for some of America's most influential media outlets, and now as an analyst of how the optimism of the 1990s turned to the pessimism of today. If you enjoy this episode, make sure to check our conversation with Joe Lockhart in episode #344. This episode was edited by Gary Fletcher.
The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans. Lynch brings a deep understanding of the forces affecting Americans' lives to his portrayal of a fascinating cast of characters: presidents and policymakers; factory workers whose anger over lost jobs reshaped a nation's politics; and the anti-globalization warriors of the right and left. Their stories show how the United States made a bad bet on globalization, gambling that it could enjoy its benefits while ignoring its costs: dislocated workers, vulnerable supply chains, and the rise of a powerful rival. With trillions of dollars now at stake, The World's Worst Bet explains the failings of the past and offers an insightful guide to the opportunities of the future. David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans. Lynch brings a deep understanding of the forces affecting Americans' lives to his portrayal of a fascinating cast of characters: presidents and policymakers; factory workers whose anger over lost jobs reshaped a nation's politics; and the anti-globalization warriors of the right and left. Their stories show how the United States made a bad bet on globalization, gambling that it could enjoy its benefits while ignoring its costs: dislocated workers, vulnerable supply chains, and the rise of a powerful rival. With trillions of dollars now at stake, The World's Worst Bet explains the failings of the past and offers an insightful guide to the opportunities of the future. David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans. Lynch brings a deep understanding of the forces affecting Americans' lives to his portrayal of a fascinating cast of characters: presidents and policymakers; factory workers whose anger over lost jobs reshaped a nation's politics; and the anti-globalization warriors of the right and left. Their stories show how the United States made a bad bet on globalization, gambling that it could enjoy its benefits while ignoring its costs: dislocated workers, vulnerable supply chains, and the rise of a powerful rival. With trillions of dollars now at stake, The World's Worst Bet explains the failings of the past and offers an insightful guide to the opportunities of the future. David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans. Lynch brings a deep understanding of the forces affecting Americans' lives to his portrayal of a fascinating cast of characters: presidents and policymakers; factory workers whose anger over lost jobs reshaped a nation's politics; and the anti-globalization warriors of the right and left. Their stories show how the United States made a bad bet on globalization, gambling that it could enjoy its benefits while ignoring its costs: dislocated workers, vulnerable supply chains, and the rise of a powerful rival. With trillions of dollars now at stake, The World's Worst Bet explains the failings of the past and offers an insightful guide to the opportunities of the future. David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
The triumphant globalization that began in the 1990s has given way to a world riven by conflict, populism, and economic nationalism. In The World's Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right), (PublicAffairs, 2025) David J. Lynch offers a trenchant, fast-paced narrative of the rise and fall of the greatest engine of prosperity the world has ever known. Lynch explains what went right, what went wrong, and what needs to change to preserve the benefits of global integration and to build prosperity for all Americans. Lynch brings a deep understanding of the forces affecting Americans' lives to his portrayal of a fascinating cast of characters: presidents and policymakers; factory workers whose anger over lost jobs reshaped a nation's politics; and the anti-globalization warriors of the right and left. Their stories show how the United States made a bad bet on globalization, gambling that it could enjoy its benefits while ignoring its costs: dislocated workers, vulnerable supply chains, and the rise of a powerful rival. With trillions of dollars now at stake, The World's Worst Bet explains the failings of the past and offers an insightful guide to the opportunities of the future. David J. Lynch is the global economics correspondent of the Washington Post. The recipient of the National Press Foundation's Hinrich Award for Distinguished Reporting on Trade in 2021, Lynch has reported from more than sixty countries for the Post and earlier in his career with the Financial Times of London, Bloomberg News, and USA Today. Learn more about your ad choices. Visit megaphone.fm/adchoices
Dumb globalization: America's worst bet. That, at least, is the view of the Washington Post financial writer David J Lynch and author of The World's Worst Bet. From Clinton to Bush, Lynch argues, America has bet stupidly on globalization and, not surprisingly, has lost. It's no coincidence, he suggests, that the American dream has also unraveled in this tumultuous period. While globalization lifted billions from poverty worldwide and enriched coastal elites, Lynch contends that America's failure to help displaced manufacturing workers created the resentment that ultimately put Trump in the White House. The promised assistance to globalization's losers never materialized, leaving entire communities devastated by both catastrophic job losses and the equal catastrophe to tens of million Americans of the 2008 financial crisis. So what to do? Lynch argues that both Trump's tariffs and Biden's industrial policy are fighting yesterday's battles. Instead, America needs robust labor market policies—wage insurance, place-based economic development, and real safety nets for workers displaced by trade, automation, or AI. The missing piece has always been helping people transition, not futile attempts to resurrect lost manufacturing jobs. Smart globalization: America's best bet. 1. The Unappreciated Gamble America bet it could reap all of globalization's benefits without addressing its costs. Politicians from Clinton onward promised help for displaced workers that never materialized, while prioritizing balanced budgets, wars, and bank bailouts over struggling communities.2. The Obama-to-Trump Pipeline is Real Counties that voted for Obama by 59% flipped to Trump by 56%. These voters saw both as outsiders promising change. When "hope and change" failed to deliver, they turned to "Make America Great Again" - two sides of the same anti-establishment coin.3. We're Going Backwards, Not Forward U.S. tariffs are now at their highest level since the 1930s. Both Trump's tariffs and Biden's industrial policy are fighting yesterday's battles, trying to resurrect manufacturing jobs that economists agree won't return at any reasonable cost.4. The Financial Crisis Was the Breaking Point The 2008 crash wasn't just another recession - it was the second devastating blow to communities already reeling from job losses. Watching banks get bailed out while losing their homes cemented the perception that the system was rigged.5. AI Makes This Urgent The next wave of displacement won't hit factory workers - it'll hit the coastal elites. Doctors, lawyers, and knowledge workers face AI disruption, possibly creating the political will for the safety nets America should have built decades ago.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
During Washington Post Live's 'Post Next: Manufacturing' event on Thursday, May 15, 2025, The Post's David J. Lynch spoke with Barbara Humpton, president and CEO of Siemens Corporation about the future of manufacturing and how AI could bring about what she calls the "fourth industrial revolution." Event sponsored by Samsung.
Last year, a Japanese steel corporation proposed a deal that made many steel investors very excited. Nippon Steel would buy an iconic US Steel Corporation for $15 billion dollars. But while investors cheered, political opposition to the deal grew, with many vocal critics decrying the deal as a possible threat to US supply chains and national security. Should foreign companies be allowed to purchase U.S. companies, in industries like steel? How nationalist should our economy be, and what is President Biden's vision for our country's economic future? Boyd welcome columnist David J. Lynch to shed light on the issue.
Washington Post global economics correspondent David J. Lynch speaks with Constellation Energy Corporation CEO Joe Dominguez about the developing sources of clean energy and the latest advances in technology. Conversation recorded on Monday, August 7, 2023.
Washington Post global economics correspondent David J. Lynch speaks with Robert B. Zoellick, former World Bank president and deputy secretary of state, about new aid from the United States for Ukraine's economic recovery, calls to use Russian assets to fund Ukraine's rebuilding and the U.S. relationship with China. Conversation recorded on Tuesday, June 27, 2023. Correction: An earlier version of this interview misidentified a viewer's name in an audience question. We regret the error. That section of the conversation has been removed.
Washington Post global economics correspondent David J. Lynch speaks with economist Keyu Jin about her new book, “The New China Playbook: Beyond Socialism and Capitalism,” that argues for a new economic framework for China and challenges popular myths about the country's growth.
Washington Post global economics correspondent David J. Lynch speaks with Chris Miller, author of “Chip War,” and Rep. Seth Moulton (D-Mass.) for conversations about investments from the public and private sectors to strengthen American infrastructure, manufacturing and economic competitiveness. Conversation recorded on Tuesday, April 18, 2023.
Washington Post global economics correspondent David J. Lynch speaks with Gary Cohn, former director of the National Economic Council and former president of Goldman Sachs, about the state of the global banking system, the Fed's latest interest rate hike and the U.S. economy. Conversation recorded on Thursday, March 30, 2023.
Washington Post global economics correspondent David J. Lynch speaks with Energy Secretary Jennifer Granholm and Ohio Gov. Mike DeWine in back-to-back conversations about the impacts of the Inflation Reduction Act and the Chips and Science Act, the state of U.S. industrial policy and American competitiveness worldwide. Conversations recorded on Monday, March 20, 2023.
On Washington Post Live's “First Look,” associate editor Jonathan Capehart speaks with The Post's David J. Lynch, George F. Will and Eugene Robinson about the collapse of Silicon Valley Bank, the Russian assault of a U.S. drone and a rift among GOP presidential hopefuls on Ukraine.
On Washington Post Live's “First Look,” associate editor Jonathan Capehart speaks with The Post's David J. Lynch, George F. Will and Eugene Robinson about the collapse of Silicon Valley Bank, the Russian assault of a U.S. drone and a rift among GOP presidential hopefuls on Ukraine.
Washington Post global economics correspondent David J. Lynch speaks with Transportation Secretary Pete Buttigieg and United Airlines CEO Scott Kirby to discuss the current state of the aviation industry and what the future holds. Conversation recorded on Tuesday, Oct. 18, 2022.
Washington Post global economics correspondent David J. Lynch speaks with Rep. Ro Khanna (D-Calif.) and MIT President L. Rafael Reif about the state of American innovation, the drivers of economic competitiveness and preparing the workforce for the jobs of the future. Conversation recorded on Tuesday, Oct. 11, 2022.
Washington Post global economics correspondent David J. Lynch speaks with Raphael W. Bostic, president and CEO of the Federal Reserve Bank of Atlanta, about the causes and impact of such persistent economic inequality. Conversation recorded on Monday, Sept. 26, 2022.
Washington Post global economics correspondent David J. Lynch speaks with Loretta J. Mester, president of the Federal Reserve Bank of Cleveland, to discuss the Fed's plan to tamp down on inflation and the concerns that it could induce a recession. Conversation recorded on Tuesday, August 2, 2022.
What's causing the supply chain crisis and what can be done about it? Rick speaks with The Washington Post's global economics correspondent, David J. Lynch.
Emily, John and David discuss Steve Bannon's contempt of Congress, supply chain woes, and Americans pro-actively leaving their jobs. Here are some notes and references from this week's show: Jordan Weissmann for Slate: “The Absolute Simplest Explanation for America's Supply Chain Woes” David J. Lynch for The Washington Post: “Inside America's Broken Supply Chain” Derek Thompson for The Atlantic: “The Great Resignation Is Accelerating” Matt Bruenig for The People's Policy Project: “Democratic Child Care Plan Will Spike Prices for the Middle Class by $13,000” The Unknowns, by Gabriel Roth Tonja Jacobi and Dylan Schweers for The Harvard Business Review: “Female Supreme Court Justices Are Interrupted More by Male Justices and Advocates” Kate Murphy for The New York Times: “You're Not Listening. Here's Why” Deborah Tannen for The New York Times: “In Real Life, Not All Interruptions Are Rude” Elan Morgan for Medium: “99% Invisible Podcast's Brilliant Response to Criticism of Women's Voices” Here's this week's chatter: Emily: Paul Shechtman for The New York Law Journal: “Understanding the Significance of Supreme Court Cert in ‘Shinn v. Jones'” David: Hetty McKinnon for the New York Times: “Sook Mei Faan (Cantonese Creamed Corn With Tofu and Rice)” John: “One Hour to Think,” in On Democracy, by E.B. White; Vera Listener chatter from Adrian Monthony: Twitter thread on the strange story of an abandoned airplane by Chris Croy @ChrisCroy; Harish Pullanoor for Quartz: “The Crazy Story Behind a Rickety Boeing 720 Parked at an Indian Airport For 24 Years” For this week's Slate Plus bonus segment John, Emily, and David discuss the data provided by listener Lindsay Lee about which host does the most interrupting on the Political Gabfest. Check out Lee's blog post here. Go to Slate.com/gabfestplus to become a slate plus member today! Tweet us your questions and chatters @SlateGabfest or email us at gabfest@slate.com. (Messages may be quoted by name unless the writer stipulates otherwise.) Podcast production by Jocelyn Frank. Research and show notes by Bridgette Dunlap. Learn more about your ad choices. Visit megaphone.fm/adchoices
The commercial pipeline is clogged. Every year, this supply chain brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the United States. And right now, no one knows how to unclog it. Read more:For months, consumers have confronted shortages of goods such as clothing, toys, groceries and cars. And those shortages aren't going away any time soon. Reporter David J. Lynch visited the shipyards of Southern California – where giant container ships are waiting up to two weeks to unload their berth – and several of the country's crammed rail yards and warehouses to figure out what's clogging the global supply chain. If you value the journalism you hear in this podcast, please subscribe to The Washington Post. We have a deal for our listeners – one year of unlimited access to everything The Post publishes for just $29. To sign up, go to washingtonpost.com/subscribe.
Hour Four of A&G includes the latest on the Don & Nancy drama, throughts on the new Rocketman movie, David J. Lynch on the Trade War & tech, Marshall's headlines and reax on the trans weightlifter
Hour Four of A&G includes the latest on the Don & Nancy drama, throughts on the new Rocketman movie, David J. Lynch on the Trade War & tech, Marshall's headlines and reax on the trans weightlifter
Hi! This is Lexie of Read by AI. I read human-curated content for you to listen during work, exercise, your commute, or any other time. Without further ado: Trump White House presses threat to close U.S.-Mexico border this week by David J. Lynch from the Washington Post. The White House doubled down Sunday on President […]
Amid escalating tensions and stalled talks between the U.S. and China, financial reporter David J. Lynch and Beijing Bureau Chief Anna Fifield explain what's at stake for Trump, the two countries and the global economy.
David J. Lynch -- Global Economics Correspondent -- The WASHINGTON POST, talks to WDEL's Allan Loudell from