Law & Liberty
•77% Informative
Peter S. Goodman is the global economics correspondent for the New York Times .
David Frum : How the World Ran Out of Everything is full of valuable anecdotes, descriptions, and stories about global supply chains.
He says the book is about the unseen, and that's the dimension in which economics adds value.
Frum says journalists are more prone to diagnose failure than to marvel at success.
David Frum : Despite pandemic disruptions, Americans consumed more goods than they did before.
He says global supply chain that Goodman portrays as fragile and brittle was able to deliver more goods to Americans .
Frum says nobody is in charge of global supply chains; price system allocates resources to make it possible.
He praises the union that represents dockworkers on the West Coast , he says.
Goodman acknowledges the problems the union creates for truck drivers, by keeping the ports slow and forcing them to waste time and fuel idling in lines while waiting to be loaded.
But having productivity and modernization at America ’s largest port complex held back by one union harms unseen millions of American workers through slower delivery times and higher prices.
VR Score
80
Informative language
79
Neutral language
34
Article tone
informal
Language
English
Language complexity
49
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
13
Source diversity
7
Affiliate links
no affiliate links