Peter S. Goodman

 
 

Peter S. Goodman is the executive business editor of the Huffington Post, where he supervises business, economic and technology coverage. He writes frequently about the upending of basic economic security for ordinary Americans and the search for new sources of quality jobs. He is represented by the Washington Speakers Bureau and regularly appears on national television programs such as MSNBC’s Morning Joe.


Goodman joined the Huffington Post in the fall of 2010, after two decades in traditional newspaper journalism, most recently as the national economic correspondent for the New York Times, where he played a leading role in the paper’s award-winning coverage of the 2008 financial crisis and the Great Recession. Prior to that, he spent a decade at the Washington Post as a foreign correspondent and a financial writer.


Goodman is the author of PAST DUE: The End of Easy Money and the Renewal of the American Economy (Times Books, 2009), which draws on more than a decade’s reporting to trace the origins of the breakdown in American economic life while exploring ways to reinvigorate the economy. The book was selected as an Editor’s Choice title by the New York Times Book Review and as one of Bloomberg’s Top 50 Business Books.


Goodman grew up in New York City and graduated from Reed College in 1989. He began his newspaper career as a feature writer in Kyoto, Japan for the English language-Japan Times, then spent three years freelancing from Southeast Asia for several newspapers, among them the Los Angeles Times, Dallas Morning News, Miami Herald and London’s Daily Telegraph. Returning to the United States in 1993, Goodman worked as a Metro reporter for the Anchorage Daily News in Alaska, where he covered the Wasilla City Council and a then-unknown member of the body known as Sarah Palin.


After a year at the University of California, Berkeley—where Goodman gained a Master’s in Asian Studies—he joined the Washington Post as Metro reporter in the summer of 1997. By 1999, he was the newspaper’s telecommunications reporter, giving him a front row seat for the emergence of the Internet as a force in commerce, culture and ordinary life.


Goodman spent five years in Shanghai as the Post’s Asian economic correspondent, traveling widely around Asia as well as Europe, the Middle East and Africa, including a reporting stint in Iraq. He explored China’s hybrid form of capitalism—the swift emergence of the private sector simultaneous with the growing stature of well-protected state companies. He chronicled the travails of migrant workers leaving hinterland villages behind for jobs in coastal factory towns and he probed China’s endemic corruption. He explored the implications of China’s growing commercial might on the global economy, traveling to Australia to examine how China’s demand for commodities was altering the global shipping trade; to Sudan for a look at China’s investment in the oil patch; to Hungary for a story on China’s establishment of new factories inside the Euro zone.


In 2006, Goodman shifted to the Post’s New York bureau, where he served as the newspaper’s international economics correspondent, covering the forced departure of Paul Wolfowitz from the presidency of the World Bank.


Goodman joined the New York Times in the fall of 2007, just in time to chronicle the deepest recession since the Great Depression. He played a key role in the newspaper’s series probing the roots of the financial crisis, The Reckoning, which was a finalist for the Pulitzer Prize and garnered a Loeb award. He traveled widely, from south Florida to Portland, Oregon, specializing in stories that connected events on Wall Street and Washington to the everyday struggles of ordinary Americans.


Goodman has won numerous awards, including a citation for the Overseas Press Club for stories examining China’s hybrid form of state-dominated capitalism. He was part of a team of Washington Post writers that won the 2005 American Society of Newspaper Editors’ Jesse Laventhol prize for best deadline reporting for coverage of the Indian Ocean tsunami, which Goodman reported from Indonesia, India, Sri Lanka and Thailand. Goodman won the 2005 Hugo Shong Award, for best American newspaper coverage from Asia, conferred by Boston University’s School of Communications.


Goodman lives in Prospect Heights, Brooklyn with his wife, the novelist Deanna Fei.

 

PRAISE FOR PAST DUE:


A gripping tale of the current financial crisis and severe recession.

—Nouriel Roubini


A compelling and insightful read from one of the best economic correspondents in the country.

—Joseph E. Stiglitz


An authoritative account of events leading up to the current recession... A must-read.

—Kirkus Reviews


Peter S. Goodman is a reporter’s reporter—relentless, skeptical, fair, energetic, and eager to see things for himself. PAST DUE is a timely, deeply reported, and clarifying book.

—Steve Coll


Goodman, a fair-minded reporter and a clear writer...performs a tremendous service by showing how the context of market manias changes but the essential content remains the same.

—The New York Times Book Review


A richly reported look at how Americans became profligate borrowers partly because the U.S. economy isn’t creating enough good jobs.

—Bloomberg.com (Named one of Bloomberg’s “Top 50 Business Books”)


America’s economic crisis has prompted much hand-wringing and recrimination but few clear-eyed, accessible examinations of the underlying problems. Goodman’s persuasive book is such an examination—and a captivating story to boot.

—Jacob S. Hacker