Merryn Somerset Webb speaks with Ed Conway, economics and data editor at Sky News and author of Trade World, about the vast and often invisible supply chains behind the things we buy. They discuss whether decades of globalisation have made economies more resilient or dangerously dependent, China’s manufacturing advantage and whether the UK and Europe can rebuild their industrial base without giving up the cheap goods consumers have come to expect.

Markets Wrap: Bessent's Big Bet, Bond Yields and the AI Bubble
27:11

Live From Fringe: What Adam Smith Can Teach Us About Debt and Power
47:50

Live From Fringe: What Adam Smith Would Say of Bond Market Turmoil
52:17