Going Direct Conversations

#8 Kathryn Judge: Rise Of The Middleman Economy


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Description:

Kate Judge is a Professor of Law at Columbia Law School focused on banking, financial innovation, and financial crises. She is the author of Direct: The Rise of the Middleman Economy and the Power of Going to the Source - where she explores the increasing power of middlemen across our economy.


  • Read more about Kate here - https://kathrynjudge.com/
  • More information on her book here - https://kathrynjudge.com/books/direct


Chapters:

00:00 - Introduction

03:15 - How We Ended Up With A Middleman-Dominated Economy

05:20 - Fragility Of Supply Chains

08:35 - Benefits Of Going Direct And How It Affects Our Daily Happiness

11:45 - How America Has Largely Lost the Culture Around Direct Exchange

13:20- Public’s Reaction To Kate’s Book

18:50 - Importance of Understanding Market Forces And How It Affects Local Economies

22:18 - Discussing The De Minimis Tax Loophole

24:32 - New Administration And Future of U.S. Manufacturing & Supply Chains

30:22 - How e-commerce Fell Short With Removing Intermediaries

35:45 - Consumer Demand For Going Direct

39:41 - First Steps In Building New Systems To Increase Direct Exchange

42:48 - Broken Food System In America

45:50 - 2008 Financial Crisis And How Incentive Structures Are Not Aligned With Protecting Consumers

49:00 - Importance Of Understanding Finance

52:40 - Things For The Average Family Are Going To Get Worse Before They Get Better

54:30 - Changing The System Will Require A Collective Effort

56:00 - Scaling Beyond Limits Of The Direct-to-Consumer Model

1:00:45 - European Corporate Governance Institute

1:02:50 - Closing

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