The Great Pause Was an Economic Revolution
Governments stopped the world in its tracks during the pandemic — and our relationship to the economy will never be the same again.
Foreign Policy,
2020
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The coronavirus pandemic has forced consumers and corporations alike to reconsider how the world economy works. Political scientist Bruno Macaes cogently argues that COVID-19 has revealed that the economy, long viewed as an autonomous entity impervious to external control, is more akin to a dynamic computer program, one that coders can continuously edit to achieve socioeconomic objectives. His thoughtful commentary offers a fresh perspective on post-pandemic economics.
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About the Author
Bruno Maçães is a senior nonresident fellow at the Hudson Institute. He was the Portuguese Europe Minister from 2013 to 2015.
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