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
Recommendation
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.
Summary
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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