How the pandemic could globalize the economy even more — not less8 Nov 2020 14:57
A Q&A session with an economic historian [Harold James]:
https://knowablemagazine.org/article/society/2020/will-covid-19-end-globalization
2 paragraphs I found interesting:
"I’ll be watching the move away from big cities and the application of technology to education and to medicine. If people are paying less for these essential services, they’ll have more disposable income and new opportunities, and you could get something like the plague effect — increased purchasing power that makes people feel better off."
"The 2008 crisis was a powerful driver of nationalism and populism. But most populist governments haven’t done well in handling the Covid crisis. Some elements of the populist mélange are mistrust of experts, making hasty gut decisions and jumping from one thing to another thing. Their policies are usually inconsistent. Competent governments like Germany’s, on the other hand, have handled this crisis quite well, which makes populist complaints about those governments look invalid.
So I think Covid will tamp down populism. The steam was going out of the movement anyway."