Being globally interconnected catalysed the pandemic but could also be how we’ll get the better of it We frequently attribute our current levels of global prosperity to the interconnectedness of the modern economy.
Much has been written about the power of global supply chains and the emergent order that keeps our economy chugging along without active intervention.
Leonard Read, in his seminal essay I, Pencil, evocatively described the complex, international inter-dependencies that go into manufacturing something as mundane as a lead pencil.
Russ Roberts’ poem, It’s A Wonderful Loaf laid bare the inner workings of the modern market economy, pointing out how all the activities that go into getting food onto our table take place emergently