FROM OUR OBSESSION Global Economic Disruptions Globalization, automation, and inequality. At the beginning of July, the US government’s Biomedical Advanced Research and Development Authority (BARDA) gave $354 million to a drug company to fight the pandemic. Its other big investments, which by now have topped a few billion, have gone to established American […]

FROM OUR OBSESSION Global Economic Disruptions Globalization, automation, and inequality. With people staying home and whole industries shut down due to the Covid-19 pandemic there is significantly less commerce than there used to be. Definitionally, this means that the sum of all of that commerce—known as GDP—has declined. Analysts and […]