Will the Coronavirus End Globalization as We Know It? – with Abraham Newman

The new coronavirus is shaping up to be an enormous stress test for globalization. As critical supply chains break down, and nations hoard medical supplies and rush to limit travel, the crisis is forcing a major reevaluation of the interconnected global economy. Not only has globalization allowed for the rapid spread of contagious disease but it has fostered deep interdependence between firms and nations that makes them more vulnerable to unexpected shocks. Now, firms and nations alike are discovering just how vulnerable they are.

But the lesson of the new coronavirus is not that globalization failed. The lesson is that

Henry Farrell and Abraham Newman, “Will the Coronavirus End Globalization as We Know It?,” Foreign Affairs (online), March 16, 2020.

Access the full article here.

Other Writing:

Essay

Defending Democratic Mechanisms and Institutions against Disinformation Attacks – with Bruce Schneier

To better understand influence attacks, we proposed an approach that models democracy itself as an information system and explains how democracies are vulnerable to certain forms of information attacks that autocracies naturally resist. Our model combines ideas from both international security and computer security, avoiding the limitations of both in explaining how influence attacks may ...
Read Article
Essay

Saving Democratic Institutions from Corrupting Markets

Brink Lindsey and Steven Teles’ essay – and the book that lies behind it – are part of a broader liberaltarian challenge. Liberaltarianism, as I understand it, looks to use classical liberalism as a set of foundations for a very different understanding of market and state than libertarianism. Rather than starting from the market order ...
Read Article