Feb 12, 2020Edoardo Campanella
considers the limits of nostalgia in a post-Brexit UK, proposes measures for supporting firms that are not on the technological frontier, and identifies what young people need from their governments.
Macron's manifesto, which was read all across the old continent, is proof that the EU is alive and well. This is the first time that a true transnational debate is animating Europe, laying down the foundations for the emergence of a genuine European polity. This was the end goal of the founding fathers of the European project. It was a long journey, but worthwhile. Even those parties that oppose Brussels are part of this debate and their criticism will inadvertently contribute to strengthen the Union, rather than weaken it. Democracies thrive in disagreement. What matters is that now pro and anti-EU forces find common grounds to have a constructive and open dialogue. Macron's piece is full of enlightened ideas that could appeal both factions.
Hi Stephen, your experience is very interesting. I do agree with you that in order to build more effective measures we need to bring together people with very different backgrounds. When it comes to place a monetary value to the "free" economy experts from high-tech sectors can provide important insights. Also philosophers should play a stronger role and be engaged in the debate, especially when it comes to build proper measures of well-being and happiness.
The sheer scale of the economic fallout from COVID-19 justifies extraordinary measures, and nowhere more so than in Europe. Rather than questioning one another's motives, EU member states urgently need to unite behind a joint plan to avert economic disaster.
Unlike a hurricane or earthquake, the coronavirus pandemic has caused no damage to physical capital stock. But firm-specific skills have no value when the firm that uses them goes out of business, which is one reason why US productivity, wages, and economic growth are likely to be affected for years to come.
Although the COVID-19 pandemic has been treated as though it were an unprecedented global catastrophe, we have been here before – many times. As two recent works of history show, pandemics are a recurring and ineradicable feature of human civilization.
The COVID-19 pandemic poses an unprecedented threat to both public health and the global economy. Only by ditching nationalist rhetoric and policies, and embracing stronger international cooperation, can governments protect the people they claim to represent.