Shutdown: How Covid Shook the World’s Economy — How a Virus Exposed the Global System
Covid-19 did more than trigger a recession. It exposed how deeply economic activity depends on public health, social behavior, financial stability, political institutions, and global networks.
Welcome to Crisis in Perception, where we examine the systems shaping our world.
Using Shutdown: How Covid Shook the World’s Economy by Adam Tooze as our lens, this episode investigates the historically unusual economic shock of 2020 and Tooze’s important distinction between “lockdown” and “shutdown.”
The familiar story emphasizes government restrictions. Tooze traces a more distributed process…
The skinny
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