A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua
A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua
S. George Marano
Opinion

Opinion

Macroscope by S. George Marano

Lessons from coronavirus pandemic will show that our economic models are deeply flawed

  • The Ricardian theory of comparative advantage, neoliberalism and location economics encouraged the outsourcing model and the pursuit of profit at the expense of attention to risk
  • Possible shortages in vital commodities, such as medicine, during the coronavirus pandemic call these policies into question

A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua
A staff member arranges masks at a medical equipment company in Suining, in southwest China’s Sichuan province, on March 6. China has stepped up the production of masks amid a global shortage. Photo: Xinhua
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