By Scott Sumner
Bloomberg has a very good article on the deteriorating global situation, but they gave it the wrong headline:
Pandemic Shatters World Order, Sowing Anger and Mistrust
Here’s how the headline should read:
Nationalism Shatters World Order, Sowing Anger and Mistrust
Every time I read an intellectual defending nationalism I think to myself; “Have these people not studied history?” Haven’t we been here before?