From the New World cover image

Arnold Kling: How Economics Starts with Specialization

From the New World

00:00

The Relationship Between Interdependencies and Geopolitical Events

There were going to two arguments historically, right? One was that, you know, two countries within McDonald's never had a war with each other. But it held up for a surprising amount of time, at least to me. And the other argument was kind of that these interdependencies actually just created a much more fragile system. So I think we've probably ended up with it being on the fragile side, but probably less fragile than people think.

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