9min chapter

Odd Lots cover image

How the White House Thinks About Economic Security

Odd Lots

CHAPTER

Scarcity and Strategic Economics

This chapter examines the repercussions of scarcity in the modern economy, tracing historical forecasts that failed to anticipate significant disruptions. Key discussions highlight the COVID-19 pandemic's impact on essential goods, the evolving role of industrial policy in supply chain management, and the intricate link between economic and national security amid rising geopolitical tensions.

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