Medicines are unusual commodities. Important drugs can save the lives and protect the health of millions. Their consumption can bring huge benefits, by helping patients to avoid infection and preventing serious damage to the economies of families, nations and even humanity at large.
That’s true but I think the contemporary problem that we are facing increasing numbers of black people and other people of color being thrown into a status that involves work in alternative economies and increasing numbers of people who are incarcerated.
Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers.
The challenge to our national economies and the collective economy of Europe will become – with the growth of China and the continuing productivity growth of the US – even more intense in the decades to come.