Physical shocks are shrinking the power of money

As pandemics, wars and ⁠trade standoffs shake ​the world, JW ​Mason and Arjun Jayadev argue in “Against Money” ​that a deeper ​belief is crumbling: that ‌economies ⁠can be measured by adding up money. The change ​can ​reshape ⁠how countries manage inequality, ​pensions and supply ​chains.

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