Shoppers bought large amounts of flour at the start of the coronavirus pandemic. At a Migros supermarket in Stans on March 14, 2020 (Keystone / Urs Flueeler) During the coronavirus pandemic, panic buying has not been too problematic in Switzerland. But in previous global crises the Swiss tended to rush to the shops to stock up. Encouraged by the authorities, keeping emergency supplies remains a well-ingrained tradition for Swiss citizens. A week after the First World...
Read More »Thomas Schelling
In the Washington Post, Henry Farrell writes about Schelling’s work and how it shaped the Cold War. Schelling’s contribution was to show how the two sides could think systematically about coordinating (where they had common interests) and deterring each other from unwanted actions (where they did not). This arguably gave rise to a much more stable world — the world of the Cold War — where both sides struggled with each other for dominance, but tacitly agreed on some of the rules of the...
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