It sounds like a good idea, but won’t actually work in practice for most goods. Supply chain resilience is minimal, the demand would be near-global, rather than local and possible to fulfill via redicrecting supplies, and forecasting of supplies and just-in-time production requires far more warning than the current crisis allows for most goods. It’s not like there is tons of excess goods or farm capacity just sitting around to be used when demand suddenly jumps—and the dynamics in these systems can be messy.
It seems to me that it doesn’t have to work for most goods. People can make do with eg. beans and rice for a while until things settle down. Would the government be able to distribute big bags of beans and rice to people?
It sounds like a good idea, but won’t actually work in practice for most goods. Supply chain resilience is minimal, the demand would be near-global, rather than local and possible to fulfill via redicrecting supplies, and forecasting of supplies and just-in-time production requires far more warning than the current crisis allows for most goods. It’s not like there is tons of excess goods or farm capacity just sitting around to be used when demand suddenly jumps—and the dynamics in these systems can be messy.
It seems to me that it doesn’t have to work for most goods. People can make do with eg. beans and rice for a while until things settle down. Would the government be able to distribute big bags of beans and rice to people?