[I]t's up to societies... especially the citizens to demand these things, to create systems that will... not only enable the country to deal with the… - Ha-Joon Chang

Another important change is that some of the key tenets of neoliberalism have been undermined by this crisis... [F]irst... this view that the less state there is the better... has been totally exposed, as countries that have had their government intervening, oddly to test, trace and isolate the infected people, such as South Korea, New Zealand, Denmark, Vietnam... have minimized the spread of disease... [I]n Vietnam officially the death toll from Covid-19 is zero. ...[E]ven if you do not believe that... number it is very very low. In contrast the UK, the US, Brazil, countries that have refused to take quick public action, trying to believe that the greater ... the better... have had to... go into severe lockdown, and despite that, have produced a huge number of infected people and death.

ECONOMICS COCKTAILS. Ingredients: Austrian, Behaviouralist, Classical, Developmentalist, Institutionalist, Keynesian, Marxist, Neoclassical and Schumpeterian. [...] Health warning: On no account drink only one ingredient – liable to lead to tunnel vision, arrogance and possibly brain death.

Contrary to the conventional wisdom, the historical fact is that the rich countries did not develop on the basis of the policies and the institutions that they now recommend to, and often force upon, the developing countries. Unfortunately, this fact is little known these days because the 'official historians' of capitalism have been very successful in re-writing its history.