Can America change?

International economist Jim O’Neill asks economists and historians if President Biden’s ambitions to ‘build back better’ - with a new focus on investing in human capital and addressing racial and financial inequalities - could result in fundamental changes to the characteristics of America’s economic system. Has the resilience that is critical to the DNA of America's economic system - its capacity to weather recurring financial storms and bounce back - survived Covid? (Photo: US President Joe Biden speaks as Vice President Kamala Harris (L) looks on at an event marking the day that families will get their first monthly Child Tax Credit relief payments through the American Rescue Plan. Credit: Alex Edelman/ EPA)