samedi 28 mars 2020

Context

There isn't much of a market for preparing for a virus that doesn't exist... until it's tearing the market apart.

Confusing a current price tag with value is myopic.

Confusing business viability with purpose is dangerous.

Some people want government to do little more than serve business.

What's forgotten is that government outlines markets. Without rules of property and exchange and institutions for policing them, there would be no marketplace. There would be a barter mixed with a brawl.