It occurs to me that the last few Coronavirus months have been a grand natural experiment in "planning" versus "spontaneous order."
And, it seems reasonable to conclude, that, thus far, "spontaneous order" is getting its ass kicked.
And, it seems reasonable to conclude, that, thus far, "spontaneous order" is getting its ass kicked.
The "free market" approach to dealing with Coronavirus heralded by the chief economist from ALEC on March 30 has not aged well. https://thehill.com/opinion/finance/490212-a-free-market-approach-to-reviving-the-economy-amid-covid-19-distress">https://thehill.com/opinion/f...
Similarly, this critique of a "one-size-fits-all" approach from May 1 was premature. https://nypost.com/2020/05/01/one-size-fits-all-doesnt-work-for-reopening-america-amid-coronavirus/">https://nypost.com/2020/05/0...
And maybe the White House was wrong on March 23rd when discussing the problem with "implementing an inefficient government-run program." https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-committed-supporting-small-businesses-impacted-coronavirus/">https://www.whitehouse.gov/briefings...
The COVID-19 crisis has shown that the "spontaneous cooperation" that George Will celebrated in 2019 has its limits during a time of public health pandemic and economic crisis.
I highly recommend this excellent piece by @JakeAnbinder: "The history of the planning state and its dismantlement is today more relevant than ever, as we continue to endure the deadliest American pandemic in a century." https://democracyjournal.org/magazine/the-post-planning-pandemic/">https://democracyjournal.org/magazine/...