Best Of In The Market: The Price of Panic

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For the first time in history, the world shut itself down—by choice—all for fear of a virus, COVID-19, that wasn’t well understood. The government, with the support of most Americans, ordered the closure of tens of thousands of small businesses—many never to return. Almost every school and college in the country sent its students home to finish the school year in front of a computer. Churches cancelled worship services. “Social distancing” went from a non-word to a moral obligation overnight. Moral preening on social media achieved ever new heights. The world will reopen and life will go on, but what kind of world will it be when it does? It can’t be what it was, because of what’s just happened. Join us to learn how a pandemic turned into a catastrophe.