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Why this Shortage of Personal Protective Equipment?
Yes, healthcare is much more important than fast food, which is exactly why we need to deregulate it and do so now before COVID-20, or some other contagious calamity, strikes.
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Florida Cracks Down on “Price Gouging” at the Worst-Possible Time
Products unavailable for sale at ‘normal’ prices are not actually for sale; they are utterly unobtainable – which means that their prices then are infinite.
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We All Depend on the Kindness of Strangers
Again, these are strange and frightening times. I want things to get back to “normal,” or at least as close to normal as they can get, as soon as possible. Until they do, though, I will remain grateful for the strangers who are helping me weather this particular storm.
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Burner Cards and Financial Privacy
The growing demand for virtual cards also serves as a good reminder that the ability to exert control over one’s personal information when making transactions isn’t just a feature that drug dealers want. Regular folks operating in the above-ground economy demand a degree of privacy, as well.
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A Classical Economic Response to the Coronavirus Recession
If ever there has been a downturn that cannot in any way be explained as a fall in demand it is the forced closures that have followed the coronavirus panic. The downturn is entirely structural in nature, even if, as is the usual case, the problem has been driven by government actions and decisions.
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Job Losses Show Unprecedented Surge
The unprecedented economic impact of the COVID-19 outbreak is hitting economic statistics.
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