by Joakim Book
The American Institute for Economic Research
Early in the pandemic I advised readers to zone out, take a break, and read fiction and other works of art that have stood the test of time. There’s only so much crazy we can deal with and there’s only so much mental benefits to be had from intensively monitoring a pile of political trash.
Over a long enough time frame, the madness of 2020 will fade. However awful the damage is now and however many people’s lives are ruined by asinine government policies, the world will recover. Poverty will resume its downward stroll; Capitalism will provide.
Or will it?
I have degrees in history: I am at least a bit more familiar than the average person with the abject poverty that until a few generations ago was the norm for humans everywhere, and the technological improvements that have powered and propelled our societies into the wonders they are.