Covid-19: The Tempering Test of the Market State
I wanted to exposit a bit on some of the points I made in my last blog post about the dilemma that Covid-19 presents. As many commentators have observed, the pandemic has disrupted our economic system and starkly revealed its defects. In particular it has exposed the risks to a bulk of the population who live on marginal income and can barely, if at all, afford health insurance. But of course these were known issues already, it’s just that Covid-19…