<
https://www.abc.net.au/news/2022-01-17/economics-set-for-post-pandemic-shake-up-covid-19/100756832>
"At its heart, economics is fundamentally the social science of distribution —
who gets what.
And, right now, the pandemic has thrown a spanner into the works: no-one, or at
least, very few people, are able to get everything they want or, in many cases,
even need.
Fresh food shelves have been stripped bare in thousands of stores around the
country, rapid antigen tests can't be found for love nor money and even the
ubiquitous painkiller paracetamol is in short supply.
In some cases, this is due mainly to extraordinary demand, both genuine need
and panic-induced, but in others, it's a lack of supply.
While these supply chain disruptions are temporary, they have exposed a greater
truth about some of the key failings of orthodox economics and the policies and
practices based on it, as have other events in the pandemic."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
