Saturday, March 14, 2020

Enter... CORONAVIRUS!

The good news: as the economy grinds to a halt, pollution also slows.... https://twitterhttps://twitter.com/novaaa/status/1238879131456208903.com/novaaa/status/1238879131456208903?s=20

https://twitter.com/novaaa/status/1238879131456208903?s=20

https://twitter.com/novaaa/status/1238879131456208903

Some bad news (though not nearly as bad as the real bad news) is price gouging, which in general economists support. Gotta say, though, it's a bad look!

https://www.nytimes.com/2020/03/14/technology/coronavirus-purell-wipes-amazon-sellers.html

The idea is that higher prices will incentivize suppliers to provide more of the good when a particular need crops up. For example here in Maryland, a pharmacist is able to synthesize hand sanitizer, which normally it wouldn't be worth her time to do, but in cases like this she can put extra effort into the task.

https://www.fox5dc.com/news/fox-5-found-toilet-paper-in-silver-spring
https://twitter.com/novaaa/status/1238879131456208903?s=20