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Quote by Salman Ahmed Shaikh

“We are experiencing one of the most significant pandemics in recent history. Corona Virus can transmit from one person to another person. To avoid exponential growth in the spread of Corona Virus cases, social distancing is suggested. Father of Monetarist School of Economics, Milton Friedman said that one thing which a person can always be sure of is that everyone would put his or her self-interest before others. Apparently, it is realized by governments that this is perhaps not the right thing to expect and put faith in at the moment. Private choices in pursuit of self-interest and invisible hand were deemed to be less reliable in current situation. Lockdown was considered necessary by governments in everyone’s individual and collective interest. Things do not work out randomly. They have to be worked out.”

Quote by Salman Ahmed Shaikh

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Reflections on the Origins in the Post COVID-19 World

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Salman Ahmed Shaikh

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“After the lockdown, when markets become less active, the subject of mainstream economics faces another tough ground. There are millions of poor people who do not have work. When lockdown happens, a great many people find resource markets stalled where they used to get income. More than ever, such crises necessitate the flow of resources from the haves to the have-nots. But, frozen goods and resource markets cannot help much, especially the poor and vulnerable people. That is where, pro-social behaviour and beyond-market distribution of resources is necessary. However, mainstream economics treats altruism as ‘impure’. It looks at altruism in the paradigm of pursuing self-interest.”

“To those who advocate that America follow the Chinese model of a totalitarian lockdown because of a virus or flu strain, must remember that the Maoist principle of Chinese rule is founded on total control of the populace, with the loss of freedom on every front: of speech, movement, work, information. Americans shouldn't be drinking the green tea so unquestioningly.”

“I know there are some heartless, greedy, selfish criminals who call themselves politicians, pastors, prophets or business people, who will steal money that is suppose to help in this corona virus. If you are that politician, pastor, prophet or business person, may you suffer with everything you have and will all your riches & wealth . May you  never find happiness, joy & peace in your life, until you pay every cent that you stole from the people.”