“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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