The madness of crowds again: 2/4: When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason by John Tamny (Author), George Gilder (Foreword)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 13 March 2023
⏱️ 8 minutes
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Summary
@Batchelorshow
The madness of crowds again: 2/4: When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason by John Tamny (Author), George Gilder (Foreword)
https://www.amazon.com/When-Politicians-Panicked-Coronavirus-Opinion/dp/1642938378/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=
When Politicians Panicked tells the tragic story of how, in response to a spreading virus, global politicians mindlessly pursued economic desperation, starvation, and death as the cure.
The global economy was booming as 2020 dawned, but within a few short months wreckage, death, and desperation borne of economic contraction were the new normal. What happened?
In When Politicians Panicked, economic commentator John Tamny tells the heart-wrenching story of a time when politicians were tragically relieved of basic common sense in their response to the new coronavirus.
Transcript
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| 0:00.0 | I'm John Bachelors. |
| 0:11.6 | This is the new John Bachelors show on CBS Audio Network, John Tamney, the columnist, |
| 0:17.2 | the editor, and now the author, John Tamney, when politicians panic, the new coronavirus, |
| 0:23.0 | expert opinion, and a tragic lapse of reason. |
| 0:26.6 | The markets have now reacted late March of 2020, but government is getting into the contest. |
| 0:36.4 | Government in the States, Mr. Cuomo, Mr. Britsker, Mr. Newsom, and the other governors |
| 0:42.1 | have issued orders. |
| 0:44.4 | It is not clear at this point that the American people that these orders are going to be enforced |
| 0:49.1 | by police power, although the state governments have that option, the city governments have |
| 0:54.4 | that option. |
| 0:55.8 | It looks that the governors are counting on Americans to do the right thing. |
| 0:59.8 | For how long is an open question? |
| 1:02.4 | There are different expectations, but at no point, and Mr. Tamney, I check with you on |
| 1:07.7 | this because my memory is dim and your book states very clearly that the governors indicated |
| 1:15.1 | early on that this would not last a long time. |
| 1:18.4 | Did they give a timeline, John? |
| 1:19.7 | How long the lockdowns? |
| 1:22.4 | They talked about two weeks. |
| 1:25.3 | That was the word because the view was if people would go and hide for two weeks that |
| 1:30.6 | will flatten the curve and that will give hospitals the times to adjust. |
| 1:35.1 | As we know through history, once you hand over that kind of power to someone else, it's |
| 1:40.8 | rarely given back and it certainly wasn't in this instance. |
... |
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