Free market failings in the coronavirus crisis
Whatever happened to free market solutions? Since the dark days of Thatcherism, we have been told that the state is inefficient and things should be left to the free market. Yet here we are in the middle of the coronavirus crisis and free market solutions are nowhere to be seen. Instead, it has been the state that has been forced to step in and prevent the economy and society from collapsing amid the chaos of an out of control pandemic.