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Cornerstone Blog 2020 Hindsight: The pandemic has tested Canada’s social capital

2020 Hindsight: The pandemic has tested Canada’s social capital

January 5, 2021 by Cornerstone International Group

We’ve learned a lot of hard lessons in this pandemic.

But here’s an easy one.

Our society cannot function without public goods, nor a capable government that helps to provide them.

For most things people value, competitive markets do a good job deciding who gets what, without government regulation.

Consumers compare benefits against costs and choose how much they want.

But that can’t work for things that we consume collectively in society, like law and order, parks, or national defense.

The same is true of public health programs, like infectious disease control and prevention.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #2020hindsight, #pandemic

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