Because the coronavirus pandemic is an unprecedented black swan event, we’ve seen many mistakes and delayed responses that were more reactive than proactive. There will certainly be no shortage of lessons to be learned.
Despite these missteps, there are national efforts underway to “flatten the curve” and contain the spread of the virus, as well as significant signs of positive developments for treatments and even a potential vaccine. Human ingenuity is at work.
While it is easy to imagine a doomsday scenario, we cannot become oblivious to the many instances of people, companies and entire industries showing they are ready to tackle the public health crisis. This crisis will undoubtedly spark an enduring debate about trust in our institutions — from the government to our scientific community. But that should not overshadow our trust in human ingenuity — our innate capacity to come together and solve big problems through entrepreneurship, innovation and progress. As economist Julian Simon has pointed out, our ultimate resource is human ingenuity and this should be no different in the fight against the coronavirus.
Continue reading at The Hill.
Gonzalo Schwarz is President and CEO at the Archbridge Institute. Gonzalo focuses on researching and writing about the American Dream, social mobility, the economics of human flourishing, economic development, and entrepreneurship. He is the author of the institute’s "American Dream Snapshot” and editor of two publications focused on social mobility in Europe and Latin America. Gonzalo has an M.A. in economics from George Mason University and a B.A. in economics from the Catholic University of Bolivia. You can follow his Substack, "Living the Dream," where he writes about the American Dream.
Culture of Flourishing
Because the coronavirus pandemic is an unprecedented black swan event, we’ve seen many mistakes and delayed responses that were more reactive than proactive. There will certainly be no shortage of lessons to be learned.
Despite these missteps, there are national efforts underway to “flatten the curve” and contain the spread of the virus, as well as significant signs of positive developments for treatments and even a potential vaccine. Human ingenuity is at work.
While it is easy to imagine a doomsday scenario, we cannot become oblivious to the many instances of people, companies and entire industries showing they are ready to tackle the public health crisis. This crisis will undoubtedly spark an enduring debate about trust in our institutions — from the government to our scientific community. But that should not overshadow our trust in human ingenuity — our innate capacity to come together and solve big problems through entrepreneurship, innovation and progress. As economist Julian Simon has pointed out, our ultimate resource is human ingenuity and this should be no different in the fight against the coronavirus.
Continue reading at The Hill.
Gonzalo Schwarz
Gonzalo Schwarz is President and CEO at the Archbridge Institute. Gonzalo focuses on researching and writing about the American Dream, social mobility, the economics of human flourishing, economic development, and entrepreneurship. He is the author of the institute’s "American Dream Snapshot” and editor of two publications focused on social mobility in Europe and Latin America. Gonzalo has an M.A. in economics from George Mason University and a B.A. in economics from the Catholic University of Bolivia. You can follow his Substack, "Living the Dream," where he writes about the American Dream.
Share:
Related Posts
This Thanksgiving, Celebrate the New Beacon of the American Dream
Is America Now Becoming a Nation of Pessimists?
July 4th Is Behind Us. The American Dream Is Not