https://www.city-journal.org/power-of-innovative-market-economy-pandemic
It seems like a lifetime, but it was only one year ago that the world learned about a cluster of pneumonia cases linked to a live animal market in Wuhan, China. The cause: a new coronavirus, SARS-CoV-2, that leads to a disease called Covid-19. Fast forward one year, and the U.S., as of mid-December, has seen more than 300,000 Covid-19 deaths and more than 17 million confirmed cases—but also remarkable scientific innovation and reasons for optimism.
Much has changed. An economy that was humming along with record-low unemployment was voluntarily shut down in an attempt to mitigate viral spread and the death toll. Unemployment soared to depression levels, and GDP cratered. In many areas, a third of small businesses have permanently closed. Children have missed nearly a year of in-person school, with short- and long-term effects on their social and educational development and economic prospects. The pandemic deepened political fissures and became the leading issue in the 2020 election, likely leading to President Donald Trump’s reelection defeat.
People were admonished to “follow the science,” though the science was unclear and constantly in flux. The pandemic has confounded experts’ recommendations and predictions. Infections, hospitalizations, and deaths are up around the country, regardless of the approaches that different states have taken. New Mexico, for example, adopted aggressive restrictions, including a mask mandate, self-quarantine orders for travelers, and a ban on public gatherings early on. Yet statewide infections and deaths climbed to new heights in October and November.