Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
"In my lifetime, there was another deadly flu epidemic in the United
States. The flu spread from Hong Kong to the United States, arriving
December 1968 and peaking a year later. It ultimately killed 100,000
people in the U.S., mostly over the age of 65, and one million
worldwide.
Lifespan in the US in those days was 70 whereas it is 78 today.
Population was 200 million as compared with 328 million today. It was
also a healthier population with low obesity.
If it would be possible to extrapolate the death data based on
population and demographics, we might be looking at a quarter million
deaths today from this virus. So in terms of lethality, it was as deadly
and scary as COVID-19 if not more so, though we shall have to wait to
see.
“In 1968,” says Nathaniel L. Moir in National Interest,
“the H3N2 pandemic killed more individuals in the U.S. than the
combined total number of American fatalities during both the Vietnam and
Korean Wars.”
And this happened in the lifetimes of every American over 52 years of age.
I was 5 years old and have no memory of this at all. My mother
vaguely remembers being careful and washing surfaces, and encouraging
her mom and dad to be careful. Otherwise, it’s mostly forgotten today.
Why is that?
Nothing closed. Schools stayed open. All businesses did too. You
could go to the movies. You could go to bars and restaurants. John Fund
has a friend who reports
having attended a Grateful Dead concert. In fact, people have no memory
or awareness that the famous Woodstock concert of August 1969 – planned
in January during the worse period of death – actually occurred during a
deadly American flu pandemic that only peaked globally six months
later. There was no thought given to the virus which, like ours today,
was dangerous mainly for a non-concert-going demographic.
Stock markets didn’t crash. Congress passed no legislation. The
Federal Reserve did nothing. Not a single governor acted to enforce
social distancing, curve flattening (even though hundreds of thousands
of people were hospitalized), or banning of crowds. No mothers were
arrested for taking their kids to other homes. No surfers were arrested.
No daycares were shut even though there were more infant deaths with
this virus than the one we are experiencing now. There were no suicides,
no unemployment, no drug overdoses.
Media covered the pandemic but it never became a big issue.
As Bojan Pancevski in the Wall Street Journalpoints
out, “In 1968-70, news outlets devoted cursory attention to the virus
while training their lenses on other events such as the moon landing and
the Vietnam War, and the cultural upheaval of the civil-rights
movements, student protests and the sexual revolution.”
The only actions governments took was to collect data, watch and
wait, encourage testing and vaccines, and so on. The medical community
took the primary responsibility for disease mitigation, as one might
expect. It was widely assumed that diseases require medical not
political responses.
It’s not as if we had governments unwilling to intervene in other
matters. We had the Vietnam War, social welfare, public housing, urban
renewal, and the rise of Medicare and Medicaid. We had a president
swearing to cure all poverty, illiteracy, and disease. Government was as
intrusive as it had ever been in history. But for some reason, there
was no thought given to shutdowns.
Which raises the question: why was this different? We will be trying to figure this one out for decades.
Was the difference that we have mass media invading our lives with
endless notifications blowing up in our pockets? Was there some change
in philosophy such that we now think politics is responsible for all
existing aspects of life? Was there a political element here in that the
media blew this wildly out of proportion as revenge against Trump and
his deplorables? Or did our excessive adoration of predictive modelling
get out of control to the point that we let a physicist with ridiculous models frighten the world’s governments into violating the human rights of billions of people?
Maybe all of these were factors. Or maybe there is something darker
and nefarious at work, as the conspiracy theorists would have it.
Regardless, they all have some explaining to do.
By way of personal recollection, my own mother and father were part
of a generation that believed they had developed sophisticated views of
viruses. They understood that less vulnerable people getting them not
only strengthened immune systems but contributed to disease mitigation
by reaching “herd immunity.” They had a whole protocol to make a child
feel better about being sick. I got a “sick toy,” unlimited ice cream,
Vicks rub on my chest, a humidifier in my room, and so on.
They would constantly congratulate me on building immunity. They did
their very best to be happy about my viruses, while doing their best to
get me through them.
If we used government lockdowns then like we use them now, Woodstock
(which changed music forever and still resonates today) would never have
occurred. How much prosperity, culture, tech, etc. are losing in this
calamity?
What happened between then and now? Was there some kind of lost knowledge, as happened with scurvy,
when we once had sophistication and then the knowledge was lost and had
to be re-found? For COVID-19, we reverted to medieval-style
understandings and policies, even in the 21st century. It’s all very
strange.
The contrast between 1968 and 2020 couldn’t be more striking. They were smart. We are idiots. Or at least our governments are.
[Note an earlier version of this article featured a photo not from Woodstock 1969. This photo from the montage at the Atlantic.]"
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