Jim Grant on how not to deal with the coronavirus

I was on CNBC a while ago... and somebody said, there’s no trade-off between health and commerce. Of course there is. We suffer, collectively, 40,000 deaths a year on the highways. We could reduce that substantially by posting a 20 mile an hour speed limit. We don’t do that, not because we’re callous but because we live our lives. We take chances. You get up in the morning, you’re taking a chance.

I speak, as few talking heads do speak, with certifiably no epidemiological knowledge at all. I skipped that course entirely. So I don’t pretend to speak from anything more than newspaper reading prejudice on this matter. But I think that the go-hide-in-a-hole approach is probably not well advised.

~ Jim Grant, "Nobody Knows Anything," interview with Albert Lu of Sprott Media, March 24, 2020