159: American investor class will solve the virus and make a profit in it. @johntamny
Image: Major investors; here: Andrew Carnegie sold his steel company to J.P. Morgan in 1901 John Tamny, RealClearMarkets, The End of Work,@johntamny , in re: John Rockefeller donated $430 mil of his $500 mil to healthcare [and forbad medical doctors to prescribe anything having to do with diet or food]. . . . Collective action is doing what’s known. Entrepreneurs search for what’s unknown. We want the craziest inventors to attack problems. Profit motive is essential. It's individuals who’ve created the wealth. When a government invests in business, it inevitably fails. Govt can't take a reputational risk. https://www.realclearmarkets.com/articles/2020/07/06/dear_david_brooks_theres_no_we_nor_is_there_humiliation_498153.html