A Novel Economic System To Respond To The Novel Coronavirus?

Economics is not governed by laws of nature or the physical universe but rather by rules created by human beings to organise their lives. It is an emergent system not directly constrained by base reality. So while a farmer’s productivity is limited by nature and his ability to tame the natural world to his purpose, contemporary economic systems in our society are driven in large measure by human emotions & incentives and our ability to align them to some agreed social goal. Economics- an emergent system Scientists working on developing vaccines for Covid19 are tinkering with constraints imposed by nature…...