The Market and the Invisible Hand of Coronavirus, By Bunmi Fatoye-Matory - Premium Times Opinion

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 78%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Opinion: The Market and the Invisible Hand of Coronavirus, By Bunmi Fatoye-Matory

Coronavirus, which causes COVID-19, probably has never heard of this invisible hand theory. In fact, scientists say the virus is not even a living thing. Yet, it has become a real invisible hand affecting the market, controlling the forces of demand and supply, skewing them this way and that, rewarding some beyond imagination, and leveling others to the point of destruction.The Wealth of Nations

During this COVID era, however, the preference has been for ordering food from casual and fast food restaurants, which is perhaps consumed in unfashionable house wear peculiar to housebound people. All the rituals of fine dining do not fit this COVID moment. Fine dining fares are not suitable for home delivery, with their artfully-designed and arranged meals, which are only fit to be displayed in decorated gustatory theatres with stars after their names.

This is not unlike aale in Yorubaland. Anyone who grew up in Yoruba towns and villages knew not to touch the fruits of a tree on which certain mysterious objects were dangling. There was no mistaken what the intention of the owner was. It is generally understood that stealing anything on which aale was placed was to invite disaster and misfortune on one’s head. The Japanese version worked for Mink Itachibe.

A dear friend in Cambridge, Massachusetts, a scholar, furnished his home solely with the furniture he retrieved from the sidewalk, where they had been discarded to be picked up as trash by the city. Refrigerators, freezers and household utensils are regularly discarded because new ones are affordable enough to enable this kind of waste.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stock market gains N15bn on MTNN price rallyThe market capitalisation of listed equities inched higher by N15 billion or 0.12 per cent to N12.679 trillion from N12.664 trillion achieved on Thursday.
แหล่ง: PremiumTimesng - 🏆 3. / 78 อ่านเพิ่มเติม »

Rotary Club Of Lagos Donates Mini-water Plant To Sandgrouse MarketNigeria News, Nigeria Newspapers
แหล่ง: LeadershipNGA - 🏆 4. / 77 อ่านเพิ่มเติม »

Equities market records N786.7m cap declineThe equities market of the Nigerian Stock Exchange (NSE) recorded a moderate loss of 1bp to close at 24,276.56 due to sell-offs in Intbrew (-8.9percent), FBNH (-0.9percent) and Access (-0.8percent)…
แหล่ง: Daily Trust - 🏆 13. / 51 อ่านเพิ่มเติม »