Wait..so there is a global crisis that may cause disruption in the availability of some food products? Who couuld have possibly predicted such things? Well, pretty much anyone with half a brain, really.
Hazlitt said that economics was not about just looking at a particular action, but rather at the consequences of that action, for all groups, further downstream. It seems like many people figured that out, on a subconscious level mostly, as people wet out and started buying huge quantities of goods for reasons they couldn’t really articulate.
Which reminds me, the Current Situation is showing what people (as a group) are truly made of. For all their ”we are in this together” nonsense, even the most obnoxious NPR-listening, Volvo-driving, limousine-liberal is out there buying up more than her ‘fair share’ of goods. Why? Because when it really comes down to survival we put our ‘tribe’ first. That tribe can be your family, your religion, your race, your class, your region, whatever…but we all have one. For 99.9% of us it’s our families.
Food rationing? Maybe, but not as it really is… ‘food rationing’ is not settling for store-brand Mac&Cheese because the Trader Joe Organic version was sold out. That’s not rationing. Rationing is getting something that is probably not what you want, not in the quantity you want, and not in the quality you want…and you’re grateful to have it.
Gun Jesus has a nice four-part series on food rationing in Britain during WW2. It’s interesting to see what you would have had to work with.


