The Coronavirus Effect

2. What Is All The Panic (buying) About?


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After stores across the world first started running out of toilet paper, this quickly spread to empty shelves and epic queues as people rush to stock up before armageddon hits. This has resulted in a lot of further panic and strong emotions and angry words from those impacted. Still no one knows why toilet paper is needed....

In this episode we dive into some of the reasons behind the buying. We discuss supply chain shifts, game theory, psychology, fear, and economics to discover how it works. Along the way we find reasons to be less judgemental and kinder to our fellow humans.


Notes

Non Supermarket Food Delivery

I mention a list of places besides supermarkets that will do online delivery of useful goods. I'm putting it here for now but will update with a blog at some point.

Delivery list

If you have any suggestions let me know with dm or a comment (it would be nice to make an American equivalent)


Suggested Reading

The Madness of Crowds - Douglas Murray

https://www.goodreads.com/book/show/44667183-the-madness-of-crowds

Talking to My Daughter About the Economy: or, How Capitalism Works - and How It Fails - Yanis Varoufakis

https://www.goodreads.com/book/show/36490332-talking-to-my-daughter-about-the-economy

Game Theory: A Nontechnical Introduction - Morton D. Davis

https://www.goodreads.com/book/show/229281.Game_Theory


---


If you enjoy the episode and want more, Sam has launched his new show - "How to Change the World: The History of Innovation".


Chronologically studying every world-changing event in order and how they build upon themselves up to today.


Available on all podcast players:

  • SPOTIFY - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/1Fj3eFjEoAEKF5lWQxPJyT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
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The Coronavirus EffectBy Samuel Webster Harris

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