Pandemic Spasm to Great Inflation

Brendan Brown () and Philippe Simonnot ()

Chapter Chapter 5 in Bad Money, 2025, pp 37-42 from Springer

Abstract: Abstract Alex Pollock in his brilliant short tome “Finance and Philosophy” writes: So the future is unknowable, we’re confused by the present, and we misinterpret the past—at least in finance and economics if not real science. Well within a year of its publication date (2019), great surprise hit again, with the emergence of the COVID-19 pandemic. Surprise does not mean a black swan—or otherwise put, a total bolt from the unknown. Thinking and skilfully imaginative individuals may well have thought there was some finite possibility of a great pandemic occurring, albeit sketched in very hazy terms.

Date: 2025
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DOI: 10.1007/978-3-031-95425-2_5

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