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A little microbe that markets cannot help with

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  • Thomas Lines

Abstract

This essay discusses the British Government's policy for testing and tracing corona virus cases, as it evolved in England during 2020. A new centralised national system was created to be implemented by private companies under arrangements of patronage that were commercial in nature but not market-based. The merits and demerits of this approach are considered against a framework of three archetypal principles of economic organisation: democracy, authority, and exchange. The conclusions draw attention to the implications for wider economic theory regarding the efficiency of operations in this and similar spheres.

Suggested Citation

  • Thomas Lines, 2021. "A little microbe that markets cannot help with," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 12(1), pages 55-59.
    • Handle: RePEc:ids:ijplur:v:12:y:2021:i:1:p:55-59
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