Many are asking, “How, in the modern world, can we be running out of toilet paper?” But before we can answer that, we must first understand the solution to a mystery that is far more amazing:
The Great Toilet Paper Shortage of 2020 is only one of many enormous economic and social disruptions created by the coronavirus and government’s response to it.
If we are going to recover from this anytime soon, we need to work together. And that doesn’t mean following the orders and advice of central planners. It means cooperating with each other with the level of intricate coordination that only spontaneous orders like the price system are capable of. It means setting those spontaneous orders, especially the price system, free from the disruptive meddling of central planners.