Youve no doubt noticed by now that we have refrained from commenting on the 9-11 terror attack. For one thing, we are a monthly publication and it would be hard given the fast pace of events to write anything that wouldnt be ancient history by the time the NOR hit your mailbox. For another thing, we couldnt come up with anything that hadnt already been said a hundred times.
But there was one aspect of the apocalypse that we have neither seen nor heard any comment about. So where angels fear to tread, we fools rush in. It doesnt pertain to the horrific loss of innocent life, about which weve all seen and heard so much; rather, its about economics. In the aftermath of 9-11, people refused to fly, hotels were almost empty, cruise ships stopped sailing, cabbies had no customers, restaurants and movie theaters were virtually vacant, and the stock market plummeted.
Then the word went out, from the President on down: You can stop mourning now. Return to normalcy. Go out and buy something its your patriotic duty!
Normally we dont need any coaxing from our statesmen and lesser dignitaries to buy things. Madison Avenue takes care of that task. But Madison Avenue lost its alchemy. Have we ever seen this before?
You have two options:
- Online subscription: Subscribe now to New Oxford Review for access to all web content at newoxfordreview.org AND the monthly print edition for as low as $38 per year.
- Single article purchase: Purchase this article for $1.95, for viewing and printing for 48 hours.
If you're already a subscriber log-in here.