Virus, Unemployment, Riots: When Shocks Multiply, the Effects Usually Last

When does a country reach a tipping point—a point when the citizenry concludes that things are simply spinning out of control, and that something different is required.

The question arises, obviously, as protests and looting spread across America in the wake of the brutal police killing of a black man—shocking scenes that have come atop a once-in-a-century pandemic and a Depression-like economic slide.