This is the spoken edition of the American Institute for Economic Research for August 14, 2020. A longer text version is hosted at AIER.org, along with many other articles. King Canute and the Virus Tide, by Jeffrey Tucker. Nine-hundred years ago, the English historian Henry of Huntingdon wrote down an older Anglo-Saxon story/myth of King Canute who claimed the throne of England in 1016. The story was of appalling arrogance.