China coronavirus outbreak means the world is once again gripped by the six-year pandemic panic syndrome
- Every six years, the outbreak of a disease sends the world into a frenzy. But we face much greater daily risks from seasonal flu, being hit by a bus, or being murdered – and the greatest pandemic cost will be economic

I know I should not make light of something as awful as a global pandemic – especially since I only recently stumbled upon, and disposed of, the large stock of Tamiflu pills that I panic-bought in 2003. But it really does take a good pandemic panic to remind us of how badly we judge the life-threatening risks around us.
The new can be dangerous and it is rash to be dismissive of the outbreak too early. We have not even reached the point at which the coronavirus has been given a decent name – 2019-nCoV must surely soon be replaced by something with a ring to it. What about Wuhan Wild Animal Market Syndrome (WWAMS)?

Already, there is both bad and good news. The bad news is that almost certainly in the next 20 years or so, we are likely to be affected by a pandemic that does serious harm to many of us around the world. A true global pandemic is likely to kill millions – maybe hundreds of millions.
