Featuring John Cochrane, Senior Fellow at the Hoover Institution, Stanford University, Adjunct Scholar at the Cato Institute, and blogger at The Grumpy Economist; Anna Scherbina, Associate professor of finance, Brandeis University; visiting scholar, American Enterprise Institute; and author, “Determining the Optimal Duration of the COVID-19 Suppression Policy: A Cost‐Benefit Analysis”; Emil Verner, Assistant professor of finance, Massachusetts Institute of Technology, and author, “Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu”; moderated by Ryan Bourne, R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute.
In the post‐COVID‐19 era, expect military spending advocates to compete with those calling for more spending at home.
The world’s major faiths face a test, and some religious leaders are failing by endangering human lives in the name of adhering to tradition–and ushering in a new age of secularism in the process.
Decentralization and local knowledge produce quicker and better results.
The tactics are abusive from a civil liberties perspective and don’t make practical sense either.
Policymakers must exercise due diligence so as not to implement costly air safety measures that drive up airfares and cause consumers to substitute high‐risk highway travel for low‐risk air travel.
Federalism should underpin disaster preparation and response, and emergency supply systems should be mainly based on distributed stockpiling, markets, and horizontal cooperation.
Even as Americans struggle to deal with a deadly and seemingly unprecedented pandemic, it isn’t too soon to wonder how the present crisis will shape our collective understanding about the dangers that we face, and the best means for addressing them.