Month: April 2020

We need a Covid DEW Line

Public health experts and politicians are suggesting that we can see a point when restrictions could relax. But any relaxation must be careful and measured, quickly reversible if COVID reappears.  Everyone maintains that wide scale testing is a key to controlling the reopening of the economy. Most of the proposed approaches, such advocated by Harvard […]

The moral hazards of our economic response to COVID-19

Little doubt exists that COVID-19 represents an existential challenge. But could our economic policy responses complicate the return to “normalcy” whatever that may mean? Governments everywhere are introducing massive subsidies to individuals and business, replicating the standard response in previous recessions. But what if government did much less, or even nothing?  What might that look […]