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The Flight of the Covid Quacks
“Even the most statist public health official completely oblivious to Hayekian critiques of central planning must know, deep down, that issuing general medical orders from on high is quackery. They now flee in great flocks but what will it matter if other quacks replace them? We don’t need new public health officials. We need a reformed healthcare model with incentives more carefully aligned to individual needs.” ~ Robert E. WrightREAD MORE
Biden’s Executive Orders vs. American Public Opinion
“Policies implemented are ultimately the outcome of ideas fought over concerning whether or not to value and secure political freedom, economic liberty, and constitutional order. In spite of a lot of totalitarian-like rhetoric in the air, the intellectual field is still open to vigorous debate and competition. It just needs to be taken advantage of by not presuming the contest is already lost.” ~ Richard M. EbelingREAD MORE
The Political Economy of Mass Panic
“The demand for action creates the pressure to avoid being perceived as weak and indecisive on the part of politicians, while the information asymmetry between the visible, concentrated and identifiable benefits of “action” and delayed, speculative and more distributed costs of action, makes irrational and ineffective but ritualistic policies much more likely. Policies adopted to deal with the Covid-19 pandemic illustrate very painfully these truths.” ~ Ivan JankovicREAD MORE
Did Market Failures Require A Lockdown Response?
“Economists and policymakers must ask the question: what are people actually doing in the status quo to manage the harm? We may find that what, on its face, appears to be a failure is actually preferable to the reasonable and feasible alternatives.” ~ Jon MurphyREAD MORE
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