Revolution Is in the Air
Compounding one mistake – allowing mission creep to divert resources away from the government’s presumed public health mandate – with another (unduly restricting civil liberties in a desperate attempt to make up for the first failure) is a recipe for revolution.
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What Coronavirus Teaches Us About Human Connection
Even in self-imposed isolation, the keen intellects at AIER have managed to reach people across the globe, providing unique perspectives and key economic insights to those who most want and need it. A communicable virus has nothing on communicable ideas.
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The Difference Between a Recession and a Crack-Up
There was never in 2020 an economic crisis born of a spreading virus; rather a spreading virus proved oxygen for politicians on all levels on the way to them forcing contraction on an economy that, if large and growing larger, would be most capable of slaying the virus.
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The US Coronavirus Death Rate Is Falling, and Germany’s More So
Why would the U.S. death rate fall so much over just a few days? The answer is that as more people are tested for the virus, the death rate falls because it becomes more accurate.
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Good Reasons to Doubt the Estimate of COVID-19 Deaths
Many popular accounts mistake an implausible upper-bound estimate for the most likely outcome. The underlying study actually suggests the number of deaths will be much lower.
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The Economy Could Indeed Roar Back (Video)
If we come out of this, it will be due to markets. FOX Business’ Neil Cavuto hosted me and tax attorney Rebecca Walser to discuss how crucial it is for the financial markets to remain open and how the government shutdown will affect small businesses.
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If You Bail Out Everyone, You Bail Out No One
It’s sad any of this needs to be said or written, but it cannot be stressed enough that government outlays are a consequence of growth that’s already taken place. The federal budget in the U.S. is the largest in the world, and the U.S. Treasury ca …
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An Epistemic Crisis
The ray of hope is that reliable tests are going to be distributed widely in the coming days, and that will solve the great epistemic crisis. There is hope and light at the end of this very dark tunnel of ignorance.
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A Politically Fueled Panic Is Not a Good Plan
We seem to assume that the human race is so evolved, that we’re so civilized now compared to our cave-dwelling forebearers. Until there’s something like a natural disaster or pandemic to start frenzied hoarding and panic.
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The Anatomy of the Crash of 2020
Whatever you think about the virus threat, and even if you think all this is justified in the name of stopping the spread, let’s not be confused about what drove this disaster from the beginning: the fear that politics would attack commercial society at its root.
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The Parasites Exacerbating COVID-19
The so-far easy acceptance of the government’s medieval reaction to the spread of a not very lethal virus to a vanishingly small percentage of the population suggests that universities are not helping Americans to overcome the many behavioral biases they inherited from their cavemen ancestors.
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To Kill Markets Is the Worst Possible Plan
This whole ghastly episode could become another teaching moment in misguided and damaging government policies that markets, once again, successfully endured and survived.
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