Lockdowns — Part 3

Crime and Punishment — Fyodor Dostoevsky

The Covid-19 pandemic resulting from the Wuhan virus has dramatically revealed state malfeasance amounting to criminality like nothing else has except for perhaps the world wars of the past century.

In the previous bits (Part 1 and Part 2), I made the moral argument against lockdowns and for freedom. In this final bit, I make the economics argument.

Governments across the world with some rare exceptions have imposed policies that are not only morally repugnant but have imposed enormous economic costs on billions of people. Especially for the extremely poor, those policies have had tragic consequences. They have probably killed (or will kill) millions more than the virus ever would have. Even in the rich populations, deaths of despair must have been devastating. Continue reading