Don Boudreaux over at Cafe Hayek makes very important points:
A government that acts without rules, that consistently changes course in favor of exercising ever-more and longer-lasting power, and that now refuses to publicly state guidelines for ending its unprecedented assault on ordinary human liberties is tyrannical. I don’t see how this word fails to accurately describe today’s British government – as well as many other governments across the globe. Continue reading
It feels like forever but it’s been less than nine months since this Covid-19 became a pandemic. And it also seems that it will go on forever. However, the news about the disease is good but the news about the policy response is bad. In an article, Dr Jayanta Bhattacharya writes:
“U.N. has estimated that 130 million additional people will starve this year as a result of the economic damage resulting from the lockdowns.
“In the last 20 years we’ve lifted one billion people worldwide out of poverty. This year we are reversing that progress to the extent—it bears repeating—that an estimated 130 million more people will starve.”
Death through starvation must be terrible. Note that the disease will eventually kill two orders of magnitude fewer people than the lockdown policy that governments imposed. As is always the case, governments are the biggest killers. No natural disaster can compete with the government in wholesale killing. The most astonishing sad fact is that people give their governments the power to kill them. It’s suicidal.
Go read Dr Bhattacharya’s article.
The Chinese Virus
The cost of the latest Chinese virus, aka SARS-CoV-2, is now going to be tallied in trillions of dollars and perhaps hundreds of thousand, maybe millions, of deaths. All that seems to be pretty horrific, to be sure. But here I am going to argue that that cost is worth the benefit that is sure to arise. That is the conclusion of my argument that this Wuhan coronavirus is going to be a blessing in disguise. It will make the world a far, far better place than it would have been otherwise.
What is the appropriate response to the disease now called Covid-19? That depends on the time and place, and other contextual particulars. In early Dec 2019 when the first cases were detected, the appropriate measure (seen in hindsight) would have been total containment. Continue reading
There is a lot of news about the 2019 novel corona virus (coronavirus). I suppose there’s some chance that this flu will blow up across the world. Therefore it is important to know what this 2019-nCv does. Here’s a video that I found very instructive.
This is a PSA post. Keep well and do good work.