6 June 2022
Economics in One Virus
The policy response to the Covid-19 pandemic was improvised and reactive, and under the pressures of this one in one-hundred year event the consequences of decisions were not well considered. Ryan Bourne of the CATO institute discusses some of the key lessons from the crisis uncovered in his book Economics in One Virus.
A number of key implications emerge from his analysis that speak to the need to think-through the consequences of policy decisions and the need to correct quickly for those policy decision that have negative and unintended consequences.