โข
It is farcical that people who until a few weeks ago couldnโt even spell the word โexponentialโ โ let alone explain what it meant โ ran straight across this intellectually hysterical spectrum and made the opposite mistake: drawing exponential curves until they ran out of paper or whiteboards.
โข
Unless our neighbors break into our houses and cough in our faces, what they do is their business, not ours. Our business is to do what we think best for ourselves and our families.
โข
During a crisis like the COVID-19 pandemic, certain things suddenly come into sharp focus. In this case, we are overwhelmed with examples of how regulatory barriers, restrictions, and blockages have hindered the ability of society to adapt to rapidly changing conditions. In his preface to the 1982 edition of his classic Capitalism and Freedom, Milton…
โข
The advances authored by private investment would put even more of us in the position to at least somewhat work around the errors of politicians who, when presented with a virus, chose to destroy the jobs of millions as a response.
In these times of great uncertainty, we should be doing everything we can to make it easier for people to find and sustain workโnot turning honest, hardworking people into outlaws.
โข
If you derive no other takeaway from the political response to the ongoing COVID-19 pandemic, let it be this: human behavior adapts in real-time to ever-changing expectations of the future.
โข
AIER has become a leading voice for understanding during these times, helping to balance out the media-fueled panic that has gripped our country.
โข
Six months ago, would you have said that government would forcibly be shutting down businesses? Probably not. So how do you know that, if restrictions keep building and building, six months from now there wonโt be a green light to โshoot deadโ quarantine violators?
โข
In absence of factual tests, the void has been filled by statistical forecasts, many of which suffer from some of the same fallacies as historical models. Compounding the problem is that these models are being created in real time. These models have contributed to social and political panic.
โข
The extraordinary government clampdown on economic life that we are enduring โ in order to preserve hospital beds and the capacity of doctors and nurses โ is the result, not just of the coronavirus, but of the severe restrictions on economic activity that have made our economy brittle and poorly-suited to adapt and respond to…
โข
It is farcical that people who until a few weeks ago couldnโt even spell the word โexponentialโ โ let alone explain what it meant โ ran straight across this intellectually hysterical spectrum and made the opposite mistake: drawing exponential curves until they ran out of paper or whiteboards.
โข
Unless our neighbors break into our houses and cough in our faces, what they do is their business, not ours. Our business is to do what we think best for ourselves and our families.
โข
During a crisis like the COVID-19 pandemic, certain things suddenly come into sharp focus. In this case, we are overwhelmed with examples of how regulatory barriers, restrictions, and blockages have hindered the ability of society to adapt to rapidly changing conditions. In his preface to the 1982 edition of his classic Capitalism and Freedom, Milton…
โข
The advances authored by private investment would put even more of us in the position to at least somewhat work around the errors of politicians who, when presented with a virus, chose to destroy the jobs of millions as a response.
In these times of great uncertainty, we should be doing everything we can to make it easier for people to find and sustain workโnot turning honest, hardworking people into outlaws.
โข
If you derive no other takeaway from the political response to the ongoing COVID-19 pandemic, let it be this: human behavior adapts in real-time to ever-changing expectations of the future.
โข
AIER has become a leading voice for understanding during these times, helping to balance out the media-fueled panic that has gripped our country.
โข
Six months ago, would you have said that government would forcibly be shutting down businesses? Probably not. So how do you know that, if restrictions keep building and building, six months from now there wonโt be a green light to โshoot deadโ quarantine violators?
โข
In absence of factual tests, the void has been filled by statistical forecasts, many of which suffer from some of the same fallacies as historical models. Compounding the problem is that these models are being created in real time. These models have contributed to social and political panic.
โข
The extraordinary government clampdown on economic life that we are enduring โ in order to preserve hospital beds and the capacity of doctors and nurses โ is the result, not just of the coronavirus, but of the severe restrictions on economic activity that have made our economy brittle and poorly-suited to adapt and respond to…
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