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Tag Archives: lockdown

Great Moments in California Lockdowns

The Marie Antoinette edition. This was sent to me by a friend last month in response to California governor Gavin Newsom’s order to shut down salons and even outdoor restaurants. I talked to my wife last night and she said that she has 3 close friends in the personal care service business (2 hairstylists and 1 esthetician). Only 1 of them kept working underground during the first shutdown in March. My wife said that all 3 are planning to defy the order since they...

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Thoughtful Pieces on the Lessons of COVID-19

Janan Ganesh, in the Financial Times, forcefully argues that the Covid19 has “no grand lessons for the world”. The significance of the pandemic is being stretched as implying the triumph of a “system” over another, but on the basis of poor evidence. Covid19 has taken the world by surprise and it is difficult to claim that systems characterized by more civic trust, or with stronger government, or with more liberal governments, performed better than their opposites....

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Good News from Georgia

Start with the state’s economy, which had a relatively low jobless rate of 7.6% in July. Construction was never shut down, and schools in much of the state are opening for classroom instruction. The state expected a budget shortfall of $1 billion for the year but the actual deficit was $210 million. Mr. Kemp says sales tax revenue is rebounding and the state hasn’t exhausted its $700 million reserve fund. This is from a Wall Street Journal editorial titled “Georgia’s...

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Are We Heading for a Second Wave of Lockdowns?

“I cannot emphasize how important this could be.” That’s Dr. Sam Parnia, a doctor and professor at the Grossman School of Medicine at New York University. What he was reacting to is news that a cheap drug, dexamethasone, has reportedly been shown to reduce deaths among COVID-19 patients on ventilators by as much as one-third. “It’s a huge breakthrough, a major breakthrough,” Dr. Parnia said of the study conducted by scientists at the University of Oxford. The 60-year-old anti-inflation...

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Will Great Unlock Push Gold Prices Down?

As Great Lockdown was positive for the gold prices, the Great Unlock will be bad, right? We invite you to read our today’s article about the Great Unlock and find out whether it really must be negative for the gold prices. It’s all government’s fault, right? After all, the Great Lockdown was introduced by the federal and state governments introduced, wasn’t? Well, not quite. Before I will explain why, let me clear one thing up: I’m a liberty lover and I’m skeptical about the government...

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What I’m Thinking

1. Getting people to be rational about politics is an uphill battle during the best of times.  During a global hysteria, it’s hopeless. 2. Due to this doleful realization, I refrained from discussing the lockdown when it first emerged.  The best course, I deemed, was to wait for readers to simmer down. 3. Since many have now simmered down, here’s what I was thinking three months ago. 4. I was convinced that coronavirus was a dire threat by early March, but I opposed...

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Michigan Sheriff Explains Enforcement Discretion and Much More

A beautiful study in rhetoric. Livingston County Sheriff Mike Murphy explains why he is refusing to enforce Governor Whitmer’s Executive Orders. Early on in the video, he explains that of course one must choose which laws to enforce and which not to. This relates to my critique of Luigi Zingales and some of the interesting discussion that followed in the comments on my post. I call it a beautiful study in rhetoric because early on he says that he’s not trying to...

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What Motivated Newsom’s Relaxation of Lockdowns?

Newsom Finally Recognizes Tradeoffs Governor Newsom of California announced yesterday that he is relaxing the statewide lockdown sooner than he had said he would. What gives? I think Newsom is finally recognizing tradeoffs. He started the fiscal year with an expected budget surplus. He now expects a state government deficit of $54.3 billion. He had wanted a bailout from his Democratic California partner Nancy Pelosi. Her $3.2 trillion bailout passed in the House by a...

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Sweden’s Economy: Predicting is Not Showing

Sweden has attracted global attention for not imposing a full lockdown, as seen in most of Europe, to contain the coronavirus pandemic. Nonetheless, data released from the country’s central bank and a leading Swedish think tank show that the economy will be just as badly hit as its European neighbors, if not worse. This is from Holly Ellyatt, “Sweden had no lockdown but its economy is expected to suffer just as badly as its European neighbors,” CNBC.com, April 30....

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Alex Tabarrok Misstates an Important Issue

On the importance of words. But we are not having a rational discussion about the tools and the investments that we need to reopen the economy. Instead, the people protesting to reopen the economy are also protesting against the use of a key tool to reopen the economy, masks! Welcome to crazy town. So writes Alex Tabarrok in “Save Grandma, Save the Economy,” Marginal Revolution, May 7. I think Alex doesn’t get the importance of the word “the” when he writes about “the...

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