By Jon Miltimore Estimated costs of the coronavirus pandemic are in. The results are not pretty. A new study co-authored by Harvard economist David M. Cutler and former World Bank chief economist Lawrence H. Summers places the costs of the COVID-19 pandemic north of $16 trillion. “The estimated cumulative financial costs of the COVID-19 pandemic related to the lost … [Read more...] about New Study Pegs COVID-19 Crisis Costs at $16 Trillion—So Far
Lockdown
An Attempted Media Sandbag: My Experience
By Jeffrey A. Tucker I’ve got a day job but try to fit in podcasts and television when possible. I don’t always pay super close attention to what’s coming up on the agenda. So the day I sat down for a quick interview on a Turkish TV show, which turned out to be partisan state-run TV, I figured I would be on for a few minutes. And, call me irresponsible, but I didn’t even … [Read more...] about An Attempted Media Sandbag: My Experience
Goodbye Grounded, My Favorite Coffee Bar Destroyed by Lockdowns
By Raymond C. Niles It is now estimated that half of all bars and restaurants in New York City will close forever, as a result of the loss of customers due to fears of Covid transmission, mandatory lockdowns, and the slow pace of reopening. Just a few days ago, the City finally permitted indoor dining, but in only ¼ of available restaurant space. This happens just as colder … [Read more...] about Goodbye Grounded, My Favorite Coffee Bar Destroyed by Lockdowns
Why Principles Still Matter in a Pandemic
By Ethan Yang Oh, how the mighty have fallen. Over the course of six months, the United States as well as the entire world has succeeded in bringing itself to its knees, economically, socially, and politically. It may seem like a lifetime ago but we entered the year 2020 not just as a country but as a global civilization: the richest, freest, and healthiest we have … [Read more...] about Why Principles Still Matter in a Pandemic
The New Fascism
By George Gilder Up here in Maskachusetts, in the Berkshire Hills, we have a new form of fascism that might well be called “phasism” as our Governor Charlie Baker phases out our freedoms and our economic life. Banning music and theater and Tanglewood concerts and tennis tournaments and baseball games and track meets and schools and colleges, he has put his knee on the … [Read more...] about The New Fascism