What happens when governments confuse worst-case scenarios with reality? They transform a health crisis into a social crisis and an economic tsunami, with consequences more severe than the virus could produce in the first place. As I write, hundreds of thousands of...
Governments all over the world are using the alleged threat of a COVID-19 pandemic to shut down the world’s economy. Daniel Lacalle, an authority on energy economics, writes: “The decision to shut down air travel and close all nonessential businesses is now a reality...
One of the most basic and important freedoms is the freedom to engage in commerce. That freedom is under attack from state and local governments demanding that some businesses, often termed “nonessential,” limit or suspend their operations because of the coronavirus.A...