Yesterday the Mises Institute published a brilliant article titled “End the Shutdown” [which I have included below], making the point that continuing the “house arrest” of Americans and the shutdown of the economy will have much worse consequences than the coronavirus itself.
With the infection to fatality ratio at about the rate of the seasonal flu (as per a new Lancet study), is the continued destruction of American economic and social life worth it?
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Compare this current situation with WW-II epic battles and ask: "What if the troops storming the shores at Normandy had "shut-down" till the Germans had stopped firing"?
ReplyDeleteBecause of their safe space time needed.
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