At least 44 million Americans have filed for unemployment in the past three months as the lockdown devastated industries such as retail and hospitality. Many who lost jobs were unable to pay their rent or utilities, prompting state and federal governments to issue a...
It is tempting to oppose the harmful effects of COVID-related lockdowns with arguments couched in terms of tradeoffs. We may contend that when public authorities promote the benefits of “flattening the curve,” they fail to properly take into account the actual costs...