We Don’t Need a Cure to Reopen

We Don’t Need a Cure to Reopen

Back on March 19th, 2020, I pointed to this piece by Pierre-Olivier Gourinchas at my blog – Coordination Problem — where he states very clearly the reality constraint in public policy deliberations in the current coronavirus crisis. Without committing one way or another on the debate over the epidemiology models being used, I thought, and still think, this way of putting it could serve as a very useful point of departure for serious conversations about trade-offs, short-run/long-run, and public policy in a liberal society. By now you have seen these graphs numerous times, but they are still...

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Robert Tollison and Operationalizing Public Choice

1 Introduction Anyone who knew Robert Tollison also knew his love of sports. He was a great sports fan as well as a great sports analyst. For many years, he continued to play pickup basketball with graduate students. When I was a graduate student, I played basketball regularly with Bob, and when I came back a decade later as I was deciding to move back to George Mason University, I went and played ball with Bob over at the field house. I hadn’t played full court basketball in 10 years, but that day I did—it wasn’t pretty for me as I struggled to keep up. But our team stayed on the court...

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