Friday, 13 March 2020

pandemic and protection


A pandemic can have useful side effects, one being that it makes us see the costs of protection.

Next up: how do you stop people from hoarding ex ante? Answer, commit that there will not be the usual price controls and rationing ex post.

Thanks to a correspondent for the link.

from The Grumpy Economist https://ift.tt/2TQkJcN

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