Matt Kibbe is joined by economist Donald Boudreaux to try to come to grips with the complete lack of rational risk assessment Americans have displayed with respect to the COVID-19 pandemic. Instead of responding to the virus proportionally to its risk, we’ve chosen to ignore the existence of tradeoffs and take unprecedented measures to lock down the economy. Even many libertarians, who tend to be skeptical of government power and sensitive to unintended consequences, have seemingly forgotten their principles due to a fear that is wildly disproportionate to the actual danger.
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[…] by Matt Kibbe […]