COVID - The Great Reset

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I think the psychological biases that we humans have always had, you look at the present and we've never been very good at assessing risks. I believe that this combined in the United States with a historically unpopular president among the media elites and intellectual elites, I think all this was a perfect storm for causing people to use this virus as an excuse for social control. This is all designed by someone, but I think all the incentives were in place such that when people did panic and then the media started playing these images over and over again,. almost as if B-roll, of old people being wheeled.

Economist Don Boudreaux of George Mason University talks about the pandemic with EconTalk host Russ Roberts. Boudreaux argues that a perfect storm of factors created a huge overreaction, including unnecessary lockdowns that accomplished little at a very high cost in physical and emotional health. Instead, Boudreaux argues, we should have focused attention on the population most at risk of dying from COVID--the elderly and especially the elderly with co-morbidities. The conversation includes a discussion of externalities and the insights of Ronald Coase applied to the policies during the pandemic.