The Day After Tomorrow
As in the interwar period, the COVID-19 pandemic will confront policymakers with the unenviable task of deciding when to declare the emergency over, and how to distribute the costs. The lesson from history is that the longer this debate is avoided, the worse the outcome will be for everyone.
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PRINCETON – When (and how) to end the COVID-19 lockdown has become the leading political question in every afflicted country. German Chancellor Angela Merkel has gone so far as to describe the increasingly intense debate as a collection of “discussion orgies.”