stiglitz294_JOSEPH PREZIOSOAFP via Getty Images_vaccineprotest Joseph Prezioso/AFP via Getty Images

COVID-19 and Human Freedom

In a pandemic, one person’s actions affect the well-being of others. And whenever there are such externalities, the well-being of society requires collective action: regulations to restrict socially harmful behavior and to promote socially beneficial behavior.

NEW YORK – The upsurge of COVID-19 cases, hospitalizations, and deaths in the United States serves as a bitter reminder that the pandemic is not over. The global economy will not return to normal until the disease is under control everywhere.

https://prosyn.org/KzcY80M