The coronavirus lockdown underscores the foolishness of California’s recent law restricting employers’ use of independent contractors.
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April 29, 2020 | Weekly Newsletter
151 Economists, Scholars Urge Gov. Newsom to Suspend AB-5 ([link removed])
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The coronavirus lockdown underscores the foolishness of California’s recent law restricting employers’ use of independent contractors. An open letter to Gov. Gavin Newsom, signed by 151 economists and political scientists, calls for suspending AB-5 to allow more people to earn more income during the current period of economic uncertainty. READ MORE » ([link removed])
Open Letter to Suspend California AB-5 From 151 Ph.D. Economists and Political Scientists in California ([link removed])
Governments Can’t Plan Economy’s Reopening ([link removed])
By Benjamin Powell (The Orange County Register, 4/17/20)
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Economies are vast networks coordinated by the independent decisions of countless individuals familiar mainly with their own immediate needs and circumstances. Asking government central planners to determine the optimal sequence of steps to reopen the economy is like asking blindfolded air traffic controllers to optimize the flow of traffic on the nation’s highways. READ MORE » ([link removed])
Best Books on the Folly of Socialism ([link removed])
This Pandemic Is Over. Let’s Stop the Economic Suicide, and Get Back to Work ([link removed])
By George F. Gilder (Real Clear Markets, 4/25/20)
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Let’s stop pretending that our policies have been rational and need to be phased out, as if they once had a purpose. They should be reversed summarily and acknowledged to be a mistake, perpetrated by statisticians with erroneous computer models. READ MORE » ([link removed])
[link removed] Why a Pandemic Is Not a Recession ([link removed])
By R. David Ranson
The Governors’ Coronavirus Stranglehold ([link removed])
By Richard A. Epstein (Defining Ideas, 4/20/20)
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The governors’ response to the coronavirus outbreak has become far more dangerous than the disease itself. What is particularly distressing to those protesting the economic lockdown is that the restrictions are remaining or getting even tighter while the threat from the coronavirus is beginning to recede. READ MORE » ([link removed])
The Economy Is Not a Series of Supply Chains ([link removed])
By Donald J. Boudreaux (American Institute for Economic Research, 4/13/20)
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Those calling for the government to prepare for major emergencies by ensuring domestic “critical supply chains” are confused about a host of fundamental economic issues. Moreover, they ignore the threat that we would entirely withdraw from international trade owing to special interests lobbying for protectionist policies. READ MORE » ([link removed])
[link removed] Choice Cooperation, Enterprise, and Human Action ([link removed])
By Robert P. Murphy
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The Beacon: New Blog Posts
* Health, Wealth, and Liberty in the COVID-19 Era ([link removed]) , by Randall G. Holcombe
* Private Enterprise Continues to Flatten the Curve ([link removed]) , by Raymond J. March
* Coronavirus Globaloney ([link removed]) , by K. Lloyd Billingsley
* Is It Time To Let State Governments Declare Bankruptcy? ([link removed]) , by Craig Eyermann
* Pandemic Reading Tips ([link removed]) , by K. Lloyd Billingsley
Catalyst: New Articles
* Power Creep and the Perils of Pandemic Politics ([link removed]) , by Andrew Di Giovanna
* U.S. Should Fund Worthy Public Health Organizations, Not the WHO ([link removed]) , by Ross Marchand
* The State of U.S. Trucking: a Q&A with Rachel Premack ([link removed]) , by Scott Beyer
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