From American Enterprise Institute <[email protected]>
Subject AEI This Week: 3 Americas and the pandemic, part I: New York City
Date May 23, 2020 11:14 AM
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The experience of the coronavirus pandemic in New York City has no counterpart elsewhere. No other city or area has anything like New York’s combination of size, density, concentrated elites, and high coronavirus rates, explains Charles Murray.
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The past three months in America provide a taste of life in a socialist economy. Many government actions have eroded private property rights and disrupted the function of markets, unwittingly damaging the American economy, writes Paul Kupiec.
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Evidence suggests that people who entered the pandemic embedded in the thick fabric of communal and civic life have more resources and options for weathering the storm, explains Ryan Streeter.
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Small and midsize businesses have been hit hard by the pandemic, but they aren’t getting the help they need, write R. Glenn Hubbard and Hal Scott. Why, when the CARES Act provides direct assistance to the Treasury to assist these firms?
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Hal Brands writes that when a proud and powerful challenger starts to advertise its global ambitions, Americans should probably err on the side of taking those ambitious seriously.
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RESEARCH SPOTLIGHT
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The authors write that a clear and comprehensive path from early development through effective widespread access to therapeutics is crucial for reducing the enormous ongoing health and economic impact of the pandemic.

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