Monday, March 30, 2020

Coronavirus and Big Government, Part III March 30, 2020 by Dan Mitchell

I wrote about “Coronavirus and Big Government” on March 22 and then followed up on March 27 with “Coronavirus and Big Government, Part II.”
Now it’s time for the third installment, and we’ll start with this hard-hitting video from Reason, which shows how red tape has hindered the development and deployment of testing in the United States.
Next, here are a bunch of stories and tweets about the deadly impact of bureaucracy and regulation.
As with the Part I and Part II, feel free to click on any of the stories for the details.
By the way, the problem of excessive government exists in other nations.
Here are two tweets about the situation in the United Kingdom.
The first one deals with having to get government approval for medical devices.
The second one deals with how politicians and bureaucrats have misallocated public health resources – similarly to some of the foolish misadventures of the FDA and CDC (and let’s not forget the World Health Organization).
I’ll close with another story from the United States.
This report from Reason is especially useful because it contains a 30-minute interview with Professor Alex Tabarrok of George Mason University. So if you liked the short video at the start of this column, you’ll definitely want to click through and watch this video.
The message here isn’t that government shouldn’t exist. As I wrote earlier this month, collective action is appropriate to protect life, liberty, and property. Needless to say, that libertarian principle applies during a pandemic.
But that doesn’t mean government should be micro-managing everything.
In normal times, excessive regulation is a costly nuisance because things cost more and take longer.
In a crisis, however, that means needless death and suffering. Which is exactly what’s happening today.
Let’s hope the folks in Washington learn from this awful experience.
P.S. Another lesson to be learned is the Seventh Theorem of Government.

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