We didn’t buy pandemic insurance and can’t forever pretend that we did

Several aeons have passed since I began thinking about covid-19 bailouts (IFG pamphlet out shortly, watch this space), and still I struggle to get my thoughts straight.  During that time, the blogosphere and in particular VoxEU have drenched us in high-speed, quality thought, even as the facts on the ground have shifted at speed.  Just

Will Liberal Conspiracy and the Independent please learn the meaning of “Cost”?

The National Audit Office ought to be reporting: “Tiny investment reaps massive reward for government bailout”.