The president wants America’s economy to resume as soon as possible, setting off another culture war with hundreds of thousands of lives and billions of dollars on the line.
, knowing that no one would advocate shutting the economy to stop such losses. “Negative effects on the economy create lots of misery for people,” says Harvard professor Jeffrey Miron, a former fellow at the libertarian Cato Institute. Adds David Friedman, a retired Santa Clara University professor and son of free-market apostle Milton Friedman: “The government shutting down the economy or freezing the economy or printing $2 trillion to give to people doesn’t make a whole lot of sense.
“I would love to see life going back to normal,” says Luciana Borio, a physician and the former chief scientist at the FDA, who served on Trump’s National Security Council, planning for worst-case scenarios like these until she left when the president dismantled the group’s team of health experts. “I think we should try to do everything we can to bring it back to normal as soon as is feasible and responsible to do so. We shouldn’t sit and wait a second longer than it’s needed.
It’s all a false dichotomy. Business and science aren’t zero-sum, the same way that solving climate change should be viewed as an extraordinary investment opportunity rather than a cost. Great science blossoms under entrepreneurial capitalism. Great business is based on reason and data.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How Running, Fitness, and Recreation Companies are Responding to CoronavirusSeveral businesses have promised to support their employees as well as others struggling during this time.
Baca lebih lajut »
Scaramucci: A coronavirus recovery could turn Trump into a 'war-time president' that wins in NovemberScaramucci says the president has done &39;a 180-degree turn&39; on the handling of the coronavirus COVID-19 pandemic.
Baca lebih lajut »
Trump Is Back to Waging War on Science, at the Worst Possible MomentThe fragile truce between Trump and public-health authorities is suddenly on the precipice of coming undone
Baca lebih lajut »
FACT CHECK: Trump Compares Defense Production Act To NationalizationFact Check: The Defense Production Act provides a lot of benefits -- boosting production of scarce materials and controlling distribution of them -- but the government can't fully take over companies.
Baca lebih lajut »
Trump Shuns Use of Law Allowing Control Over ManufacturersPresident Trump continued to resist calls to use a federal wartime law to mandate the production of additional medical supplies because he said he is concerned about nationalizing American businesses.
Baca lebih lajut »
Editorial: Climate change is just as real as COVID-19. Now's the last, best chance for our government to treat it that wayEditorial: Climate change is just as real as COVID-19. Now's the last, best chance for our government to treat it that way (via latimesopinion)
Baca lebih lajut »