Yet evidence grows that short-term “lockdown” orders have far less effect than we imagine. Restaurants and movie theaters saw a collapse in customers well before any shelter-in-place orders. Data from Safe Graph, a company that tracks foot traffic using mobile phone data, reveals that millions of people had changed their daily routines before they were told to. Sweden is the case study that anti-lockdown advocates point to as a model. But its economy will tank in 2020, its unemployment rate is among the highest in Europe, and every indicator that exists suggests the Swedes have radically altered their daily lives. Read Full Article »
End the Globalization Gravy Train
In t
he present crisis, we find ourselves locked in an interminable debate about whether to “reopen” the economy. To put my cards on the table, I’ve found many of the orders issued by governments—allowing Michigan Home Depots to remain open while preventing them from selling garden supplies, harassing people for reading books in public parks—pretty dumb.
Yet evidence grows that short-term “lockdown” orders have far less effect than we imagine. Restaurants and movie theaters saw a collapse in customers well before any shelter-in-place orders. Data from Safe Graph, a company that tracks foot traffic using mobile phone data, reveals that millions of people had changed their daily routines before they were told to. Sweden is the case study that anti-lockdown advocates point to as a model. But its economy will tank in 2020, its unemployment rate is among the highest in Europe, and every indicator that exists suggests the Swedes have radically altered their daily lives. Read Full Article »
Yet evidence grows that short-term “lockdown” orders have far less effect than we imagine. Restaurants and movie theaters saw a collapse in customers well before any shelter-in-place orders. Data from Safe Graph, a company that tracks foot traffic using mobile phone data, reveals that millions of people had changed their daily routines before they were told to. Sweden is the case study that anti-lockdown advocates point to as a model. But its economy will tank in 2020, its unemployment rate is among the highest in Europe, and every indicator that exists suggests the Swedes have radically altered their daily lives. Read Full Article »
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