was honored to be invited to Hillsdale College to provide an overview
of my work on pandemic policy and lockdowns. Modeling played a crucial
role. In that sense, pandemic policy seems to have repeated many errors
that afflicted economics in decades past. This lecture assesses the
predictive merit of these models and their speculative attempts to
manipulate and mitigate viruses through coercive policies.
My argument traces the evolution of epidemiology of traditional
public health wisdom into the deployment of “non-pharmaceutical
interventions” that presume all kinds of knowledge to which scientists
do not have ready access. The results in this case are not different
from the results of economic central planning.
Phil Magness is a Senior Research Fellow at the American Institute for Economic Research.
He is the author of numerous works on economic history, taxation,
economic inequality, the history of slavery, and education policy in the
United States.
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