I have to say that I always assumed masks were very important in certain circumstances and therefore could be useful in others. How to get people to see the nuance was the challenge. Masks needed to be allocated by central planning, not markets.https://twitter.com/paulg/status/1239882722987798532 …
The government should have stockpiled masks for emergency use, if you want to call that central planning. But I bet you that markets will respond very rapidly to supply masks for individuals.
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Yes. The issue is that for a private sector to prepare, they need to be able to price hike when demand hikes. But that is what we don’t want. Central planning does not mean full control but aggressive contracting in this case.
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Masks are relatively easy to stockpile though. It is the other stuff that presents a problem right now.
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Government is good now ?
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I will believe that this, a large enough supply of masks, plus scaling testing technology (quantity & timewise) will help the West to defeat
#COVID19 in the course of the next two months. However, in the meantime we will see ugly things...Thanks. Twitter will use this to make your timeline better. UndoUndo
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