Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.
What will be called a public health issue next? Gun violence (been there), transphobia (done that), religion, private schools and home schools? We would not be the first nation to lose its liberties on the installment plan.
This victory is not of one candidate or party over another in this race or that, but rather a resounding ideological defeat of one of the most illiberal and menacing forces we face at the moment: technocracy.
The true cost of covid-19 lockdowns has become so apparent that even WHO officials must now admit these policies lead to mass impoverishment and immense cost in terms of human lives and human health.
Euro governments are planning to use the banking system for widespread bailouts in the wake of the COVID-19 shutdowns. This could bring about a new financial crisis.