Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Support for Lockdowns: A ‘Bootleggers and Baptists’ Phenomenon
American Institute for Economic Research ^ | June 8, 2021 | David McGrogan

Posted on 08/09/2021 12:11:02 PM PDT by E. Pluribus Unum

One of the most striking characteristics of ‘lockdownism’ – though one which, seen in the cold light of day, is hardly surprising – is that support for it has been generated through confluences of interests. The most obvious example of this is the way in which the aims of public health bodies (preventing excess deaths) have aligned so closely with those of certain big, incumbent market actors, such as supermarkets, social media giants, and online marketplaces (that is, profit). Lockdowns appear to suit those with self-consciously virtuous motives; they also very often suit those who want to make money. When people stay at home, they stop the virus spreading – but they also spend more time online, buy more from online stores, and rely on big ‘essential’ supermarkets rather than small, independent ‘mom and pop’ nonessential retail.

In light of this, are we at all surprised that it is very often the big social media firms, streaming services and the like that have been most strongly in favor of restrictions? There is nothing conspiratorial about this, nor probably even anything intentional. It is just the straightforward application of one of the most fundamental lessons of classical economics: incentives matter, and the incentives of these actors just tend to point in the same direction. It’s not that these businesses consciously support lockdowns due to a naked profit motive, in other words; it’s simply that their incentives to reject lockdownism are not strong, or are lacking entirely, because their interests are not in conflict with it.

(Excerpt) Read more at aier.org ...


TOPICS: News/Current Events
KEYWORDS:

1 posted on 08/09/2021 12:11:02 PM PDT by E. Pluribus Unum
[ Post Reply | Private Reply | View Replies]

To: E. Pluribus Unum

‘Bootleggers and Baptists’ are not mutually exclusive....................


2 posted on 08/09/2021 12:14:39 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

which is why i go out of my way to shop only at mom and pops and bypass the amazons and walmarts on line.


3 posted on 08/09/2021 12:34:21 PM PDT by dadfly
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson