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We stand on the precipice of the greatest economic disaster since the Great Depression. It is associated with the exogenous shock of a novel Coronavirus that originated in Wuhan China and quickly spread into a worldwide pandemic. The sequence of events leading to this crisis, not the virus itself, deserves to be called a “Black Swan.” Biology dictates …
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Cycling, walking, flying and e-scooters are all set to feature among a raft of policy announcements. The government has begun announcing a set of measures to ease the coronavirus lockdown, with a number of changes involving modes of travel among them. Transport Secretary Grant Shapps used Saturday’s Downing Street COVID-19 briefing to unveil plans designed …
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Billionaires contribute daily to the “common good”—not only through charity, but through human ingenuity and the progress and prosperity that produces for all of us. ran into a neighbor on the street the other day and we chatted about life at home during COVID-19 and how we are all coping with social distancing. I mentioned …
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“Closely watched and scrutinized projections by University of Washington researchers nearly doubled the expected number of COVID-19 deaths to about 135,000 by August, based on the easing of social distancing measures,” reports The Wall Street Journal. Not really. That’s just a convenient excuse. The estimate was doubled because it was obviously wrong. At the time of …
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The global luxury goods sector is heading for a stunning collapse of up to 35% this year due to coronavirus lockdowns, according to a new study by the Bain consultancy published Thursday. Bain Partner Claudia D’ Arpizio said it would take two to three years to return to 2019 global sales of around 281 billion …
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As Covid Brings New Repression, Democracies Must Push Back. That authoritarian regimes around the world are exploiting the COVID-19 pandemic to tighten their grip on power is not surprising. Unfortunately, a number of democratic and semi-democratic governments are doing the same thing. Left unchecked, the combined actions could result in terrible damage to democracy and …
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Walter Duranty, the New York Times’s Moscow correspondent from 1922 to 1936, was awarded a Pulitzer Prize for his Russian reporting in the early 1930s. Stalin showered him with amenities — cars, luxury apartments, and mistresses — as well as access. In return, Duranty treated Stalin’s Russia with velvet gloves. In the midst of the 1931-1932 famine that …
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For the third time in as many months, far-left CBS News has been caught broadcasting fake coronavirus footage to manufacture a crisis narrative. In March, the fake news outlet was caught using film footage from an overwhelmed hospital in Northern Italy in a report about New York City hospitals. After CBS was busted for this, …
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A Michigan barber, who reopened his shop Monday in defiance of Gov. Gretchen Whitmer’s coronavirus lockdown order, says that even though he was issued tickets that could see him face jail time and fines, he will continue working until police arrest him, Taser him or “Jesus walks in.” Karl Manke, 77, told local media outlets …
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It has become clear that a hard lockdown does not protect old and frail people living in care homes – a population the lockdown was designed to protect. Neither does it decrease mortality from Covid-19, which is evident when comparing the UK’s experience with that of other European countries. PCR testing and some straightforward assumptions …