Arbeitspapier

Hiding the Elephant: The Tragedy of COVID Policy and Its Economist Apologists

In 2020 and 2021, the world witnessed policies that caused enormous net damage to nearly every country. We demonstrate the usefulness of the new WELLBY currency in gauging the costs and benefits of COVID policies and review the contributions of Australian economists to the scholarly and public debates about these policies. Our analysis documents the value of what was destroyed, the weak resistance mounted by the Australian economics profession during this period, and the role played by many Australian economists as apologists for Australia's most catastrophic peacetime economic policy failure. We close with ideas for working towards a better future.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 15294

Klassifikation
Wirtschaft
General Welfare; Well-Being
Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
Role of Economics; Role of Economists; Market for Economists
Thema
COVID-19
economics profession
WELLBY
welfare
health policy
Australia

Ereignis
Geistige Schöpfung
(wer)
Foster, Gigi
Frijters, Paul
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2022

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Foster, Gigi
  • Frijters, Paul
  • Institute of Labor Economics (IZA)

Entstanden

  • 2022

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