June 8, 2023

COVID is blamed for the vast ruin and destruction of the past few years.

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After all, there were a more than a million deaths in the U.S., mass layoffs, and the destruction of hundreds of thousands of small businesses. There’s been learning loss and speech delays in children, and depression and other mental health crises in teenagers. There’s the massive inflation seen today and a huge surge in the federal debt brought on by federal COVID spending and let’s not even get into the fraud. There’s also the refusal of workers to return to work, the still-empty churches and downtown office spaces, and countless other still-lingering negative effects.

COVID did it. Blame COVID. That’s what the media and the bureaucrats and anyone getting rich off this pandemic do.

Except that it wasn’t that little gift from the lab in Wuhan that did it.

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All of the destruction, according to an important new meta-study (or, study of studies) by noted economists Steve Hanke, Lars Jonung, and Jonas Herby. came from state-enforced lockdowns, not COVID.

The study has now become a book, titled “Did Lockdowns Work,” and it can be downloaded here.

Respected economists have taken note and give their approval.

According to economist Brad Polumbo:

Pandemic-era lockdown policies may “represent the biggest policy mistake in modern times.” At least, that’s the conclusion reached by one of the authors of a major new study examining many government restrictions inflicted upon the public throughout 2020 and 2021. 

An updated, peer-reviewed meta analysis of lockdowns examining 22 relevant studies was just published by the Institute of Economic Affairs. In it, authors Lars Jonung, Jonas Herby, and Steve H. Hanke examined the lockdown policies enacted in the US, England, and Europe and compared them to the light-touch approach enacted in Sweden where minor government restrictions were paired with voluntary action driven by extensive public information and awareness campaigns. 

They find that in the US, extensive restrictions ranging from stay-at-home orders to business closures all combined to only save approximately 4,000 lives. Some particular policies, like gathering limits, actually increased COVID mortality. (As it turns out, much of the COVID-19 spread occurred at home). This is a far cry from the projections used early in the pandemic to justify lockdowns that estimated 2 million American lives would be saved. 

That’s an academically rigorous study and what it found was pathetic. All that destruction through Western society and instead of saving 2 million lives, as the adamant lockdown proponents at the Imperial College of London confidently forecast, the vaunted lockdowns saved … 4,000.

It’s not nothing, but it’s not what they claimed. They said 2 million in the U.S. alone and millions more elsewhere.