AUDIO ONLY

Supporters of President Trump storm the US Capitol; Congress mulls how to punish the president for the rioting; Big Tech cracks down on Trump and conservative social media—and we still have a full-blown pandemic. Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane discuss whether the confluence of events qualifies as a snafu (“situation normal, all fouled up”) or a more ominous fubar (“fouled up beyond all recognition”).

Prices contain vital information. Too often, governments interfere with them. In an attempt to protect consumers, politicians mandate lower prices. Other times, governments push prices up to benefit certain industries. These efforts might be well intentioned, but they distort the information that prices convey and tend to make us poorer.

From Alex Tabarrok at Marginal Revolution, quoting Marty Makary, M.D., a professor of surgery and health policy at the Johns Hopkins University School of Medicine: ...the FDA needs to stop playing games and authorize the Oxford-AstraZeneca vaccine. It’s safe, cheap ($2-$3 a dose), and is the easiest vaccine to distribute. It does not require freezing and is already approved and being administered in the United Kingdom.