Less ‐​Costly Ways to Reduce the Harm of COVID-19 Without Travel‐​and‐​Immigration‐​Bans

ConclusionA mix of the policy options above, from Pigovian taxes and subsidies to small changes in property rights as well as reducing ignorance and other regulatory changes at airports, could have a large effect in reducing the spread of COVID-19 at a very low cost. Extreme options like travel ‐​and‐​immigration‐​bans might be appropriate if the expected cost of COVID-19 climbs beyond a certain point, but less ‐​costly policies should be tried first. In other words, let’s have TSA agents squirt hand sanitizer into the hands of all travelers before closing the airports.
Source: Cato-at-liberty - Category: American Health Authors: Source Type: blogs