The U.S. economy is in freefall, as a month of COVID-19 economic lockdowns has driven tens of millions into the unemployment lines. But how do we begin to restore the economy without sacrificing public health?
In mid-April, the Foundation for Research on Equal Opportunity (FREOPP) put out a plan to do just that. On this episode of American Wonk, three of the plan’s co-authors—Lanhee Chen of the Hoover Institution, Bob Kocher of Stanford, and Avik Roy of FREOPP—talk about their approach.

The group warns that we may be far away from scaling up testing, or developing effective treatments for COVID-19, and that we therefore have to think about ways to reopen the economy even if the pandemic endures.

You can read the full plan at FREOPP.org, and a summary of the plan at the Wall Street Journal.

Subscribe to American Wonk in Apple Podcasts (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in Apple Podcasts or by RSS feed.

Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing.

There are 2 comments.

Become a member to join the conversation. Or sign in if you're already a member.
  1. ToryWarWriter Thatcher

    I think we could open up a lot of business’s especially the small ones, if we went to an appointment based system.

    Eliminate walk ins off the street, and allow people to go to shoe stores, clothing shops, electronics, games stores, by letting the owners open up to appointments, where they can control the number of people in there store and take appropriate measures to safe guard there clients and themselves.

    Get rid of walk ins welcome mentality and allow for small businesses to open back up in small ways.

    We need to have out of the box thinking and ways to get ideas like mine into the hands of policy makers, because this incredible top down approach is making things worse.

    • #1
    • April 27, 2020, at 9:06 AM PDT
    • Like
  2. Architectus Coolidge

    ToryWarWriter (View Comment):

    I think we could open up a lot of business’s especially the small ones, if we went to an appointment based system.

    Eliminate walk ins off the street, and allow people to go to shoe stores, clothing shops, electronics, games stores, by letting the owners open up to appointments, where they can control the number of people in there store and take appropriate measures to safe guard there clients and themselves.

    Get rid of walk ins welcome mentality and allow for small businesses to open back up in small ways.

    We need to have out of the box thinking and ways to get ideas like mine into the hands of policy makers, because this incredible top down approach is making things worse.

    Going to an appointment system for all commerce sounds very “top down” to me, especially if enforced once this idea gets “into the hands of policy makers.” How about an American way approach, consistent with liberty and freedom and personal responsibility: Each business develops their own approach, consistent with their business (which they know better than any policymaker), and each customer makes their own decisions about shopping consistent with their personal situations (which they know better than any policymaker). We don’t want business survival and personal welfare “boxed in” by faceless bureaucrats, who have no stake in the outcome. Please, let’s not have a Jimmy Carter revival… 

    • #2
    • April 27, 2020, at 10:04 PM PDT
    • 2 likes