New Study Pegs COVID-19 Crisis Costs at $16 Trillion—So Far

Harvard economist David M. Cutler and former World Bank chief economist Lawrence H. Summers: “The economic loss is more than twice the total monetary outlay for all the wars the US has fought since September 11, 2001, including those in Afghanistan, Iraq, and Syria.” 

In their zeal to control society, central planners destroyed the global economy on a scale the modern world has never seen. 


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About The Author

Jon Miltimore

FEE's mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org

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