The Coasian Hell series were some of the most popular posts ever on this blog, and I’m quite proud of them, so how about a follow-up? One Coasian objection to the concept might be that the actors in the system can trade their way around to an efficient outcome through side-bargaining between them. This is…Read More Coasian Hell: Back Into Hell
So how much money has the government spent on the contact-tracing programme? Silly question. Everyone knows the number is £12bn. Or maybe £22bn. I am generally sceptical of the National Audit Office; it’s managed to mission-creep into being a general purpose policy evaluation group, but its terms of reference haven’t kept up, so it has…Read More how much do you think we spent on contact tracing?