Economists have long known about regulatory barriers to speedy vaccine development.
NRPLUS MEMBER ARTICLE L ast March Dr. Fauci explained to a Senate committee that “a vaccine . . . will take at least a year or year and a half” until it is administered to the general public. In his next testimony, he added, “I don’t give advice about economic things.” If Dr. Fauci had paid more attention to economics, at least what had reached his own inbox in the prior year via the White House staff secretary, he would have understood how different vaccine development during a pandemic would be, and should be, from that in normal times.
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