Daniel Gros, 12 November 2020

In the autumn of 2020, many European governments are imposing ‘lockdowns light’, which usually contain limitations on the operations of restaurants, bars, and some shops considered non-essential.  This column argues that pandemic control cannot be limited to lockdowns. Activities like providing restaurant meals or retailing increase the risk of infection and thus involve a large difference between private and social cost.  The efficient solution to this problem would be incentives for shop and restaurant closures, rather than mandated lockdowns.

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