The political economy of the COVID-19 pandemic

Peter Boettke, Benjamin Powell

Research output: Contribution to journalArticlepeer-review

36 Scopus citations


We argue that the policy response to the COVID-19 pandemic by all levels of government around the world is not consistent with recommendations from standard welfare economics. Thus, it is important to ask why such policies have been adopted. That opens the door to examining the political economy of the COVID-19 pandemic. This requires examining the incentives and information that confront policymakers and voters and the institutional environments that shape their incentives and information. This lead article frames questions addressed in the remainder of the symposium.

Original languageEnglish
Pages (from-to)1090-1106
Number of pages17
JournalSouthern Economic Journal
Issue number4
StatePublished - Apr 2021


  • COVID-19
  • pandemic
  • political economy
  • public choice
  • transmission externality


Dive into the research topics of 'The political economy of the COVID-19 pandemic'. Together they form a unique fingerprint.

Cite this