Four Quick Links for Tuesday Noonish

Why did the countries "most prepared" for a pandemic have the worst outcomes? "Rich countries had the policies in place [but] most refused to enact them for fear of endangering the economy they depended on, and the libertarian policies that underpin it." [twitter.com]

"Libertarianism's attraction is based on ignoring externalities, and cryptocurrencies are no exception." [blog.dshr.org]

"The megadrought in the American Southwest has become so severe that it's now the driest two decades in the region in at least 1,200 years, scientists said Monday, and climate change is largely responsible." [nytimes.com]

Why does the US government stockpile so much cheese in huge caves underneath Missouri? Because the US subsidizes the dairy industry, resulting in massive overproduction in an age of falling consumption. [blog.farmlinkproject.org]

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