Lockdown: Did the world perhaps overreact? Wall Street Journal

"But, you know, the reality is that we've just destroyed our economy for no good reason," said Nick Hudson in a recent interview with Alec Hogg. The co-ordinator of Pandemic Data and Analytics (PANDA) is of the belief that the lockdown has done more harm than good to South Africa. Discussing the Western Cape seemingly being over its infection peak, Hudson's views emulate those articulated by the Wall Street Journal. Many countries (including South Africa) acted swiftly, perhaps overreacting to the pandemic and enforcing stringent lockdown laws that harmed the economy. In South Africa, President Ramaphosa enforced a strict national lockdown on the 27th of March,  in response to the deadly Covid-19 pandemic. Now, nearly five months after the lockdown was implemented, the economy is suffering badly. Many businesses have collapsed, and taken thousands of jobs along with them. In this piece, Greg Ip looks at the ramifications of the lockdown in various countries, and what it has resulted in. – Jarryd Neves

New thinking on Covid lockdowns: They're overly blunt and costly

By Greg Ip

(Wall Street Journal) – In response to the novel and deadly coronavirus, many governments deployed draconian tactics never used in modern times: severe and broad restrictions on daily activity that helped send the world into its deepest peacetime slump since the Great Depression.

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