Research suggests the coronavirus pandemic's greatest impact is due to people changing their behaviour voluntarily. So we may be overestimating the costs of government restrictions.
To control the COVID-19 pandemic through random testing would require about 6.5 million test a day. Using group testing and machine learning could get that number down to fewer than 40,000 day.
We judge the competency of politicians by what they say and do. This creates perverse incentives for even competent politicians to refuse to admit mistakes.
Competition in the marketplace for ideas is different to competition in the market for ordinary goods and services. Bad ideas don't necessarily get trashed.