As most countries, including Lesotho, are dealing with the second wave of coronavirus, policymakers are faced with a trade-off between maximizing social distancing measures to suppress the disease and the need to maintain some sense of normal economic activity. Some pundits claim this to be a classic example of equity-efficiency trade-off in economic policies. As an “expert” in Economic Analysis and Policy what do you think?

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST4: Keynes And Hayek: Contrasting Views On Sound Economics And The Role Of Government
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As most countries, including Lesotho, are dealing with the second wave of coronavirus, policymakers are
faced with a trade-off between maximizing social distancing measures to suppress the disease and the need
to maintain some sense of normal economic activity. Some pundits claim this to be a classic example of
equity-efficiency trade-off in economic policies. As an “expert” in Economic Analysis and Policy what do
you think?

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