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COVID-19 lockdowns a ‘mass sacrificial event’
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Perceptions that the economy is stronger than before the coronavirus pandemic are wrong and lockdowns have cost Australia at least $60 billion, according to a Sydney economics professor.
University of NSW economist Gigi Foster said Australian policymakers were responsible for the “greatest economic policy debacle in a generation”, had succumbed to COVID-19 “mania”, and experts who challenged them had been subjected to intimidation and bullying.
University of NSW economist Gigi Foster is a sceptic of lockdowns.
 
The economics profession contributed to the mistakes by refusing to participate in a debate over the costs and benefits of lockdowns, Professor Foster told an economics conference this week.

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