Looks Like a Conspiracy But is Not a Conspiracy. Big Pharma or Big Government?

5 Pages Posted: 21 Aug 2023

See all articles by Konstantin Yanovskiy

Konstantin Yanovskiy

Shomron Center for Economic Policy Research

Yehoshua Socol

Jerusalem College of Technology

Date Written: August 2, 2023

Abstract

From the very beginning, the COVID-19 crisis management could have hardly been considered rational. This anti-scientific and seemingly illogical assault on freedom worldwide appears to be a highly coordinated and even pre-planned action. Many authors have suggested that Big Pharma took over governments through direct and indirect bribery, as they were the immediate beneficiaries of these policies. We claim that (1) there was probably no conspiracy and that (2) big government, not Big Pharma, was the main driving force behind the chosen way of the response. Bureaucrats of big caring governments over the world do not usually need explicit coordination to make perfectly coincident or perfectly complementary moves against their societies and against individual rights. Common interests, strong incentives, and classified knowledge make special coordination efforts unnecessary in the huge majority of cases perceived as a result of perfect coordination.

Keywords: COVID-19 management, conspiracy, Big Government, bureaucracy, collective actions coordination

JEL Classification: D72, D73, D78

Suggested Citation

Yanovskiy, Konstantin (Moshe) and Socol, Yehoshua, Looks Like a Conspiracy But is Not a Conspiracy. Big Pharma or Big Government? (August 2, 2023). Available at SSRN: https://ssrn.com/abstract=4529598 or http://dx.doi.org/10.2139/ssrn.4529598

Konstantin (Moshe) Yanovskiy (Contact Author)

Shomron Center for Economic Policy Research ( email )

Kley Shir 8
Karney Shomron, 44855

Yehoshua Socol

Jerusalem College of Technology ( email )

Havaad haLeumi
Jerusalem, 4485500
Israel

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