Why Mexico Fears Shutting Down Its Economy to Combat COVID-19 | Mises Wire

The Mexican government is right to be hesitant to shut down Mexican businesses. The distance between a “normal” economy and grinding poverty is a lot smaller in Mexico than in a wealthy country like the United States or Germany. While mandatory lockdowns in rich countries will cause mass impoverishment complete with all the usual mental and physical health problems that accompany it the stakes are even higher in a middle-income country like Mexico.

via mises.org