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The Last Pandemic

Reason magazine

|

May 2021

Technological breakthroughs and policy progress mean humanity may never again have to endure a disaster like Covid-19.

- By Ronald Bailey

The Last Pandemic

Microsoft founder Bill Gates cautioned in 2015. The next catastrophically deadly global event, he predicted, was “most likely to be a highly infectious virus rather than a war.”

In 2019, Johns Hopkins researchers issued an even more specific warning. In the article “Characteristics of Microbes Most Likely to Cause Pandemics and Global Catastrophes,” a team led by physician Amesh Adalja identified respiratory transmission as the “mechanism most likely to lead to pandemic spread.” They noted that “diseases that are contagious prior to symptom development” pose the greatest risk, especially if a significant proportion of the human population were “immunologically naïve to the agent,” and that the ability to latch onto common cellular receptors located throughout the human body would make such a pathogen highly infectious. Finally, they singled out RNA viruses emerging from an animal species as the “most probable” cause of such a pandemic.

In a September 2019 report, the Global Preparedness Monitoring Board convened by the World Health Organization (WHO) and the World Bank warned that “there is a very real threat of a rapidly moving, highly lethal pandemic of a respiratory pathogen killing 50 to 80 million people and wiping out nearly 5 percent of the world’s economy.” The authors added, “A global pandemic on that scale would be catastrophic, creating widespread havoc, instability and insecurity. The world is not prepared.”

Reason magazine'den DAHA FAZLA HİKAYE

Reason magazine

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Cracks in the Map

THE IDEA OF carving out territorial exceptions to, or escape zones from, the hand of the nation-state has long captured the imagination of free market enthusiasts. In the 1990s, I was involved in several organizations devoted to the idea, and I witnessed the movement's gradual shift from a pipe dream of libertarian theorists to something attracting serious interest, and investment capital, from entrepreneurs, as libertarian-oriented free ports, special economic zones, charter cities, and even floating maritime cities (seasteads), began to look more politically possible. In 1993, my “free nation” group was meeting in a local North Carolina hotel; by 2011, I was sipping cocktails at a rather swankier “free cities” conference on the resort island of Roatán, Honduras—which, not coincidentally, today boasts its own charter city, Próspera.

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5 mins

October 2025

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DOGE BEFORE DOGE

BEFORE TRUMP HAD ELON MUSK, NIXON HAD HOWARD PHILLIPS.

time to read

17 mins

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Poland Climbs, Hungary Slips

LOOKING BACK ON his career as one of Poland's most prominent economists and political leaders, Leszek Balcerowicz offered a succinct lesson for policymakers everywhere.

time to read

3 mins

October 2025

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PUTIN AND THE D-WORD

IN DONALD TRUMP'S VIEW, VOLODYMYR ZELENSKYY IS A \"DICTATOR,\" BUT VLADIMIR PUTIN ISN'T.

time to read

17 mins

October 2025

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EDUCATING THE WORLD'S BEST AND BRIGHTEST— THEN SHOWING THEM THE DOOR

AMERICA'S STATUS AS A TOP DESTINATION FOR INTERNATIONAL STUDENTS IS AT RISK.

time to read

12 mins

October 2025

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WHY EUROPEANS HAVE LESS

EUROPE IS POOR BECAUSE IT CHOOSES TO BE.

time to read

15 mins

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Let Prisoners Work for Themselves

For nearly two decades, some Puerto Rican prisons allowed a very different sort of prison labor.

time to read

3 mins

October 2025

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What's Special About the Fed?

IN HIS SECOND term, President Donald Trump has tried to fire numerous federal officials, with varying degrees of success. Courts have occasionally intervened, raising questions about the extent of the president's power to terminate employees without cause and which agencies he can and cannot touch. But Supreme Court justices seem unanimous in their belief that the Federal Reserve is its own creature.

time to read

2 mins

October 2025

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Strangling AI, One State at a Time

JUST HOURS BEFORE its passage, the Senate version of the One Big Beautiful Bill Act (OBBBA) cut a proposed moratorium on states enforcing their own AI regulations. Though some regard this as a win for federalism, others argue that the current patchwork represents an abdication of the federal government's jurisdiction over interstate commerce, permits excessive compliance costs to be imposed on the American AI industry, and may ultimately sacrifice the U.S. lead in the field to geopolitical adversaries.

time to read

1 mins

October 2025

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A Spy's Eye View

NOT ALL OF James Bond's gadgets were fictional. In the 1969 movie On Her Majesty's Secret Service, Bond uses a strange-looking metal square to photograph supervillain Ernst Stavro Blofeld’s secret plans. The same metal square appears in the 2013 season of the Cold War-themed show The Americans, when an FBI asset is sent to copy documents in the Soviet Embassy.

time to read

3 mins

October 2025

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