LESSWRONG
LW

Covid-19Economics
Frontpage

39

The Chilling Effect of Confiscation

by jefftk
25th Apr 2020
jefftk
2 min read
7

39

Covid-19Economics
Frontpage

39

The Chilling Effect of Confiscation
11Ben Pace
8jimrandomh
2[anonymous]
2William Walker
1hg00
3jefftk
-7lc
New Comment
7 comments, sorted by
top scoring
Click to highlight new comments since: Today at 8:56 PM
[-]Ben Pace5y*110

You had to know that from the title I was expected a post about raising children.

Reply
[-]jimrandomh5y80

I have a suspicion that some of these seizures are not actually being done by the federal government, but actually are straightforward robberies where the thieves lie about their identity.

Reply
[-][anonymous]5y20

Foolish, yes. This is what happens when parasitic short-term-focused elements take over and blow up a cooperative system. Happens all the time in symbiotic systems with parasites, cheaters, cancer.

Reply
[-]William Walker5y20

I agree with CellBioGuy. Coincidentally I was a Cell Bio Guy... guess we were hardened by the Incubator Space Wars and their bitter aftermath ;)

Reply
[-]hg005y10

I think this is the best argument I've seen in favor of mask seizure / media misrepresentation on this:

https://www.reddit.com/r/slatestarcodex/comments/g5yh64/us_federal_government_seizing_ppe_to_what_end/fo6pyel/

Reply
[-]jefftk5y30

That comment doesn't address seizures and their incentive effects at all?

Reply
[+]lc5y-70
Moderation Log
More from jefftk
View more
Curated and popular this week
7Comments

The federal government has been seizing mask imports:

  • Three million, on arrival at the Port of New York and New Jersey on 2020-03-18 (Boston Globe)

  • Four hundred thousand, on arrival at JFK airport; 100k on 2020-04-06 and 300k on 2020-04-16 (USA Today, NY Daily News)

  • One million, while in transit to South Florida firefighters last week (The Miami Times, 2020-04-24)

Some states have responded by importing masks and other personal protective equipment (PPE) outside of standard channels:

  • Massachusetts asked the owners of the New England Patriots to import masks on the team plane (Wall Street Journal, Time, 2020-04-02)

  • Illinois chartered multiple FedEx flights (Chicago Sun-Times 2020-04-14, 2020-04-19)

And there's an article in the New England Journal of Medicine about a hospital administrator working to line up a shipment and narrowly avoiding confiscation.

Much more impactful than what these seizures are pushing people to do, however, is what they're pushing people not to do. A hospital administrator or governor who could be prioritizing sourcing PPE has many other things they could focus on, and if the PPE they import has a large chance of getting seized they're going to prioritize those other things on the margin. Independent importers likewise can't risk having their goods seized without payment, as Indutex reported ("Let's not forget I paid $4 million for this product on March 18. I don't have any money and I don't have any product and there's people that are asking for it.") Making deals with factories and prepaying so they can ramp up production is super valuable, and we'll see less of it the more risk there is of having your goods taken.

So much of this crisis has been poorly handled that any individual bit I pick to look at seems like it's not worth focusing on, but this policy is not just foolish, it's foolish in a way that you might have thought conservatives might have avoided? Like, conservatives saying we should avoid lockdowns and let people decide risk for themselves is the sort of policy disagreement I'd expect to have, but using the federal government to grab things, discouraging private initiative and investment, really?