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Opinion

Waiting for a Vaccine May Be Impossible; If So, Open the Economy Now

Waiting for a Vaccine May Be Impossible; If So, Open the Economy Now
King Street West, a major commercial and entertainment district in Canada's largest city, has been hit hard by the COVID-19 pandemic, in Toronto on April 23, 2020. Emma McIntyre/Getty Images
Peter St Onge
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Commentary

The New York Times ran an in-depth timeline on April 30 estimating it could take up to 15 years to develop a vaccine for the COVID-19 virus. Noting that recent vaccines have taken between 11 and 28 years to develop, even with generous assumptions and perfect luck, NYT hopes this could somehow come down to just over two years, so June of 2022.

Peter St Onge
Peter St Onge
Author
Peter St Onge is an economic research fellow in the Roe Institute for Economic Policy Studies at The Heritage Foundation. He holds a doctorate in economics from George Mason University and is a former professor at Taiwan’s Feng Chia University. He blogs at Substack.com/@profstonge.
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