Joseph Stiglitz | Project Syndicate | September 7, 2021

In a pandemic, one person’s actions affect the well-being of others. And whenever there are such externalities, the well-being of society requires collective action: regulations to restrict socially harmful behavior and to promote socially beneficial behavior.

Why is that? And what can be done about it? These are the questions that Nikhar Gaikwad, Assistant Professor of Political Science at Columbia University, and Gareth Nellis, Assistant Professor of Political Science at the University of California, San Diego, have sought to examine in much of their research.


Originally published by Project Syndicate. Read the full article here.