Suddenly, there is a credible case for a vaccine-led economic recovery. Modern science has delivered what must certainly be one of the greatest miracles of my long lifetime. Just as Covid-19 dragged the world economy into the sharpest and deepest recession on record, an equally powerful symmetry on the upside now seems possible. If only it were that easy. With Covid-19 still raging – and rates of infection, hospitalisation, and death now spiralling out of control (again) – the near-term risks to economic activity have tipped decidedly to the downside in the United States and Europe. The combination of pandemic fatigue and the politicisation of public health practices has come into play at p
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