The two states who trusted their citizens have the least damaged economies!

The American Institute for Economic Research has a comprehensive article on the devastating impact on the American economy of the Covid-19 shutdowns,

Although the pandemic itself may have caused some degree of economic retrenchment, the U.S. policy response at all levels tended to emulate the policies of vastly less market–oriented economies although far better examples were readily available. U.S. states with brief or no lockdown measures (e.g. South Dakota and Nebraska) experienced the smallest degrees of economic damage. And predictably, in industries that are most sensitive to lockdown – small firms generally, where most job creation takes place; service industries, which now dominate the US economy; and more broadly any company with jobs that don’t readily convert to a work-from-home basis – the result is wanton destruction and loss.

Read the whole thing here.