The West is passing up the opportunity of the century

Inoculation, Inoculation, Inoculation

There could be no better advertisement for democracy and free markets than a rapid global vaccination drive

IMAGINE AN INVESTMENT that would earn a return of 17,900% in four years. Better yet, the initial outlay would be easily affordable. Who on Earth would pass up such an opportunity?

To get roughly 70% of the planet’s population inoculated by April, the IMF calculates, would cost just $50bn. The cumulative economic benefit by 2025, in terms of increased global output, would be $9trn