Through a detailed, real-time narrative, Tom Woods examines the inconsistencies, unintended consequences, and bureaucratic incentives behind lockdowns, mask mandates, and public health messaging. Supplemented by empirical data and firsthand accounts, the lecture highlights the human and institutional costs of the crisis response, while underscoring the Mises Institute’s principled opposition to prevailing narratives.

Recorded at the Mises Institute in Auburn, Alabama, on July 24, 2025.

Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.