Could It Be

Tyler Cowen on winners and losers of the election.

American democracy: Maybe this one is premature, but so far the U.S. has held a closely contested election under pandemic conditions. Turnout was much higher than usual, and so far there hasn’t been much election-related violence. Could it be that the system really works?

My prediction: things will muddle on, cities will be governed worse, COVID will surge, but there will be a vaccine soon that many won't trust, the progressives will continue to be an annoyance on local issues. My biggest hope is that people on all sides will complain less and build more, but I doubt it will happen.