With Anthony Fauci, it’s interesting to think about what might have been. In particular, what might have been had he worked in the market-disciplined private sector as an immunologist. The fairly easy speculation here is that his decades of government work held him back, as they do all who toil without marketplace pressure.
The problem with government service is that being wrong rarely has consequences. As I point out in my new book, When Politicians Panicked, Fauci, Robert Redfield and other medical experts didn’t just mis-analzyze AIDS in the 1980s, they did so in stupendous fashion. Had they been in the private sector, it’s not unreasonable to suggest that their analysis would have been more careful. That is so because you only get so many chances to be incorrect in the real world before you find yourself unemployed.
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