Jay Clayton co-authored an article for Barron’s examining “What We Can Learn From Our Covid-Crisis Failures.” The article noted that now is the time for governments to learn from our successes and failures in responding to COVID. He notes that a fundamental role of government is to assess and improve risk-management practices, and provided four areas of focus:
- Improve real-time public analysis, planning, and decision-making, recognizing that course correction will be necessary
- Draw on expertise and establish public-private partnerships, recognizing that governments did not have all necessary expertise in house
- Modernize and invest in expert agencies, including as a core component of congressional oversight
- Coordinate among governmental authorities, including table top and other planning exercises