The Real Reason Epidemiologists and Economists Keep
Arguing
Cutting GDP to Counter the Coronavirus Pandemic by Robert Barro
“To oversimplify, think of epidemiologists as experts
who have spent their entire careers preparing to understand and suppress
rapidly spreading disease. Their distinctive intellectual bent is to build
models of transmission and then develop real-world interventions to change the
expected outcome. Their core value is preserving public health….
Unlike epidemiologists, who identify a biological
enemy and try to defeat it without thinking much about the costs, economists
live on trade-offs. It’s an article of faith for economists that there is no
such thing as an absolute value — not even the value of human life. Instead, most economists embrace the hardheaded
reality that helping one person often leaves another less well-off”.
The hard choices covid policymakers face
Cutting GDP to Counter the Coronavirus Pandemic by Robert Barro
History Lesson – Social Distancing Worked in 1918
https://vivekjayakumar.blogspot.com/2020/04/social-distancing-worked-in-1918.html
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We May Be Underestimating the Coronavirus Death Toll
https://www.bloomberg.com/opinion/articles/2020-04-01/coronavirus-italy-shows-we-may-be-underestimating-death-toll
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We May Be Underestimating the Coronavirus Death Toll
https://www.bloomberg.com/opinion/articles/2020-04-01/coronavirus-italy-shows-we-may-be-underestimating-death-toll