05-27-2020, 01:03 AM
We've had many discussions about the value flattening the curve and saving lives versus opening the economy. Well, a team of researchers have tackled that from a purely economic perspective.
https://www.washingtonpost.com/business/...19-crisis/
Quote:Economists at the University of Wyoming estimated the economic benefits from lives saved by efforts to “flatten the curve” outweighed the projected massive hit to the nation’s economy by a staggering $5.2 trillion. Another study by two University of Chicago economists estimated the savings from social distancing could be so brobdingnagian, “it is difficult to think of any intervention with such large potential benefits to American citizens.”
https://www.washingtonpost.com/business/...19-crisis/
