08-24-2020, 08:47 PM
(This post was last modified: 08-24-2020, 08:48 PM by BostonCard.)
https://www.wsj.com/articles/covid-lockd...1598281419
Unfortunately, it is behind a paywall (I think), but excerpting some interesting facts:
![[Image: image.png]](https://www.evernote.com/l/ACzuFim2WOlOf52YiVmZooTRP1M9LLb8BWoB/image.png)
It's clear that opening bars was a colossal mistake given their effect on transmission above. Religious services are surprisingly ok (though there is that wedding in Maine that got 50+ patients infected and at least one person dead). Given their importance, we should invest more in finding a way to reduce transmission in food processing (maybe requiring N95 masks, for example). Schools and universities may be ok. As the article notes,
Universal masking would be a brobdingnagian benefit: "Goldman Sachs Group Inc. estimates a universal mask mandate in the U.S. could now save 5% of gross domestic product by substituting for more onerous lockdowns." The Economist, in a separate article, notes that a single American wearing a mask for a day can help avoid a fall in GDP of $56.14 (I think it is base don the same research from Goldman).
Cheap testing could help too: "Some epidemiologists and economists argue ramped-up testing could enable the economy to reopen safely without a vaccine. Mr. Romer estimates the U.S. could restore $1,000 in economic activity for every $10 spent on tests." Thus, it is particularly galling that we still don't have adequate testing.
BC
Unfortunately, it is behind a paywall (I think), but excerpting some interesting facts:
![[Image: image.png]](https://www.evernote.com/l/ACzuFim2WOlOf52YiVmZooTRP1M9LLb8BWoB/image.png)
It's clear that opening bars was a colossal mistake given their effect on transmission above. Religious services are surprisingly ok (though there is that wedding in Maine that got 50+ patients infected and at least one person dead). Given their importance, we should invest more in finding a way to reduce transmission in food processing (maybe requiring N95 masks, for example). Schools and universities may be ok. As the article notes,
Quote:If schools don’t reopen until next January, McKinsey & Co. estimates, low-income children will have lost a year of education, which it says translates into 4% lower lifetime earnings.
Universal masking would be a brobdingnagian benefit: "Goldman Sachs Group Inc. estimates a universal mask mandate in the U.S. could now save 5% of gross domestic product by substituting for more onerous lockdowns." The Economist, in a separate article, notes that a single American wearing a mask for a day can help avoid a fall in GDP of $56.14 (I think it is base don the same research from Goldman).
Cheap testing could help too: "Some epidemiologists and economists argue ramped-up testing could enable the economy to reopen safely without a vaccine. Mr. Romer estimates the U.S. could restore $1,000 in economic activity for every $10 spent on tests." Thus, it is particularly galling that we still don't have adequate testing.
Quote:Compared to April, “We know so much more.”
BC
