Since responding to Toby Young's article here I've come across a few interesting US papers on the economics of pandemics. These studies (which have also been picked up elsewhere) support the view that the coronavirus lockdown is indeed 'worth it'... First, a cost-benefit analysis of social distancing for the US, which suggests that the benefits … Continue reading Is it worth it? a brief PS…
Tag: cost-benefit analysis
Is it worth it?
Toby Young has been given plenty of stick for an article which asked whether the UK government has overreacted to the coronavirus crisis by locking down the economy, and which concluded that it had. In my view, he was right to pose the question, but gave the wrong answer. The thrust of his argument is … Continue reading Is it worth it?
Plain-speaking Economics 