Wednesday, April 1, 2020

Statistical cost of a death

Do not use that unit, it cancels with lives saved and births increased.  Use the short term costs of the medical system adapting to a pandemic.

The optimum sandbox economist would be betting the covid trials for symptom suppression. Let price gouging happen, bring up the economy where sanitation costs are justified. Make a trading pit, OK call it funding pit, and bet the covid trials. The focus is on shortening hospital says, reduce death rates via trials. Households and firms have to learn the virus avoidance methods.

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