Scott Atlas discusses the human and economic costs of the lockdown, as well as the failure to model the impacts of the lockdown in advance of implementation.
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A conversation between PANDA’s Nick Hudson, Russell Lamberti and Peter Castleden about the Politics, Philosophy and Economics (PPE) at play during the Covid crisis.
Currently, we employ a “years of lost life” approach to comparing benefits and harms. This avoids the false dichotomy of “lives versus the economy”. Viruses kill. But the economy sustains lives and poverty kills too.
Our latest estimate is that South Africa’s lockdown will cause a loss of life at least 30x greater than the loss of life it stands to prevent.