Saturday, May 16, 2020

Re-Opening Narratives Too Short-Term — Brian Romanchuk

As expected, the internet and media is being flooded with re-opening stories, contrasting and comparing the situation in different countries or American states....
From the economic debate perspective, it is way too early to draw any conclusions....
Observed cases will follow with a considerable lag after the essentially random spreading incidents. We will not be able to draw any conclusions about the effects of policy changes (which only have a limited relationship to actual behaviour), given this uncertainty....
When freedom intersects with responsibility.

It doesn't take too many irresponsible people to have a magnified effect under pandemic conditions given a high reproduction rate of a contagious disease, as reflected in the colloquial expression, "going viral."

As I said from the outset, liberal cultures are going to have a more difficult time controlling the epidemic than traditional cultures.

Bond Economics
Re-Opening Narratives Too Short-Term
Brian Romanchuk

6 comments:

Nebris said...

Nature does not care about your civil rights.

Peter Pan said...

Nature does not care about old people who should have procreated by now.

S400 said...

Trump doesn’t care about civil rights and old people. Is he nature?

Peter Pan said...

Trump is human, so it is customary to use culture as a placeholder for nature.
Other than that, yes.

Andrew Anderson said...

Nature does not care about old people who should have procreated by now. PP

I ain't tried much (two-way pickiness at work) but I always ran the risk and would have taken responsibility and I ain't dead yet (69 and Class of 69).

Besides, God trumps Trump and Nature too.

Nebris said...

The good news is a lot of Trump voters are going to die over the next six to twelve months.