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from the lockdowns-were-supposed-to-be-just-one-part-of-defense-at-depth dept.
Economists warn of 'widespread costs' from lockdown:
Blanket restrictions on economic activity should be lifted and replaced with measures targeted specifically at groups most at risk, say economists.
[...] They argue that while the extent to which the lockdown contributed to a subsequent slowing in the rate of new infections and deaths is not easy to estimate precisely, it seems clear that it did contribute to these public health objectives.
However, they say it is "very far from clear" whether keeping such tight restrictions in place for three months until the end of June when they began to be lifted was warranted, given the large costs. They say that the costs of carrying on with such a lockdown are likely to have become significantly greater than its benefits.
Debate over the global dilemma continues.
(Score: 3, Funny) by Aegis on Thursday July 30 2020, @02:15PM (8 children)
I think think it's interesting how Economists suddenly became a trusted group of experts...
(Score: 2) by choose another one on Thursday July 30 2020, @03:41PM (5 children)
> I think think it's interesting how Economists suddenly became a trusted group of experts...
Well they are experts in economics.
By dedicating a large part of your life to learning and doing something and achieving some recognition for it, you become an expert. Many experts of course do take the shorter route of self-proclamation and internet exposure.
But either way, there are experts in homeopathy, reading tea-leaves, astrology, demon sexology, etc. ... and economics.
Which of those experts are of most use in dealing with a global pandemic and should be trusted to do it, is a matter of opinion.
(Score: 2) by The Mighty Buzzard on Thursday July 30 2020, @04:02PM (4 children)
No, they're just credentialed. It's a lot like computer administration/coding certs. Certs don't actually prove you good at anything except taking the cert test.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Thursday July 30 2020, @07:25PM (3 children)
Much like having an email address at a certain website conferring any indication of competence at running the same.
(Score: 2) by The Mighty Buzzard on Friday July 31 2020, @03:50AM (2 children)
Join staff and show me up then.
My rights don't end where your fear begins.
(Score: 2) by hendrikboom on Friday July 31 2020, @12:38PM
How does email at Soylent News work?
I once tried to send email to someone at Soylent News and never got any response or indication that sending it worked. It might as well have been dropped as spam or ignored because the service was not available. Of course it might also have been received as intended but not replied to.
-- hendrik
(Score: 0) by Anonymous Coward on Friday July 31 2020, @03:12PM
Show you up? Why? Showing yourself up is the singular skill that keeps you employed here. I wouldn’t dare suggest greater competence in THAT.
(Score: 2) by JoeMerchant on Thursday July 30 2020, @07:23PM (1 child)
All I read is: Economists don't know what they don't know, warn that big changes may lead to big changes.
🌻🌻 [google.com]
(Score: 2) by The Mighty Buzzard on Friday July 31 2020, @03:51AM
You got the truth of the matter then, which is a rare and beautiful thing to come out of the press of late, in any quantity.
My rights don't end where your fear begins.