16 April 2020, 08:35 AM
jon-nycTop-down vs bottom-up social distancing
Interesting graph shows how quickly people were abandoning restaurants before being ordered to do so.
Some implications here, some are points I’ve made before...
1). All those attempts to quantify economic damage of our policies assume that without the policies we’d have status-quo ante. Clearly that’s not true.
2). We can open up the economy, but that doesn’t mean they’ll come.
3). How much of an experiment is Sweden really? Movie theatres are open, for example, but revenues are down 90%.
16 April 2020, 09:41 AM
ShiroKuroquote:
We can open up the economy, but that doesn’t mean they’ll come.
Yep (well not just this, but all of your comments). We will not be returning to "business as usual" just b/c Trump says the economy is open.
16 April 2020, 10:08 AM
CHASDoes that mean that many people are smarter than are thought to be?