Lives saved or deaths postponed? Calculating the cost of lockdowns | Malay Mail

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NEW YORK, June 13 ― While lockdowns undoubtedly avoided large numbers of deaths from the new coronavirus, the repercussions of the pandemic response are expected to blight economies and health systems long after restrictions are lifted. So how can we quantify the costs and benefits of one of the...

Saturday, 13 Jun 2020 09:14 AM MYT

“This is a very difficult calculation to make,” Sarah Burgard, a sociologist at the University of Michigan, told AFP. Even if a figure is reached, decisions over its implications would be “heavily political and ethically complex”. Reflecting on his work two decades later, Ruhm said that in a normal economic slump “when unemployment was high, mortality was low and vice versa”.“We are in an unknown situation,” Ruhm said in an April online talk for the University of Virginia, where he is a professor of public policy and economics.

He said this may suggest that what protects people from the harms of recessions are “strong health systems and social security nets”.

 

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