Little difference in Covid deaths in lockdown states versus free states.
Huge difference in economic damage.
Little difference in Covid deaths in lockdown states versus free states.
Huge difference in economic damage.
Two very good and short articles about marginalism -- and how people ignore it's importance.
The first -- Marginalism - Econlib -- discusses the concept generally. How people confuse "Total Utility" with "Marginal Utility", and the enormous costs of that misunderstanding.
The second-- Maximum Vaccination - by eugyppius - eugyppius (substack.com) - focusses on how so many resources are being spent on trying to vaccinate a high percentage of the population, which will has very little effect on the per capita cases of Covid. The chart below summarizes low correlation between population vaccination rates and Covid.
If there is one chart the sums up the effectiveness of mask mandates, lockdowns and other restrictive measures, it is this one. Lockdowns may give you the illusion of DOING SOMETHING (and they clearly give government control over your life), but they do NOTHING to change the course of a virus.
The states that locked down their economics, obviously had the worst economic performance, but those costs are not even offset by lower mortality rates. NY, NJ, MI, IL and PA had way above average excess death rates. One might have been tempted to cut these governor some slack a year ago, but this has been quite evident for some time. They simply do not want to admit how wrong they were -- and continue to be.