Indeed. Closing all schools is a really stupid idea! "if schools close for around 4 weeks that can multiply the GDP impacts above by as much as a factor of 3, and if they close for a whole quarter by twice that."https://twitter.com/sjwrenlewis/status/1234410582503251973?s=20 …
The main response to this—who takes care of the kids?!—illustrates why it’s a good utilitarian approach. Basically a flat tax on time that encourages higher GDP/hour workers to keep working.https://twitter.com/ModeledBehavior/status/1234478363454197760 …
-
-
-
It makes sense to slow the spread of disease, and schools are a very quick way of spreading the disease. This is a decision for medical experts, not economists.
- 3 more replies
New conversation -
-
-
If closing the schools is meant to slow the spread way down, we should be preprared for it to maybe not work:https://twitter.com/diviacaroline/status/1234380936877228032?s=21 …
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.