Lockdown is expen$ive! What does it buy? (1) Flatten curve at pandemic peak, (2) Delay peak hoping for vaccine (3) Delay peak for time to expand docs, beds, ventilators, tests, apps, etc. Only (1) seems cost-effective to me, but if so, deliberate exposure would also help now.
yeah kinda? i mean, in aggregate people probably do travel and eat out too much?
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What makes you think they do those things “too much”? In what sense? They’re freely choosing to do them, and they know their utility functions..
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And those are nice low income jobs.. Not back-breaking hard labor. Opportunities to socialize.
End of conversation
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