Monday, 17 August 2020

Why Americans Should Adopt The Sweden Model On COVID-19

 ZeroHedge

Conclusions

The data suggest that lockdowns have not prevented any deaths from covid-19. At best, lockdowns have deferred death for a short time, but they cannot possibly be continued for the long term. It seems likely that one will not have to even compare economic deprivation with loss of life, as the final death toll following authoritarian lockdowns will most likely exceed the deaths from letting people choose how to manage their own risk. After taking the unprecedented economic depression into account, history will likely judge these lockdowns to be the greatest policy error of this generation. Covid-19 is not going to be defeated; we will have to learn how to coexist with it. The only way we can learn how best to cope with covid-19 is to let individuals manage their own risk, observe the outcomes, and learn from mistakes. The world owes a great debt to Sweden for setting an example that the rest of us can follow."

 

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