BallsMahoganey t1_iyosgey wrote
That's awesome. It's a shame we don't have a more recent pandemic to study the economic effects of public health interventions...
jeeb00 t1_iyp9ohj wrote
Don’t worry, I’m sure recent events will all be reviewed in a study on pandemics and the economy in 2122.
NotAnotherEmpire t1_iyqobzj wrote
With modern information flow it seems that the greatest impacts, short of hard lockdown, are people reacting to the disease. Big hits to activity in 2020 tended to both be independent of most policy and preceded the orders.
E.g.
https://bmcpublichealth.biomedcentral.com/articles/10.1186/s12889-021-10676-1
Domestic US Air travel for example dropped more than 70% but this was never officially restricted.
https://www.sciencedirect.com/science/article/pii/S2590198220301883
Meanwhile, social distancing advisories and stuff like 50% capacity - especially without requiring effective masks - are also probably too confusing and definitely too weak to stop something like COVID.
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