Uncurbed COVID would cost more lives than economic shutdown

The economic shutdown is worth the price of the recession in terms of lives saved, according to new research.

“We hope that a lives-to-lives comparison allows for discussion about the wisdom of the economic shutdown, uncluttered by differences in people’s beliefs about the value of human life.”

The debate over the coronavirus economic shutdown splits largely along partisan lines, with conservatives arguing the emotional stress of recession outweighs the lives saved, while liberals say it’s necessary to protect the most vulnerable citizens.

Here, economist Olga Yakusheva, an associate professor at the University of Michigan School of Nursing and School of Public Health, discusses the working paper on the topic:

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