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As I said in the original comment, I don't know that I agree with the article. I'm just trying to engage with it logically. I would imagine tens of millions of
by kvee 7y ago
As I said in the original comment, I don't know that I agree with the article. I'm just trying to engage with it logically.
I would imagine tens of millions of deaths might trigger a recession, but it's hard to say.
It seems that throughout history some pandemics have wound up being good for the economy: https://news.ycombinator.com/item?id=22572317 https://news.ycombinator.com/item?id=22572317
Also, note that the quote "if there’s a recession as bad as the last one, it could be even worse for well-being than tens of millions of deaths" is not saying that there will be tens of millions of deaths. It's instead saying that the hit to well-being, quantified in QALYs, is greater than tens of millions of deaths.