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Slatestar Codex did an interesting look at it. The entire thread is worth a read. It's taken a little out of context as he's just joking and playing around wit
by nickthemagicman 5y ago
Slatestar Codex did an interesting look at it. The entire thread is worth a read. It's taken a little out of context as he's just joking and playing around with numbers but still interesting to think about.
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Suppose you reopened the economy tomorrow. You tried as hard as you could to put profits above people, squeezed every extra dollar out of the world regardless of human cost. And then you put a 1% tax on all that economic activity, and donated it to effective charity. Would that save more people than a strict lockdown? If a lockdown costs $5 trillion, then the 1% tax would make $50 billion. That’s about how much the Gates Foundation has spent, and they’ve saved about ten million lives. Ten million is higher than anyone expects US coronavirus deaths to be, so as far as I can tell this is a good deal.
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https://slatestarcodex.com/2020/05/18/coronalinks-5-18-20-when-all-you-have-is-a-hammer-everything-starts-looking-like-a-dance/ https://slatestarcodex.com/2020/05/18/coronalinks-5-18-20-wh...