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>First, the unprecendented shutdown of a major American city may have increased safety some small bit, but it was not without a cost: keeping somewhere between
by thedaveoflife 14y ago
>First, the unprecendented shutdown of a major American city may have increased safety some small bit, but it was not without a cost: keeping somewhere between 2 and 5 million people from work, shopping, and school destroyed a nearly unimaginable amount of value. If we call it just three million people, and we peg the cost at a mere $15 per person per hour, the destroyed value runs to a significant fraction of a billion dollars.
The assumption being that the people who didn't spend that $15 will not just go out and spend it today?
- raldi 14y ago> The assumption being that the people who didn't spend that $15 will not just go out and spend it today? By that logic, every even-numbered day should be a national day of leisure.