Life vs. Money: Loss and recovery determined by reaction speed to COVID-19 crisis
By Joshua Aizenman, Professor of International Relations and Economics, University of Southern California – Dornsife College of Letters, Arts and Sciences If cities across the U.S. had moved just one week faster to shut down restaurants and businesses and order residents to stay home, they could have avoided over 35,000 coronavirus deaths by early May, new research suggests. If they had moved two weeks earlier, more than 50,000 people who died from the pandemic might still be alive. Those U.S. estimates, from a modeling study released May 20 by researchers at Columbia University, came to similar conclusions that I...
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