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A Simple Way to Help Keep the COVID-19 Economy Working — Mark Roe

Summary:
If the economy is to be saved before the pandemic wipes it out, it will happen on the public-health front. And here, the least important medically• of the three major biomedical channels now in play may well be the one that could impede economic Armageddon.... • General testing is important medically in developing herd immunity longterm. It is of immediate use economically in determine who can work.As I was driving through Albuquerque this weekend, I saw a billboard advertising free COVID-19 testing at home to anyone requesting it. This should be the standard as soon as it can be implemented practically. Project Syndicate A Simple Way to Help Keep the COVID-19 Economy Working Mark Roe | professor at Harvard Law School See also at PS The COVID-19 pandemic threatens the world with

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If the economy is to be saved before the pandemic wipes it out, it will happen on the public-health front. And here, the least important medically• of the three major biomedical channels now in play may well be the one that could impede economic Armageddon....
• General testing is important medically in developing herd immunity longterm. It is of immediate use economically in determine who can work.

As I was driving through Albuquerque this weekend, I saw a billboard advertising free COVID-19 testing at home to anyone requesting it. This should be the standard as soon as it can be implemented practically.

Project Syndicate
A Simple Way to Help Keep the COVID-19 Economy Working
Mark Roe | professor at Harvard Law School

See also at PS
The COVID-19 pandemic threatens the world with disaster. But the crisis also offers governments a rare chance to undertake policy changes that address the short-term public-health challenge and boost the global economy’s long-term growth potential....
While the Chinese did not actually invent all the interesting sayings attributed to them, it is true that the Chinese phrase for “crisis” consists of a character signifying “danger” and another for “opportunity.”.…
Beating COVID-19 and the Economic Pandemic
Shang-Jin Wei | former chief economist at the Asian Development Bank, now Professor of Finance and Economics at Columbia Business School and Columbia University’s School of International and Public Affairs


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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