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Suppression is Working, R is Declining — Alex Tabarrok

Summary:
The reproduction factor is declining. We need to push it below 1 for the virus to start to fade away and then we can move to safety protocols and mass testing. The problem is that without mass testing, R remains uncertain or "Bayesian." The results so far are "estimates" that will be revised as testing progresses. Marginal Revolution Suppression is Working, R is Declining Alex Tabarrok | Bartley J. Madden Chair in Economics at the Mercatus Center and Professor of Economics at George Mason University, and a research fellow with the Mercatus Center

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The reproduction factor is declining. We need to push it below 1 for the virus to start to fade away and then we can move to safety protocols and mass testing.

The problem is that without mass testing, R remains uncertain or "Bayesian." The results so far are "estimates" that will be revised as testing progresses.

Marginal Revolution
Alex Tabarrok | Bartley J. Madden Chair in Economics at the Mercatus Center and Professor of Economics at George Mason University, and a research fellow with the Mercatus Center
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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