
$169bn for 29,000 lives? Study calculates cost of US shutdowns
There’s little doubt that US government-ordered business shutdowns to stop the spread of Covid-19 damaged the US economy, but the exact cost has not been clear. Researchers from HEC Paris business school and Bocconi University in Milan have reached a sobering calculation: the closures beginning at the pandemic’s onset in March through May saved 29,000 […]