Their estimates show the benefits of social distancing exceed the costs, but they will need to delve deeper The rising economic toll of pandemic-induced shutdowns is fueling suspicions that government leaders are listening too much to epidemiologists and not enough to economists.

That is understandable. Yet if economists were in charge, the policy response probably wouldn’t be much different. While epidemiologists and economists study different problems, their approaches are similar, with a heavy reliance on statistics and an awareness of trade-offs.

Epidemiologists know that extensive social distancing is costly, in terms of forgone wages, damage to physical and mental health, and harm to children’s learning when schools are closed.

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Katie Price opens up on fifth kidnap threat and thinking she was going to die as she was held at gun point

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Trudeau vows Canada’s PPE stockpile policies will be overhauled to prevent waste

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Piers Morgan explains reason for his 'croaky throat' on Good Morning Britain

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Economics vs Epidemiology: Quantifying the trade-off

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