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Why we must not persist with this lockdown

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A basic principle of consumer behaviour drawn from microeconomics is that individuals should allocate resources across items of consumption to equalize the marginal utility derived per rupee spent.

The same principle can be applied to optimizing public health expenditure as well; we should aim to equalize the public good derived from the last rupee spent across disease types.

When there is greater ‘bang per buck’ for Disease A as compared to Disease B, resources should be moved away from B to A. Of course, evaluating public good derived from a certain outlay is not easy.

But the principle gives us a valuable framework of thought to assess if public finances are being managed efficiently. While it is true that India has made significant

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Australia pips Sri Lanka in Super Over, takes 2-0 series lead
Josh Hazlewood conceded just five runs in the Super Over as T20 World Cup champion Australia edged Sri Lanka on Sunday after the second game of their series finished in a tie.Australia Innings:Australia was sent in to bat in Sydney and posted 164 for 6, with Josh Inglis scoring 48 from 32 balls to lead the scoring.Dushmantha Chameera took 2 for 30, including wickets with consecutive balls in the 19th over to remove Steve Smith (14) and Marcus Stoinis (19), and Wanindu Hasaranga returned 2 for 33.Sri Lanka Innings:Sri Lanka was always behind in the run chase after losing wickets in the first, third and fifth overs to slip to 25 for 3, but opener Pathum Nissanka’s 73 from 53 deliveries kept the visiting team in contention.Sri Lanka needed 46 from the last 18 balls for victory and, when Hasaranga was run out for 34 on the last ball of the 19th over, still needed 19 off the last over from Stoinis to win the match and level the series.They scored 18 , with Maheesh Teekshana hitting the second ball he faced for six and Chameera hitting a four down the ground on the last ball to level the scores.Super Over :With the Super Over in play Hazlewood, who returned 3 for 22 in his four overs in regulation, bowled two dot balls and a bye, which resulted in Dinesh Chandimal being run out by a direct hit from Glenn Maxwell as Sri Lanka slipped to 1- 1. The Sri Lankans managed to get to 5 for 1 after six balls.Maxwell took a single off Hasaranga from the first ball of Australia’s Super Over and Stoinis did the rest, driving down the ground for consecutive boundaries to secure the victory with three balls to spare.
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