Will Aggressive COVID-19 Control Measures Cost More Than They Are Worth?

“When government agencies consider imposing regulations aimed at protecting health or safety, they routinely take into account not only the number of deaths that might be prevented but also the cost of doing so. That makes sense, because finite resources spent to reduce one kind of risk, depending on the payoff, might better be spent or invested elsewhere, possibly in ways that would save more lives. But in the face of the COVID-19 epidemic, politicians seem to be proceeding on the dangerous assumption that cost-effectiveness does not matter.”  Jacob Sullum, “Will Aggressive COVID-19 Control Measures Cost More Than They Are Worth?” Reason, 3/18/2020.

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