Paul Romer on the Pandemic

Instead of measuring Covid-related deaths as a proportion of the infected population, we are measuring it as an average percentage of people who got diagnosed, the demographic that is skewed towards much older age.

The death rate for folks under 40 is incredibly small, vs. those over 70 where the rate is high.

If we want to get over this pandemic, it would be ideal if we could figure out how to let the population in danger to remain isolated, while everyone could go on with life as usual.

Due to regulations and approvals, we are in a short supply of conventional tests. Meanwhile, new kind of tests are not being approved, or if approved, then severely restricted in how they are being used.

We have to face the fact that viruses will spread faster than ever before. People want to move around, and it would be un-American to constrain our freedoms.

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