The most brutal way of understanding a pandemic in economic terms is to view humans as “widgets”
lockdowns can be thought of as recalling a defective product
the value of humans is marked down, leading to an economic crash
through a mixture of vaccination and infection, we create covid-proof humans. Some of the non-covid-proof humans die. In order to avoid the law of diminishing returns we need lots of different production methods. The hot mess of vaccination/restrictions being loosened to get more people infected is a feature, not a bug
eventually most humans will be either dead or covid-proof
The most brutal way of understanding a pandemic in economic terms is to view humans as “widgets”
lockdowns can be thought of as recalling a defective product
the value of humans is marked down, leading to an economic crash
through a mixture of vaccination and infection, we create covid-proof humans. Some of the non-covid-proof humans die. In order to avoid the law of diminishing returns we need lots of different production methods. The hot mess of vaccination/restrictions being loosened to get more people infected is a feature, not a bug
eventually most humans will be either dead or covid-proof