I think they made two early tactical errors that made it difficult to formulate a comprehensive strategy. (1) lack of early and widespread random texting meant they didn’t understand the scale of the problem. They had only dim idea of speed of spread and of asymptomatic ratio.
(2) by design, they set up silos of expertise that seem to have had minimal mutual communication and coordination. Each would give independent advice on different aspects, and each largely ignoring effects of recommendations on other domain.
I do not want to ignore the tactical missteps as I think they are sufficiently legio to explain many of our problems, even if we disregard the apparent lack of strategy.
As for strategy, I have to heed my own advice and not oversimplify. Overall, some kind of cost benefit analysis is inescapable and even desirable. The shape of restrictions, in most work that I’m aware of, roughly follows the underlying dynamics of the disease.
So stronger suppression when numbers increase. I suspect that they started too late, eased too much and too early. From casual observation, there was very little social distancing over the summer months.
Low hanging fruit would have been to actually implement the rules that were imposed. Police seem to have been reluctant to do this, imposing penalties only for extreme violations. More should have been done to create precedents. This worked in Greece.
I also think more generous support should have been given to aid self-isolation. Statutory sick pay etc. In deciding on sums, it seems that health benefits complete ignored.
Last, in cost benefit calculations, should also consider likely scenarios with waning immunity, which greatly increase benefits of suppression. This would give more accurate picture of tradeoffs.

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More from @toxvaerd1

1 Nov
In discussing control measures, many people think in terms of intratemporal tradeoffs (health vs wealth), while most economists think also about the intertemporal tradeoffs (health AND wealth today vs health AND wealth tomorrow). 1/17

#EconTwitter #EpiTwitter #lockdowns
I think the latter are more important than the former, but very difficult to articulate in a punchy way. What also complicates things is that we face intertwined disease and economic dynamics. 2/17
Leaving aside disease dynamics, shocks to the economy have complicated effects. Amplification effects can lead shocks to one part of economy to influence other parts and then back again. Propagation effects mean that shocks have additional impact over time. 3/17
Read 17 tweets
30 Oct
It now appears that infection numbers are worse than the “worst case scenario”. What does that mean and does this indicate a failure of the policies that the government has put in place?
1/10
#EconTwitter #epitwitter
bbc.co.uk/news/health-54…
Let’s recall what the “reasonable worst case scenario” means. This is the outcome that epidemiologists think will occur when (i) people do not engage in ANY spontaneous behaviour change to protect themselves and (ii) government imposes NO restrictions on social interactions.
2/10
In other words, it’s what one can predict based solely on biological considerations, knowledge of the disease, environmental factors, population density etc. It intentionally ignores behaviour and policy.
3/10
Read 10 tweets
10 Oct
I like to think of local restrictions in terms of hotspotting, a term from firefighting. Idea is to identify parts that are particularly dangerous or conducive to additional spread and dealing with those first.
But one should not lose sight of the overall fire. We cannot do each local part without an eye to the whole. The big difference is of course that local measures have differential impact on incomes and a global public good is being provided.
This means that we need to compensate for that public good provision. It’s not charity.
Read 4 tweets

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