Yesterday was a FOUR Green Arrow Day.
New York vs. Sweden
Good Morning,
Yesterday was a FOUR Green Arrow Day. Below are the particulars for the day. Our next newsletter will be published Monday July 27th.
The past couple of newsletters discussed how to better protect those at risk using a “forced ranking” strategy. Today we want to share some research that compares the approach of Sweden (self-responsibility) and New York (centralized planning). Below are the more salient points of the article.
The reason New York failed and Sweden succeeded probably has relatively little to do with the fact that bars and restaurants were open in Sweden. Or that New York’s schools were closed while Sweden’s were open. As Weiss explains, the difference probably isn’t related to lockdowns at all. It probably has much more to do with the fact that New York failed to protect the most at-risk populations: the elderly and infirm.
“Here’s the good news: You can shut down businesses or keep them open. Close schools or stay in session. Wear masks or not,” says Weiss, a graduate of Harvard Business School. “The virus will make its way through in either case, and if we protect the elderly then deaths will be spared.”
This is precisely the prescription Dr. John Loannidis, a Stanford University epidemiologist and one of the most cited scientists in the world, has advocated since the beginning of the COVID-19 pandemic.
Source: https://fee.org/articles/why-sweden-succeeded-in-flattening-the-curve-and-new-york-failed/
New York vs. Sweden
The graph shows both the infection and death rates of the the two regions.
The solid colors are the death rates while the dotted lines show the infection rates.
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