Survey of leading economists:

"Abandoning severe lockdowns at a time when the likelihood of a resurgence in infections remains high will lead to greater total economic damage than sustaining the lockdowns to eliminate the resurgence risk."

0% disagree.

http://www.igmchicago.org/surveys/policy-for-the-covid-19-crisis/">https://www.igmchicago.org/surveys/p...

Survey of leading economists: "A comprehensive policy response to the coronavirus will involve tolerating a very large contraction in economic activity until the spread of infections has dropped significantly."

All but two strongly agree, or agree. The exceptions are uncertain.

100% of leading economists agree the government should "invest more than it is currently doing in expanding treatment capacity."

These data confirm precisely what I was telling you five m̶o̶n̶t̶h̶s̶ days ago: https://twitter.com/JustinWolfers/status/1242423482387968000">https://twitter.com/JustinWol...

Understand the incentives: CEO& #39;s and bankers are calling for workers to be recalled. Economists—whose models also account for what& #39;s in the workers& #39; best interests—disagree. Epidemiologists—who understand how pandemics spread—also disagree.