Best thing I've read on #COVID19 for a while. Shows how a dose of collectivism has been effective in this pandemic:
"Japan focused on the overdispersion impact from early on, likens his country’s approach to looking at a forest and trying to find the clusters, not the trees." https://twitter.com/apsmunro/status/1312048922563612673
Also gives an accurate account of the much misrepresented Swedish case:
"Although it did not have a complete lockdown, as Kucharski pointed out to me, Sweden imposed a 50-person limit on indoor gatherings in March, and did not remove the cap..." ....
"...even as many other European countries eased such restrictions after beating back the first wave... It kept schools fully open without distancing or masks, but only for children under 16, who are unlikely to be super-spreaders of this disease..." ...
"... and Sweden went all online for higher-risk high-school and university students—the opposite of... the US. It also encouraged social-distancing, and closed down indoor places that failed to observe the rules. From an overdispersion and super-spreading point of view..." ...
"... Sweden would not necessarily be classified as among the most lax countries, but nor is it the most strict. It simply doesn’t deserve this oversize place in our debates assessing different strategies."
Finally, last pt about causality and averages:

"Unfortunately, averages aren’t always useful for understanding the distribution of a phenomenon, especially if it has widely varying behavior."

The same could be said of many economic phenomena.
You can follow @AndrewM_Fischer.
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