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Episode 167: Viewing the World Through Panic-Tinted Glasses
Words & Numbers
English - April 22, 2020 14:00 - 29 minutes - 39.8 MB - ★★★★★ - 336 ratingsEducation Business education current economics events government libertarian liberty news policy politics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In times of crisis, humans develop a dangerous, asymmetric view of events. We readily see the damage the crisis causes, but we don’t readily see the potential damage that proposed solutions can cause. And when information is uncertain, we tend to believe the worst about the crisis while tending to believe the best about proposed solutions. There is mounting evidence that this is playing out right now with the decision to shut down the economy in order to slow the spread of the coronavirus.
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Quick Hits
How We Deal with Lockdowns
Ghosts
https://www.indy100.com/article/indonesia-ghosts-terrifying-coronavirus-lockdown-stay-home-9462511
Australia Trend
https://www.sadanduseless.com/bin-isolation-outing/
Italian Toast
https://www.facebook.com/MagnificentItaly/videos/178130129869702
Llama Rentals
https://futurism.com/the-byte/rent-goats-llamas-zoom-meetings
Pet Skype Calls
https://www.themarysue.com/the-new-york-times-is-wrong-about-pets-on-video-conferences/
CO2 Supplies Diminishing
Foolishness of the Week
Covid Scam
https://wjla.com/news/nation-world/do-not-click-the-link-police-warn-of-scam-covid-19-text-messages
Topic of the Week
Flu Index
https://www.cdc.gov/flu/about/burden/index.html
United State Corona Cases
https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/cases-in-us.html
Santa Clara County Case Study
https://www.medrxiv.org/content/10.1101/2020.04.14.20062463v1
Boston’s Homeless Testing
https://www.wbur.org/commonhealth/2020/04/14/coronavirus-boston-homeless-testing
Corona’s Reach
https://spectator.us/covid-antibody-test-german-town-shows-15-percent-infection-rate/
Quarantined Cruise Ship
https://www.statista.com/statistics/1099517/japan-coronavirus-patients-diamond-princess/
Economic Outcome
https://www.nytimes.com/2020/04/14/us/politics/coronavirus-economy-recession-depression.html
Intervention Cost Breakdowns
http://econ.ucsb.edu/~tedb/Courses/UCSBpf/readings/interventions.pdf
Cardiovascular Disease Spending
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3495132/
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