Coronavirus crisis management — what really happened and why it failed
Shutting down the economy and bringing social life to a standstill did not contain the epidemic. The virus spread and in addition to the harm done by the epidemic itself, additional immense damage has come upon many people because of the lockdown.
Problematic predictions
As an economist, I am trained in making forecasts and am thus familiar with the pitfalls of making predictions. Many processes in economics have similar patterns as epidemics. From the spread of new products to…