Texas recently eased all coronavirus restrictions, including mask-wearing.
AP Photo/LM Otero
Texas and many other states have eased all or most coronavirus restrictions such as mask-wearing. A cost-benefit analysis suggests reversing those moves for just a short period could make a big difference.
The economic impact of coronavirus restrictions can also take a human toll.
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Putting a dollar value on human lives to compare the costs and benefits of stay-at-home orders can have unintended consequences. These researchers found a different way.
A realistic estimate of the economic costs of a two-year lockdown amounts to $90 billion. The benefit in lives saved amounts to at $1.1 trillion.
The lock-downs are saving more lives than they cost, but eventually the costs will rise to the point where they exceed the value of lives saved.