"Numbers show lockdown is a no-brainer” screamed a Nine headline last week. Meanwhile Crikey last month published an article by health economist Luke Slawomirki suggesting that the “light-touch [lockdown] approach has sacrificed a lot for little economic benefit”.
Let’s take a closer look at these findings.
As a cautionary note, any calculation of the economic benefits of a lockdown are fraught with sweeping assumptions, but we’ll use the best real data we can find and be very conservative with our assumptions.
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