Description
Planning for the management of health during the coronavirus requires more than solely a death toll.
Measuring the costs of human suffering must also include mental illness, physical pain and a loss of quality of life that will follow this global crisis.
This is where numbers play a role.
Not to rate one life over another, but to limit the 'scarring effects' of this pandemic.
David Johnston, professor of health economics at Monash University.
Quentin Grafton, professor of economics at the Crawford School of Public Policy, Australian National University.
Economics is called the dismal science in part because it is about hard choices — situations where we can't have our cake and eat it too. Last year it seemed as if COVID wasn't one of them. Keeping the virus at bay gave Australia one of the world's lowest death tolls and one of its shortest...
Published 09/16/21
Professor Richard Thaler has spent his career investigating how people really behave – how we save for retirement, what we choose to eat, how we use energy. Through understanding the many reasons for human misjudgement, such as being too optimistic, or facing too many choices, Richard Thaler's...
Published 09/09/21