DuckIII wrote:I doubt you’ll find too many people doing “life years” as opposed to “lives” analysis given that our society generally rejects economic models based on a sliding scale valuation of human life. Kind of a Mengele-smelling way of going about it.
Quality life years makes a lot more sense as a measuring stick when the COVID specifically targets immunocompromised elderly people whom have a much lower number of quality life years remaining than the median person in the country.
I did a quick search and was unable to find anything that really looked reasonably modeled by other metrics. At best, you see people with my view that is more or less: "Maybe social distancing is a good idea, but maybe it isn't, and we should really measure this". I did find a couple talking about potential consequences.
IT's hard to model, much like the pandemic itself.
Some things like, even if we stop the "shelter in place" restriction, how long will it take to people to really go back to normal? People may remain conservative for a long time no matter what and preserve cash. This may keep unemployment at a high rate even when shelter in place order ends.
Also, it isn't all or nothing either, if we didn't do any social distancing, on their own, people would have started with much of this behavior, canceling gym memberships, trips, eating out, we magnified these impacts, but they would have existed either way.
In the end, I'm not claiming to know what to do or that what we're doing is wrong, just that I don't think it has been properly evaluated on the financial end and has only been evaluated on the medical end.
I'd be much more encouraged if I read something that said "with 2 months of social distancing, we'll be able to double capacity of how many people we can treat" or "with 2 months of social distancing, we feel we can stamp out the COVID virus all together" or "with 2 months of social distancing, we can put in place procedures that will permanently slow the spread".