Pandemic Information Gap and the Brutal Economics of COVID-19

Joshua Gans

Pandemic Information Gap and the Brutal Economics of COVID-19
Format
Paperback
Publisher
MIT Press Ltd
Country
United States
Published
10 November 2020
Pages
160
ISBN
9780262539128

Pandemic Information Gap and the Brutal Economics of COVID-19

Joshua Gans

A guide to the pandemic economy- essential reading about the long-term implications of our current crisis.

Why solving the information problem should be at the core of our pandemic response- essential reading about the long-term implications of our current crisis.

COVID-19 is caused by a virus. The COVID-19 pandemic is caused by a lack of good information. A pandemic is essentially an information problem- this is the enlightening and provocative idea at the heart of this book. If we solve the information problem, argues economist Joshua Gans, we can defeat the virus. For example, when we don’t know who is infected, we have to act as if everyone is infected. If we actively manage the information problem–if we know who is infected and with whom they had contact–we can suppress the virus or buy time for vaccine development.

This is an expanded version of an eBook originally published as Economics in the Age of COVID-19.

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