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Tag Archives: Medicine

Solve for the equilibrium

The clock has hit midnight in Las Vegas! Here’s the crowd waiting to get into @theDlasvegas in #DTLV. 🎰 pic.twitter.com/sp6gNwsVPz — FOX5 Las Vegas (@FOX5Vegas) June 4, 2020 What might be some alternate (if possibly slightly unfair) titles?  How about “A Swede by Any Other Name” or “America > Sweden”? “Refuting Friedman-Savage, convexity all over” “Their capitalist bosses made them turn out” “They all supported lockdown in the...

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Our regulatory state is broken, installment #1837

Americans returning from China landed at U.S. airports by the thousands in early February, potential carriers of a deadly virus who had been diverted to a handful of cities for screening by the Centers for Disease Control and Prevention. Their arrival prompted a frantic scramble by local and state officials to press the travelers to self-quarantine, and to monitor whether anyone fell ill. It was one of the earliest tests of whether the public health system in the United States could contain...

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Karl Friston on “immunological dark matter”

We’ve been comparing the UK and Germany to try to explain the comparatively low fatality rates in Germany. The answers are sometimes counterintuitive. For example, it looks as if the low German fatality rate is not due to their superior testing capacity, but rather to the fact that the average German is less likely to get infected and die than the average Brit. Why? There are various possible explanations, but one that looks increasingly likely is that Germany has more immunological “dark...

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Coronavirus travel insurance markets in everything

Moral hazard — forget about it!: In the Mediterranean island nation of Cyprus, government leaders have pledged to cover all costs for any traveler who tests positive for the coronavirus while on vacation, according to the Associated Press. In a letter sent out to governments, airlines and tour operators, Cypriot officials said they would cover “lodging, food, drink and medication for covid-19 patients and their families” while on the island. Tourism accounts for 13 percent of Cyprus’s...

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Coronavirus markets in everything, Swedish restaurant edition

At Rasmus Persson and Linda Karlsson’s restaurant, you don’t have to order takeout, or wear a mask, or try to stay two metres away from the other patrons — because there are no other patrons. It’s just you, seated alone at a table in a picturesque meadow in the Swedish countryside as you’re served a homemade meal that arrives in a basket using a rope and pulley. It’s called Bord För En, which translates to “table for one,” and it opened on May 10 in...

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Conor Friedersdorf interviews me on the regulatory state and the pandemic

For Atlantic, here is one excerpt: “Our regulatory state is failing us.” And to troll some of you, here is another bit: Friedersdorf: Libertarians and small-government conservatives are highly skeptical of the regulatory state. What do they get wrong? Cowen: Very often, the alternative to regulation is ex post facto reliance on the courts and juries to redress wrongs. Of course, the judiciary and its components are further instruments of governments, and they have their own flaws....

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The shift of prevalance toward the young

Half of new coronavirus infections in Washington [state] are now occurring in people under the age of 40, a marked shift from earlier in the epidemic when more than two-thirds of those testing positive were in older age groups. A new analysis finds that by early May, 39% of confirmed cases statewide were among people age 20 to 39, while those 19 and younger accounted for 11%. Here is the full article, via Anecdotal.  A number of points: 1. As people adjust, and the higher-risk individuals...

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The case for a market allocation of vaccines

Or a partial such allocation, at least.  Here is my latest Bloomberg column: The renowned economist Erik Brynjolfsson recently asked: “At least so far, I haven’t seen any one suggesting to use the market system to allocate vaccines. Not even those who strongly advocate it in other areas. Why is that?” As one of several people copied at the bottom of the tweet, I feel compelled to take up the challenge. I readily admit that a significant portion of the vaccines, when they come, should be...

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Our regulatory state is failing us

You don’t think airlines can just provide hand sanitizer to passengers, do you? On Tuesday the FAA wrote to American Airlines granting permission, and the letter they sent (.pdf) offers a window into process the airline had to go to in order to secure the government’s blessing. Tuesday’s correspondence came from the FAA’s American Airlines Certificate Management Office in Irving, Texas. Imagine having a local office of a federal agency dedicated to your business, with its own letterhead....

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Stockholm City’s Elderly Care and Covid19

Upwards of 70 percent of the Covid19 death toll in Sweden has been people in elderly care services (as of mid-May 2020). We summarize the Covid19 tragedy in elderly care in Sweden, particularly in the City of Stockholm. We explain the institutional structure of elderly care administration and service provision. Those who died of Covid19 in Stockholm’s nursing homes had a life-remaining median somewhere in the range of 5 to 9 months. Having contextualized the Covid19 problem in City of...

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