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The thing that is forgotten in these reductio analyses is that the economy is made of people, so if they die you have no economy either.

The evidence from 1918/19 is that early opening, or failure to close down again when opening fails, leads to stronger economic growth. It’s a shame some wish to learn this from themselves instead of from the suffering of people a century ago.



Hopefully we'll learn for the third time when something crops up again?




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