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The Economics of Ebola

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Comments

  • michaels
    michaels Posts: 29,231 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I wonder at what point they close down air links from Africa?
    I think....
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
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    My work colleague was at Lagos airport at the same time and is due back tomorrow. Should I shake his hand when I see him? .

    It's an interesting thought actually...
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    michaels wrote: »
    I wonder at what point they close down air links from Africa?

    I wonder why they haven't already.

    But that all goes back to the last few points in the OP....
    So I suppose the question is, how do governments minimise the societal disruption and economic impacts of the measures that might be required to combat a global pandemic threat such as ebola?

    Is it better to take the 'short sharp shock' approach and effectively shut down the planet for 45 - 90 days? This would presumably minimise the death toll from the disease, but maximise economic and societal harm, and also maximise the death toll from civil disturbances and starvation/resource depletion.

    Or is it better to fight a longer but less aggressive campaign with public health measures and information campaigns, as is being done at the moment? Which appears to be letting the disease continue to spread, but has not (yet) caused catastrophic economic damage and societal disruption to the affected nations?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bantex wrote: »
    On a positive note, if half the population is wiped out it may reduce house prices a bit.

    It was the plague, and shortage of agricultural workers, that turned round the country when the workers finally had "the edge" over the toffs and were able to be paid decent wages etc. A defining, turnaround point for "the little man".

    There'd certainly be no shortage of houses, that's true.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If I stock up on beans and tinned pineapple, I can self-quarantine myself away from the infected masses. Maybe I should learn to fish too.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    My work colleague was at Lagos airport at the same time and is due back tomorrow. Should I shake his hand when I see him? If no further posts are made, you know why.

    I'd be on ebay buying a handbell to take to work....
  • I_have_spoken
    I_have_spoken Posts: 5,051 Forumite
    On a serious note, I assume LHR immigration is doing nothing to prevent the virus being carried to London, either by accident or design
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    On a serious note, I assume LHR immigration is doing nothing to prevent the virus being carried to London, either by accident or design

    Not sure there's much they can do.

    It's a long incubation period (2-3 weeks) with no symptoms until very late in the disease progression.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You'd have to stop all air travel and force people to travel by sea, by a route that has them out at sea for 3 weeks..... then tested before docking. If the ship's found to be contaminated, just don't let it dock.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You'd have to stop all air travel and force people to travel by sea, by a route that has them out at sea for 3 weeks..... then tested before docking. If the ship's found to be contaminated, just don't let it dock.

    And in an effort to get this thread back on topic, that would probably work, but what sort of economic price would the country pay if measures like that were implemented?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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