Still not shopping
My mood has brightened since my last post, which was gloomy about the recent data on the spread of coronavirus in Britain. Nonetheless, I think the easing of the lockdown is premature, for reasons set out below. Let me reiterate: I’m an economist, not an epidemiologist. Furthermore, you should never believe a forecast, especially not one about the future. And my worries last time are not (yet) being borne out. So read on at your own risk. Here is what is worrying me. a. Less than 13% of community infections have tested positive The Office of National Statistics estimates that… Read More »Still not shopping