- July 25, 2021
- Posted by: Stratford Team
- Category: Economy
Over the last year, much of my economic research was devoted to analyzing COVID-19 death rates. I tried to answer questions like why New Jersey has the highest COVID death rate while another like Hawaii has the lowest? An article of mine published in the Journal of Bioeconomics showed that factors like higher density and higher rates of poverty lead to higher COVID death rates. I also found that greater government interventions as measured by the Oxford University Stringency Index significantly reduced COVID death rates.
In a follow-up study published in COVID Economics, I showed that just as greater government stringency reduced COVID-19 death rates, they also imposed significant economic costs in terms of lost jobs and lower real gross state product.
Imagine my surprise then when I read UCLA Anderson Forecast director Jerry Nickelsburg’s article in this newspaper a couple of weeks ago. Instead of concluding as I did that greater stringency results…