Flu pandemics for the last 250 years have had two peaks. Weather does not appear to effect their severity. Original assessment of the basic reproductive number, i.e., R0, of COVID-19 was ~2.5, with the Wikipedia entry on herd immunity citing a possibility as low as 1.4. But, R0 of COVID-19 has been reassessed, and it … Continue reading Grim News: Cutting Through the COVID-19 Bullshit
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Capitalism vs. Price Gouging
Open Question: When does capitalism become price gouging? Strikes me that price gouging is during acute events where people with means cannot buy what they want, i.e., the price mechanism breaks badly enough that it impacts society-at-large rather than a minority. But, so long as it's impacts a minority or is an plausibly deniable externality, … Continue reading Capitalism vs. Price Gouging
