6 May
As the US economy continues to contract due to lockdown measures, there is an ongoing debate on whether to open up the economy to save jobs or risk a second wave to infections.
The best way to deal with this conundrum is to identify sectors that can be safely reopened, while accelerating the development of a vaccine against Covid-19 disease.
Erik Brynjolfsson, professor at Massachusetts Institute of Technology, shared an article by four prominent economist on the development of a vaccine against Covid-19 disease.
The article notes that the government should invest billions of dollars into a vaccine development programme, while providing advance market commitment to manufacturers.