Showing posts with label Douglas Allen. Show all posts
Showing posts with label Douglas Allen. Show all posts

Monday, January 30, 2023

Economist's unrefuted case against lockdowns

Economist Douglas Allen, author of a 2020 report calling lockdowns one of Canada's greatest public policy failures, argues that it is important to keep making the case against them for the historical record.

Professor Douglas Allen still refuting lockdowns | Western Standard - Lee Harding:

January 29, 2022 - "Two years ago, Simon Fraser University economics professor Douglas Allen published an academic paper condemning pandemic lockdowns as doing more harm than good. 'An examination of over 80 COVID-19 studies reveals that many relied on assumptions that were false, and which tended to over-estimate the benefits and underestimate the costs of lockdown,' Allen wrote in April of 2021. 'The cost/benefit ratio of lockdowns in Canada, in terms of life-years saved, is between 3.6–282. That is, it is possible that lockdown will go down as one of the greatest peacetime policy failures in Canada’s history.'

"In an interview with Western Standard, Allen said his suspicions were already aroused a full year prior.... 'When the lockdowns first cane, ... I thought to myself, maybe I've misunderstood, we must be facing something that's three times worse than smallpox in the 17th century. I just thought I'd completely missed the seriousness of the virus,” Allen recalls. 'Almost immediately, I started doing my own research on this sort of stuff.... 

There was a group of economists in in UCLA, that by the end of the summer of 2020, had done such phenomenal work that really showed, I thought, that the lock downs were useless, that the virus was moving through populations exactly the same way, regardless of what the culture, the civilization, what governments were doing. And then I thought, ‘Okay, well, now it's over, right? There's no way we'll go back to lockdown in the fall.’ And of course we did.

"Allen said he got involved in a lawsuit to stop the lockdowns that was unsuccessful. 'I wrote a report that, when the lawsuit went nowhere, for nothing better to do, I posted it on my Facebook, I only have six friends on Facebook, but somebody shared it. I posted it on a Monday. And by Thursday, it went viral. And it was nonstop after that' Two journals asked him to publish reports, which Allen claims have been downloaded a “record” 70,000 times. 

"The question remains why a paper so sought by the public was almost completely ignored by the media. 'The mainstream media was part of the message, right? Whether they were literally in bed with the state or not, they went along with the beginning. Again, you're telling people certain things, and then you find out they're not true, you can either admit that you made a mistake, or you can just carry on with that narrative,' Allen explains. 'I personally don't believe in big conspiracies, I just think it was in every person's interest'....

Here you are, you're a politician. By the end of April of 2020, there had been a loss of wealth in the country by a third the stock market value just crashed, you had destroyed a third of the wealth of the country. Oops. And you're going to admit that? Not a chance, right? What you're going to do is say, ‘Well, we thought it would be two weeks to bend the curve, it obviously wasn't. We're going to have to go for another two weeks and another two weeks, and you're just hoping and praying that this thing goes away. And you can declare victory....

"The very infectious, but less lethal Omicron provided the way out of lockdowns, Allen says, but the damage to the economy and the lives that this took cannot be restored.

> When you're unemployed, your income goes down your diet, quality of diet goes down, your anxiety levels go up, your mental health goes down, all these things contribute to a shorter life. In the United States, for the first year of the pandemic, lost life years, due to just the unemployment part, is about 800,000 lives. If you convert the unemployment into lost lives. My impression is each category of costs swamps the benefits of lockdown..... 

Lost GDP. Certainly, that's important. But my goodness, that's just the starting of things. There has to be a full accounting of what you might even call the loss of livelihood, or the loss of living....  The deaths of despair, the overdoses, the suicides, and all these sorts of things have to be accounted for..... Deaths caused by lost cancer appointments or other health appointments, those sorts of things, the complete failure of the healthcare system has to be accounted for.”

Read more: https://www.westernstandard.news/news/professor-douglas-allen-still-refuting-lockdowns/article_7d2f5c52-9ffc-11ed-b4fe-9b385fc66a03.html


Saturday, May 1, 2021

Lockdown one of Canada's greatest policy failures, suggests economist

Economist: Lockdowns ‘Greatest Peacetime Policy Failure’ in Canada’s History | Foundation for Economic Education - Jon Miltimore: 

April 26, 2021 - "Canadian economist Douglas Ward Allen, the Burnaby Mountain Professor of Economics at Simon Fraser University, suggests the ineffectiveness of lockdowns may stem primarily from voluntary changes in behavior.

"'Lockdown jurisdictions were not able to prevent noncompliance, and non-lockdown jurisdictions benefited from voluntary changes in behavior that mimicked lockdowns,' writes Allen. 'The limited effectiveness of lockdowns explains why, after one year, the unconditional cumulative deaths per million, and the pattern of daily deaths per million, is not negatively correlated with the stringency of lockdown across countries.'

"Allen’s thesis would help explain the abundance of data that show lockdowns and other restrictions have been, at best, largely ineffective at reducing the spread of COVID-19. His study does not stop there, however.

"While much of Allen’s paper analyzes the literature to show that studies over-estimated the benefits of COVID-19 lockdowns, he also considers the cost of the lockdowns. In order to do this, he relies on the estimate from George Mason University economist Bryan Caplan regarding the quality of life lost due to lockdowns.

"Caplan frames this problem by asking, 'Suppose you could either live a year of life in the COVID era, or X months under normal conditions. What’s the value of X?' Caplan argues 10 months seems like a conservative estimate. Another way to think of this is that people would be willing to sacrifice 2 months of life to avoid a year of lockdowns. This estimate seems reasonable, due to the violence, job loss, business failure, and substance dependencies fostered by lockdowns. If a year of lockdowns means losing an equivalent of 2 months of life per person, multiplying that 2 months over the entire population of Canada (37.7 million people) gives a cost of 6.3 million years of life lost.

"If COVID-19 lockdowns made the death rate 10 percent lower, that would be equivalent to 22,333 years of life saved. Compared to the loss of 6.3 million years, this trade-off hardly seems worth it. Even if the frightening projections of the Imperial College of London had turned out to be correct — and Allen painstakingly shows they were not — the number of years saved from lockdowns would be 1,735,580, which is still significantly below the 6.3 million years of life lost.

"As more countries and states open and do not suffer the consequences lockdown proponents predicted, the empirical data will become increasingly difficult to ignore — especially as the adverse effects of lockdowns become more clear. For example, FEE’s Brad Polumbo recently reported on new CDC data that show 87,000 people died from drug overdoses from October 2019 to September 2020, a 30 percent increase from the same period the preceding year.... As more data are made available giving a complete picture of the effects of lockdowns, a long-established truth about tradeoffs observed by Nobel Prize-winning economist Ronald Coase is becoming apparent.

It would clearly be desirable if the only actions performed were those in which what was gained was worth more than what was lost,” wrote Coase. “But in choosing between social arrangements within the context of which individual decisions are made, we have to bear in mind that a change in the existing system which will lead to an improvement in some decisions may well lead to a worsening of others.

"To be sure, Allen’s research will not be the final word on lockdowns. But if his data are correct it will be difficult to disagree with his verdict on how history will judge government lockdowns. '[It] is possible that lockdowns will go down as one of the greatest peacetime policy failures in Canada’s history,' he writes."

Read more: https://fee.org/articles/economist-lockdowns-greatest-peacetime-policy-failure-in-canada-s-history/

Read study here: http://www.sfu.ca/~allen/LockdownReport.pdf