Governors in Pennsylvania, New Jersey and Delaware have a lot to consider before fully reopening. If they open too quickly, that could result in more deaths, according to a new model from the Wharton School at the University Of Pennsylvania.
Reopening states’ economies certainly comes with a cost, and that could result in more deaths.
But some economists argue not only can you put a value on human life, but they urge elected officials to do just that when making policy decisions.
The Wharton School just unveiled a model that looks at several different scenarios that could happen as states begin to lift stay-at-home orders.
“The economic costs have been enormous and we are suffering really significant, unprecedented costs as a result of these policies,” said Alex Arnon, senior analyst at The Penn Wharton Budget Model.