fbpx Time Scales and Tradeoffs – An SFI Flash Workshop - Daniel Schrag | Harvard Kennedy School

Additional Authors:

  • Daniel P. Schrag

Excerpt

July 20, 2020, Video: "A prominent feature of the COVID-19 pandemic has been the need to balance very difficult tradeoffs — notably, improved health versus worsened economics. A second temporal feature has been weighing the short-term costs of isolation against the long-term benefits of reducing the burden on essential infrastructure. When these two complications interact — as when the time scales of health benefits and environmental change are slow whereas the timescales of economic impact are fast — then individuals and social institutions struggle to reach coordinated solutions, an obvious consequence of which is civil unrest."

Non-HKS Author Website - Daniel Schrag