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Consequences

By Patrick Van Roy On January 19th, 2021

Jan. 17, 2021

new working paper from US National Bureau of Economic Research predicts disastrous long-term effects of the COVID-19 lockdowns.

The paper, authored by Francesco Bianchi from Duke University, Dongho Song of Johns Hopkins University, and Giada Bianchi of Harvard Medical School, examines the long-term consequences of the COVID-19 lockdowns.

The paper predicts an excess death of 890,000 Americans over the next 15 years due to the unemployment caused by COIVD lockdowns. “These figures translate in a staggering 0.89 million additional deaths over the next 15 years,” the researches write.

The team estimates that woman and African Americans will be hit hardest in the short-term, but white men may suffer larger consequences in the future.

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