Wednesday, March 31, 2021

Covid-19 Vaccines and the Economy

An Excerpt from the link to the article below. The key is to achieve herd immunity and consumers must return to the pre-pandemic economic activities purchasing behavior. 

"McKinsey & Company identified five challenges to achieving herd immunity in its December report:

  1. Americans resist adopting public health measures—only 50% receive the flu vaccine each year. 
  2. Only 37% of adults said they will definitely get the vaccine, while an additional 45% are cautious and 18% said it’s unlikely they would get it.
  3. It may be hard to change the minds of Americans who said they are cautious about getting the vaccine.
  4. Some credible influencers, like doctors and nurses, also said they are uncertain about getting the vaccine.
  5. Incorrect or misleading information about the vaccine is widespread."











Image - thebalance.com

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.