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Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)

COMPLEXITY

CHAPTER

Is There a Sweet Spot in Policy Space?

I'd love to hear your thoughts on this, given recent news about lock downs in shanghai and the struggles that people have been having. I mean, perhaps the bou to tie on this involves statements that you both have made recently about the inequities and impact here. You mention in this paper that a general lockdown is a blunt policy instrument; smart testing and containment policies or alternating lockdowns may substantially improve efficiency, but are unlikely to fundamentally change the trade offs. And then this kind of thinking, not only in sort of war time considerations of fighting a pandemic, but more broad in light of what we were talking about earlier in this call, about the disproportionate gains to different members

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