AN OVERVIEW OF THE BOOK
The book is organized in three parts. Part I investigates the economics of optimal disease control (chapter 2) and the economics of global networks (chapter 3). Part II recognizes the connection between a country’s confirmed cases and production of output. A pattern exists. Over time, confirmed cases accelerate, reach a peak, and decelerate. At the same time, output decreases during shutdown, reaches a minimum point during recession, and increases during recovery. Part II reflects this pattern. Chapter 4 develops theories of economic shutdown. Chapter 5 discusses recession, forecasting, and economic policy. Chapter 6 addresses economic recovery. Part III applies economic theory to pandemic outcomes, including healthcare ...
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