Coronavirus: who should be released from lockdown first?
Economics experts on why low risk millennials should be first out of lockdown
Nattavudh Powdthavee, professor of behavioural economics at Warwick Business School, University of Warwick, and Andrew Oswald, professor of economics and behavioural science at University of Warwick, discuss who should be released from lockdown first - and why.
Millennials who do not live with their parents should be the first people released from the UK coronavirus lockdown. That is the conclusion of our new research which is being studied in Whitehall by officials. The move would be one part of a possible exit strategy the government could implement in the coming weeks and months.
We came to this conclusion because people aged between 20 and 30 are statistically the safest from COVID-19 among the age groups. They are also the hardest hit financially from the prolonged lockdown. Getting them back into work could help restart the economy and increase their own prosperity.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Releasing millennials from lockdown first would mean they could provide essential supports for the rest of society, particularly those in the high risk groups, such as the elderly or those with underlying conditions.
It could also be argued that giving this generation a strong leadership role to help the nation find its way out of the crisis could provide hope to the rest of the country.
According to the Office of National Statistics, there are about 4.2 million people aged between 20 and 30 who do not live with parents. Of those, 2.6 million are private sector workers who may have lost their earnings entirely because of the lockdown. If half of those could be re-employed by private sector when they are the first to be released, then the extra annual income generated would be about £13 billion a year.
How many would die?
But in doing this, there is obviously the questions about how many young deaths society would have to tolerate. Based on a standard epidemiological model, the fatality risk associated with the release of these young people has been estimated to be at around three in 10,000. By way of comparison, the fatality risk is about 75 times higher for those in their 60s. If, for example, half of the 4.2 million young people were infected, then the extra premature deaths in the United Kingdom would be 630.
While we fully recognise that any loss of life – however few – is tragic, we believe that a policy that releases the young from the lockdown first will produce a number of fatalities that is far smaller in the long run than those from any general release of the population. Older adults who have been tested to have the necessary antibody can then be released later in a staggered way.
Understandably there would be many people who are opposed to the idea of releasing the young first. To these people, the small fatality risk associated with Covid-19 weighs much more heavily in their minds compared to other less salient fatality risks such as those associated with poverty and unemployment. Because of this, many people would likely prefer that the state lockdown be extended until a vaccine is found. But this could be up to 18 months away.
Knowing all the risks
Efforts would have to be made by politicians and others to explain all the risks to the general public. Here, a useful lesson could be learned from research on risk literacy, which is the ability to deal with uncertainties in an informed way.
For example, according to a 2012 study, there was a sudden surge in the number of accident-related deaths on American roads, as people sought alternative transport to flying, one year after the 9/11 terrorist attacks in 2001. An estimated 1,600 more people died as a result of a significant increase in traffic than would have been expected statistically. By contrast, there had been no fatalities from commercial flights in the United States during the same period.
The explanation for the findings may be obvious: flying is substantially less risky than driving a long distance. Yet, the fear of immediate death from a terrorist attack had altered the behaviour of many Americans, which had led to a significantly greater number of deaths than had they chosen to fly.
The fatality risk associated with road accidents is not so different from the fatality risk associated with economic inactivity for the young if the lockdown goes on for too long. Compared to the small risk of the young dying from contracting COVID-19, the long term fatality risk from poverty and unemployment for the young is much more substantial but likely to be less prominent in people’s mind.
For such a step to be successful, it is vital that all of the associated risks are made clear and transparent to everyone. Unless a vaccine is suddenly discovered, any decision will be difficult. The best exit strategy would be one that minimises all of the associated risks, regardless of how attention grabbing each one of them is in our mind.
Nattavudh Powdthavee, Professor of Behavioural Science, Warwick Business School, University of Warwick and Andrew Oswald, Professor of Economics, University of Warwick
This article is republished from The Conversation under a Creative Commons license. Read the original article.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Why Bhutan hopes tourists will put a smile back on its face
Under The Radar The 'kingdom of happiness' is facing economic problems and unprecedented emigration
By Chas Newkey-Burden, The Week UK Published
-
7 beautiful towns to visit in Switzerland during the holidays
The Week Recommends Find bliss in these charming Swiss locales that blend the traditional with the modern
By Catherine Garcia, The Week US Published
-
The Week contest: Werewolf bill
Puzzles and Quizzes
By The Week US Published
-
John Prescott: was he Labour's last link to the working class?
Today's Big Quesiton 'A total one-off': tributes have poured in for the former deputy PM and trade unionist
By Harriet Marsden, The Week UK Published
-
Last hopes for justice for UK's nuclear test veterans
Under the Radar Thousands of ex-service personnel say their lives have been blighted by aggressive cancers and genetic mutations
By Sorcha Bradley, The Week UK Published
-
Will Donald Trump wreck the Brexit deal?
Today's Big Question President-elect's victory could help UK's reset with the EU, but a free-trade agreement with the US to dodge his threatened tariffs could hinder it
By Harriet Marsden, The Week UK Published
-
What is the next Tory leader up against?
Today's Big Question Kemi Badenoch or Robert Jenrick will have to unify warring factions and win back disillusioned voters – without alienating the centre ground
By Harriet Marsden, The Week UK Published
-
What is Lammy hoping to achieve in China?
Today's Big Question Foreign secretary heads to Beijing as Labour seeks cooperation on global challenges and courts opportunities for trade and investment
By Harriet Marsden, The Week UK Published
-
Bob Woodward's War: the explosive Trump revelations
In the spotlight Nobody can beat Watergate veteran at 'getting the story of the White House from the inside'
By Chas Newkey-Burden, The Week UK Published
-
Trump kept up with Putin, sent Covid tests, book says
Speed Read The revelation comes courtesy of a new book by Bob Woodward
By Peter Weber, The Week US Published
-
'The federal government's response to the latest surge has been tepid at best'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published