Economist: Pay people $1K to take a coronavirus vaccine instead of forcing them

The Muslim Times has the best collection of articles for the war against Covid 19, especially the vaccines.

Source: Yahoo Finance

By Sibile Marcellus; Reporter, Yahoo Finance

A coronavirus vaccine — which could arrive before year’s end — carries with it the potential to shift President Donald Trump’s embattled reelection campaign. 

However, amid hostility to vaccines in general and growing skepticism about a COVID-19 cure in particular, infectious disease experts are worried about the possibility that less than 70% of the U.S. population will get vaccinated. That represents the threshold needed for herd immunity, a concept that would make the virus much more difficult to spread.

So how should officials encourage hesitant citizens to take the vaccine? One expert thinks they should pay them.  

The cheapest way for the U.S. to reach herd immunity is to pay Americans $1,000 to take the vaccine, a recent Brookings Institution report said, which could incentivize 80% of the U.S. population to take the shot. The strength of the U.S. recovery may depend on it.

“If we don’t get herd immunity, we’re not getting our economy back and we’re not getting our society and our lives back,” Robert Litan, an economist who served in the Clinton administration and the Brookings scholar who authored the report, told Yahoo Finance. 

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Dr. Zia H Shah, Chief Editor of the Muslim Times

The best of the Muslim Times’ collection for war against Covid 19:

In this day and age, understanding bacteria and viruses and developing vaccines are national security issues. In my view sizable part of every country’s defense budget should be spent in these pursuits rather than making tanks and other weapons.

For the latest news about drugs and vaccines’ trials please go to: Pharmaceutical-Technology

For the latest health news from BBC, Please click here

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The Muslim Times Recommending Universal BCG Vaccination to Fight the Pandemic

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The Muslim Times has the best collections in the war against Covid 19 as we are collecting from all the established sources

All of humanity are intimate neighbors: Coronavirus proves it once again

Praise be to God for the Miracle of Our Immune System

USA: 15-minute coronavirus test is here

Does the Ordinary Soap Kill Coronavirus?

Here’s a list of disinfectants you can use against coronavirus

For the number of cases and epidemiology in each country go to: WorldOMeters

DAILY NEW CASES AND DEATHS IN US, CDC SITE

Coronavirus Vaccine Tracker – The New York Times

Categories: Vaccine

2 replies

  1. The multiplicity of questions surrounding the deployment of an effective coronavirus vaccine include its aggressive development timeline, who’ll get access first, how to encourage people to take it, and whether it’ll work at all.

    Still, there’s one key question that remains unanswered: Can governments — which are incurring considerable expenses to accelerate the development of a successful vaccine — forcibly inoculate their citizens?

    That question was partly answered last week by Virginia, where the state’s top health official vowed to make a COVID-19 vaccination mandatory once a candidate was widely available. His stance underscored a theme several health experts emphasized: There are several (entirely legal) avenues by which the public can be compelled to take a COVID-19 cure, whether they want to or not.

    https://finance.yahoo.com/news/how-a-coronavirus-vaccine-might-end-up-universal-even-without-the-federal-government-124809871.html

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