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$169 bn for 29,000 lives? Study calculates cost of US shutdowns

There's little doubt that government-ordered business shutdowns to stop the spread of Covid-19 damaged the US economy, but the exact cost has not been clear.

Researchers from HEC Paris business school and Bocconi University in Milan have reached a sobering calculation: the closures beginning at the pandemic's onset in March through May saved 29,000 lives -- at a cost of $169 billion, or around $6 million per person, writes the AFP news agency.