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A comment on Italy is extending its coronavirus quarantine measures to the entire country. Parent comment

Re:Italy is extending its coronavirus quarantine measures to... by csomar on Tuesday March 10, 2020 @03:22AM (#22533425)
What makes you assume that the economic output of these old people, on total, is negative? They might be holding/running investments, collected massive knowledge along their careers or have enough savings and are making money for the private healthcare system.

If they go away, we might lose on the knowledge or their investments might stop working and the new youth might not manage it any better. So a total loss of society.

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Re:Italy is extending its coronavirus quarantine measures to... by pishpash on Tuesday March 10, 2020 @04:16AM (#22533665)
Holding/running investments -- investments would be passed to beneficiaries, who should have longer time horizons

Massive knowledge -- retired and not using it

Making money for the healthcare system -- fundamental life science advances could be lost or slowed down, but most healthcare spending is pure consumption, the labor could be better deployed to something more productive

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