Question 1: Cost-Benefit Analysis In a blog post for the Cato Institute entitled “A Cost-Benefit Analysis of a Lockdown Is Very Difficult To Do Well” author Ryan Bourne provides an overview of the...

Solution to Question No.1)
The blog consist of amazing facts about the view regarding the lockdown and the blogger has tried to measure the main portion of the immense economic activity that has happened last year. It’s a kind of blog where you don’t agree to all claims made but neither you can reject all but I would like to bring to light the points on which the writer has tried to focus on and I would like to give my views on the same. The first one is providing a value on estimated that the statistical risk of death from COVID-19 is reduced. Morally and scientifically in both ways giving a certain value a number, figure, to one’s life is unjustifiable you cannot put a number on someone’s life as you never know when a person going to die or how long will he/she live.
Economists usually use statistical life values a term indicating a normal person's life span for this purpose. However, these values ​​usually come from labor market research, in which the risk for working-age people is estimated to be much lower. They are not suitable for at-risk elderly people. Another point is the number of people's lives goes unharmed by lockdown policies. The alternative to imprisonment is not normal, but voluntary social distancing has saved lives. When the prevalence of this disease is high, human behavior tends to deteriorate further, preventing exponential spread, and leading to waves of disease and death.
The problem is that it seems unclear within countries as to when to intensify this behavior Therefore, it is logical to believe that childbirth benefits have reduced these non-lethal economic benefits. Some economists have even concluded that these benefits have similar added value to reducing mortality, simply because the number of COVID-19 cases that can be accommodated far exceeds the number of avoided deaths. It's not that difficult, and the cost is even higher. You must: Estimate the production loss related to the actual counterfeiting. Housework and other COVID-19 interventions also prohibit active off-site activities, some of which are extremely valuable to people. Restrictions on these non-commercial activities can also lead to huge economic losses. But its exact value is very subjective and difficult to evaluate or add. Consider the long-term consequences of rehabilitation. Who knows how big the school is? Does leaving school to depend on the child's lifetime income potential?
Therefore, it is very difficult to calculate the costs and benefits of a particular block, but there are limitations to using this analysis to make wise decisions. First, given the huge uncertainty, decision-makers will consider many possible outcomes. The central scenario will inevitably be reported, but due to the low risk, the legislature cannot sleep. If you are told that there is a 10% chance that your hospital system is overloaded without interruption, even if the locked-in costs and benefits seem to have reached a balance in the most likely scenario, this is enough for you to take action. It is even unfavorable. In theory, lock-in analysis can tell us whether to consider a set of criteria, but it cannot tell us which method is best. Bans are different rules, some of which pass the ROI test and get a deposit, while others do not. Finding the "best" method means doing a lot of cost-benefit analysis, including comparing locks to locks and other disparate methods. So, at last, I would like to say cost-benefit analysis for government is profitable they should do it and take resources into account regarding public safety but same way not taking irrelevant decision by assigning a number to one’s lifetime and whether they deserve to live or not. (Berry, Donald A) (2020)
Solution to Question No.2
I am going with 3 different views that are suggested by Miller I think they are the best out there in terms of saving money, providing flexibility and they are better ideas than traditional grants-aids as they will help the government shifting risk from the government to market.
Open the FFB window for better recovery. Qualified bonds and P3 dividends are exempt from tax. Protect bond investors from inflation. The first primary feature is a large interest-free...