Bird Flu is for the Birds

In recent news the deadly H5N1 virus, or Bird Flu has been slowly killing small numbers of people in Southeast Asia. As many as 45 people have died in the past year, and doctors say if the virus were to mutate into a more communicable strain like that of the common cold flu a serious pandemic could break out on a global scale. The solution is to minimize the the risks of infection from poutry to humans. Many of you may think how does this relate to managerial economics. I'll try to mention just a few of the possible devastating effects this could have on not only the U.S. economy, but the entire global economy. If a pandemic outbreak of Bird Flu were to really happen, which it could possibly, global markets could entirely fall apart. Think about what we have learned in history class about the Bubonic Plague "Black Death" more than half of the entire population of Western, and Eastern Europe were completly wiped out in just a matter of a few years. I don't know all the facts concerning the potency of the Bird Flu, but I do know that it is deadly, and could potentially be as deadly as the Plague. It scares me to think that just a single virus too small to see with the naked eye could wipe out an entire society or perhaps its economic viability because of the number of deaths associated with it. What do you think, is it possible for Bird Flu if gone unchecked to do such damage? What happens if the precautionary steps that will or have been taken to protect our planet fail. I think there is more to come on this scary virus. And it will have a great economic impact on our future.

1 comment:

Dr. Tufte said...

-3 on Drake's post for 2 spelling errors and 1 grammatical error.

I think this is an underrated problem. We really don't know what a pandemic could do to the world economy. The most recent one of comparable scale was in the wake of World War I, so it isn't easy to separate out its effects.

One thing to note though is that most illnesses kill people who are not serious contributors to the economy: the old, the young, and the weak. An exception to that is HIV, which kills people in smaller numbers, but often in their prime earning years. So I'd say that Avian Flu is a worry, but that HIV is a problem on the groung right now that we should address first. Sub-Saharan Africa is the region currently dealing with that.