As is clear today, the months-long closure of day-care centres and schools due to Corona, was probably not necessary in order to slow down the spread of the virus. This is the conclusion of a growing number of health experts and policy makers in Europe. The risk of infection from children is rather low. The economic consequences of months of school closures are already severe. According to OECD calculations, the loss of one third of a school year already leads to a loss of three percent of later life income.