‘95% Effective’ May Not Mean What You Think It Means Posted on December 10, 2020 by Yves Smith| PUBLISHED ON NAKED CAPITALISM | Yves here. It’s good to see Tom Neuburger discussing a possible misperception by some of what the “95% effective” Covid mRNA vaccine results touted by Pfizer and Moderna mean, when they are on the verge of receiving an FDA Emergency Use Authorization to allow their release. While we have your attention, we’ll point out another misperception, which the press is amplifying, that having been vaccinated would prevent the recipient from transmitting Covid. For instance, some business owners are saying they will require employees to be vaccinated, not…