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Paul Romer on the Pandemic

In this bonus episode of EconTalk, economist and Nobel Laureate Paul Romer discusses the coronavirus pandemic with EconTalk host Russ Roberts. Romer argues that the status quo of shutdown and fear of infection is unsustainable. Returning to normal requires an inexpensive, quick, and relatively painless test. Such tests are now available. The challenge is in relaxing certain regulations and then creating a supply chain of production and availability. Romer then explains how such a test could ease a return to something like normalcy for many sectors of the economy. The conversation concludes with a discussion of the dynamics of the labor market in the current situation.

Podden och tillhörande omslagsbild på den här sidan tillhör EconTalk: Russ Roberts, Library of Economics and Liberty. Innehållet i podden är skapat av EconTalk: Russ Roberts, Library of Economics and Liberty och inte av, eller tillsammans med, Poddtoppen.