Tuesday, 7 April 2020

Coronavirus: a cost-benefit analysis of the economic shutdown

From the Capitalisn't podcast comes this episode on the cost-benefit analysis of the coronavirus crisis in which Luigi Zinglas and Kate Waldock interview Russ Roberts. Roberts comes in around the 15-minute mark.

One of the prominent economic debates to emerge during the coronavirus outbreak has been whether to continue with shelter in place measures that are hurting the economy but, hopefully, slowing the virus' spread. On this episode, Luigi does a cost-benefit analysis that shows why it could be better to keep the economy closed, and debates his proposal with Russ Roberts, host of the popular EconTalk podcast.

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