AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
How To Put The Economy Into A Coma - Chris Edmond & Steve Hamilton
The Joe Walker Podcast
The Effects of Social Distancing on the Economy
Ballpark: What happens to an economy when all non-essential workers are told, stay home? Ballpark: It inevitably leads to a large reduction in the amount of economic activity that can be done. About 1.4 million Australian workers are in occupations that are directly shut down by government fiat. So as part of the public health response, these activities will basically be impossible. And so because of that large reduction in work, there is no escaping that there is going to be a relatively large reduction in economic activity.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode