Navigating Economic Policies in a Pandemic

This chapter explores the challenges and implications of fiscal and monetary policies during the COVID-19 pandemic, questioning the effectiveness of traditional stimulus measures in a unique economic context. The speakers discuss the delicate balance between supporting businesses with bailouts and providing direct assistance to individuals, emphasizing the need for thoughtful strategies that minimize long-term repercussions. Additionally, the conversation addresses the complexities of incentivizing innovation in the pharmaceutical industry while ensuring equitable access to treatments, highlighting the evolving role of government in a crisis.