Economists have learned something and contributed to society. But there's enormous value in enormous thittere kind of self enforcing laws. And if wed lost those no s, we got to overlay these more heavy, expensive cund of governmental solutions. Ats allan greenspan was this tireless advocate for a cutting regulation. He was quoted saying he's never met a regulation that he thought was valuable. So i think it's good thatt tet is trying to make sure that we don't have this cascadeo bankruptcies....
Paul Romer makes his second appearance to discuss the failings of economics, how his mass testing plan for COVID-19 would work, what aspects of epidemiology concern him, how the FDA is slowing a better response, his ideas for reopening schools and Major League Baseball, where he agrees with Weyl’s test plan, why charter cities need a new name, what went wrong with Honduras, the development trajectory for sub-Saharan Africa, how he’d reform the World Bank, the underrated benefits of a culture of science, his heartening takeaway about human nature from his experience at Burning Man, and more.
Read a full transcript enhanced with helpful links, or watch the full video.
Recorded May 13th, 2020 Other ways to connect