A lot of the economic contraction that we have result is the result of uncertainty. It's fear, fear and uncertainty. We didn't know much about it. And that's the major cause of economic cantraction. So you cannot really have, you know, the posit is traded off between governments. Shut down and not so important.
Nassim Nicholas Taleb talks about the pandemic with EconTalk host Russ Roberts. Topics discussed include how to handle the rest of this pandemic and the next one, the power of the mask, geronticide, and soul in the game.