Pandemics - What's the Economic Value of Vaccines?

Some believe our world has changed at a rapid pace in recent decades. From the rise of the internet to the proliferation of startups spinning out inventions, it can certainly seem that way. In this episode, though, economist Tyler Cowen argues that none of this has really transformed the ways we live over the last 50 years. But he contends that now that's changing, as new breakthroughs in science and medicine push us out of the so-called "Great Stagnation" into a new era of meaningful innovation.

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