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Paul Romer on the COVID-19 Pandemic

EconTalk

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Navigating the COVID-19 Crisis

This chapter examines the profound effects of the COVID-19 pandemic on both society and the economy, highlighting issues such as high death rates and unemployment. It discusses the contrasting approaches of mitigation versus suppression, their long-term consequences, and the need for a balanced strategy. The speakers argue for a nuanced understanding of public health versus economic stability, emphasizing the psychological impacts of lockdowns and the importance of protective measures.

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