"Economists need to accept that our role is that of the technical adviser," he says. "Some members of the profession get into that mode, and i think they've done really, quite a bit of harm when they did that" He also criticizes dhe tec firms for being too closely tied to their customers' lives....
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