Out of the Crisis cover image

Out of the Crisis

Noah Smith and Brad DeLong: the cost of the crisis

Aug 31, 2020
01:01:19

We are now seeing how damaging our weak response to the pandemic was in the US. Both on human lives and on the economy. But, how much would it actually have cost, if we had completely shuttered the economy for six weeks and paid everyone to stay at home? Would it be cheaper and more effective than the patchwork responses we are seeing now?

These questions are not easy to answer, so I spoke to two economic experts Brad DeLong and Noah Smith. Brad and Noah don't agree on much, or really anything. However, they came together on one idea. We missed and are still missing a massive opportunity to save lives and save the economy.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode