Conversations with Tyler

Paul Romer on a Culture of Science and Working Hard

May 20, 2020
In this engaging discussion, economist Paul Romer shares insights from his groundbreaking work on economic growth and development. He proposes innovative solutions for COVID-19, including mass testing and strategies for reopening schools. Romer critiques the FDA’s role in public health and explores the idea of charter cities for migration challenges. His reflections on human nature from experiences at Burning Man highlight the importance of a culture of science in society. With thoughts on reforming the World Bank and the potential of sub-Saharan Africa, Romer presents a hopeful view of economic collaboration.
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INSIGHT

Testing Limits

  • Germany's R number is still above one despite extensive testing.
  • Widespread testing alone may not guarantee virus suppression, especially in larger countries.
ADVICE

Using Test Data

  • Determine the value of information from testing before deciding how to use it.
  • Use test information gently, allowing self-isolation and empowering businesses to set access rules.
ANECDOTE

Testing Priorities

  • Paul Romer would prioritize testing in nursing homes to significantly reduce deaths.
  • He also suggests using tests to restart Major League Baseball in empty stadiums.
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