Link: https://www.npr.org/2020/03/13/815677688/episode-979-medicine-for-the-economy
Some economists believe the government should inject a monetary stimulus into the economy of hundred of millions, if not billions of dollars. Others believe our focus should be solely on the issue at hand: containing the Coronavirus. Economists discuss the importance of pushing funding into corona virus testing, paid sick days, and rebuilding after the public health issue is contained.
Original Air Date: March 13, 2020
Length: 25 minutes 17 seconds
Discussion Prompt: What is the role of the government in the economy in times of global health crises? Is a recession inevitable at this point, or are there ways the government can combat a sharp economic downturn?
Great session with some alternative views and a great summary or tag line regarding the difference between virus economics and business cycle economics. Will use.