Archive for the ‘Covid-19’ Tag

The COVID Slide: Impact on Childhood   Leave a comment

Link: https://bfi.uchicago.edu/podcast/episode-18-the-covid-slide-impact-on-childhood/

Across the country there is concern about the impacts of remote learning on children, specifically those who are already at a disadvantage. Some students may be “losing” up to a year of education depending on their age. This podcast discusses the risks that families are facing right now, as well as research regarding the new roles of parents in their children’s education.

Original Air Date: August 30, 2020

Length: 32 minutes, 47 seconds

Financing a Sustainable Recovery   Leave a comment

Link: https://www.weforum.org/agenda/2020/09/great-reset-podcast-financing-sustainable-recovery-imf/

IMF chief Kristalina Georgieva discusses the need for sustained financial support from governments across the globe. Georgieva emphasizes that policymakers must keep in mind the future of their economies, and promote job creation in sectors which are developing, such as the green energy sector. Additionally, Georgieva discusses the need for investment everywhere in order to inhibit worsening global inequalities.

Original Air Date: September 11, 2020

Length: 16 minutes 11 seconds

Mask Communication   Leave a comment

Link: https://www.npr.org/2020/08/07/900273012/mask-communication

This podcast uses behavioral economics to analyze the reasons why people may refuse to wear masks. Economists believe when these individuals feel external constraints on their freedoms, they feel even less inclined to wear a mask. Behavioral economists discuss nudges/incentives that could be effective in this situation.

Original Air Date: August 7, 2020

Length: 26 minutes 26 seconds

Discussion Prompt: What are some other incentives you can think of that would influence more widespread mask wearing?

Vials, syringes, Packaging: The Small but Vital Components of COVID-19 Vaccine Distribution   Leave a comment

Link: https://www.marketplace.org/2020/09/18/covid-19-vaccine-components-vials-syringes-packaging-distribution/

There is increasing demand for a Covid-19 vaccine, and although many are developing, scientists are still unsure when an effective vaccine will be finished. There is also concern that low income countries will struggle to gain equitable access to the vaccine once it is produced. Thomas Cueni, the director general of the International Federation of Pharmaceutical Manufacturers and Associations emphasized the importance of high income countries buying into efforts which would subsidize lower income countries.

Original Air Date: September 18, 2020

Length: 5 minutes 10 seconds

Negative Oil   Leave a comment

Link: https://www.npr.org/2020/04/22/842095406/episode-993-negative-oil

Oil prices have officially fallen well below a dollar in the United States. This is extremely telling about the current state of the economy, considering this has never happened before.

Original Air Date: April 22 2020

Length: 16 minutes 22 seconds

Discussion Prompt: What can this tell us about the state of the global economy at the time of negative oil? If you were advising policy makers, how important would you say this event was or was not? Why?

Lives Vs. The Economy   Leave a comment

Link: https://www.npr.org/2020/04/15/835571843/episode-991-lives-vs-the-economy

Economists discuss the valuation of human life model to determine when the appropriate time to open the economy is. Federal agencies typically value a human life at $10 million. Many economists recently have said that right now, it is not worth it to open the economy back up.

Original Air Date: April 15, 2020

Length: 25 minutes 24 seconds

The Great Potato Giveaway   Leave a comment

Link: https://www.npr.org/2020/04/23/843437140/the-great-potato-giveaway

Since the beginning of the pandemic, the agriculture supply chain has been suffering. Although the shelves at grocery stores are not fully stocked, farmers are giving away their goods, or even turning it into fertilizer.

Original Air Date: April 23 2020

Length: 9 minutes 25 seconds

Discussion Prompt: How will this affect the agriculture industry? What does this tell us about how these markets are functioning? What solutions can you propose which would help the industry financially?

Why Sweden Isn’t Locking Down   Leave a comment

Link: https://www.npr.org/2020/04/09/831325721/why-sweden-isnt-locking-down

The majority of countries across the globe are enforcing mandatory lockdowns, but not Sweden. All businesses are remaining open, including schools, night clubs and gyms. Sweden’s head epidemiologist states that this approach is more sustainable and less disruptive to peoples’ lives.

Original Air Date: April 9, 2020

Length: 9 minutes 57 seconds

Discussion Prompt: Do you agree or disagree with Sweden’s approach to this pandemic? Why or why not?

Note: Sweden’s chief epidemiologist has since admitted this policy resulted in “too many deaths

Coronavirus and The Gig Economy   Leave a comment

Link: https://www.npr.org/2020/04/07/829264795/coronavirus-and-the-gig-economy

Delivery and service workers are considered essential right now. Without them, the economy would likely be in even more trouble than it already is. That being said, they are paid a very low wage, and some are not even being provided with adequate protection such as masks and gloves.

Original Air Date: April 7, 2020

Length: 9 minutes 56 seconds

Discussion Prompt: With the current increased demand for Instacart and other grocery delivery services, do you think demand will stay high after the pandemic? Use economic thinking to analyze what you think is happening in the market now. How do you think will this market change once the pandemic ends?

Three Ideas to Fight the Recession   Leave a comment

Link: https://www.npr.org/2020/04/01/825639315/three-ideas-to-fight-the-recession

Many economists believe the stimulus provided in the CARES Act may end up not being enough to combat the current economic downturn. Economists are suggesting three things: using automatic triggers, such as a rise in the unemployment rate, to trigger future payments by the government; allowing individuals to receive their money through mobile apps such as Venmo; and allowing small businesses to refinance existing debt.

Original Air Date: April 1, 2020

Length: 9 minutes 20 seconds

Written Assignment Prompt: Discuss the pros and cons of the ideas discussed in this podcast. Which, if any, do you think will have the best impact on the economy? What ideas can you come up with that may help combat the effects of this recession?