What Top Economists Take From the Covid-19 Crisis
What are the generational implications of closing down economies to protect the most vulnerable?
The novel coronavirus has reshaped the global economy, shifting the attitudes of governments, central bankers and consumers alike. It has changed how we work—if we work—and altered monetary and fiscal policy around the globe.
As this tumultuous season of Stephanomics draws to a close, host Stephanie Flanders speaks with two leading economists about what they’ve learned from the crisis so far. Stephen King, senior economic adviser at HSBC, and Adam Posen, president of the Peterson Institute for International Economics, share their thoughts on how their profession has reacted to the pandemic, what uncertainty means for businesses and markets, and the generational implications of closing down economies to protect the most vulnerable.