A long walk off a short economic cliff (with Trevon Logan)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 18 August 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Recessions are inevitable—but the complete economic catastrophe that we’ve experienced for the last five months was not. Professor Trevon Logan explains where we went wrong, debunks myths about the federal unemployment benefit (no, it doesn’t disincentivize people from returning to work!), and calls on Congress to steer us away from this economic cliff. Trevon Logan is a Professor of Economics and Associate Dean at Ohio State University, and Director of the American Economic Association Mentoring Program. He is also a Research Associate at the National Bureau of Economic Research. He specializes in economic history, economic demography, and applied microeconomics. Twitter: @TrevonDLogan Further reading: Vox: We are sleepwalking toward economic catastrophe Wall Street Journal: Lapse in Extra Unemployment Benefits to Hurt U.S. Recovery, Economists Say PBS NewsHour: The economics behind racial coronavirus disparities Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

Click on a timestamp to play from that location

0:00.0	So here we are still in the midst of the pandemic and the economic impacts to Americans are still staggering.
0:10.0	We are essentially trading water in the coronavirus pandemic, whereas many of our peers are certainly
0:16.6	on the downside of their peaks.
0:20.1	We are, in the words of our guest today today driving in sort of slow motion towards an economic cliff.
0:27.6	From the offices of Civic Ventures in downtown Seattle, this is Pitch Fork Economics with
0:38.3	Nick Hanauer, where we explore everything they forgot to teach you in Econ 101.
0:45.0	I'm Nick Hanauer, founder of Civic Ventures.
0:51.0	I'm Jessen Farrell and I'm Senior Vice President at Civic Ventures. I'm Jessen Farrell and I'm Senior Vice President at Civic Ventures and a former state
0:56.0	legislator.
0:57.0	Yeah, so Jessen, here we are in August, and Congress continues to dither about what to do with the continuing
1:09.7	coronavirus pandemic and the economic response. the
1:12.8	economic response and we are, you know, in the words of our guests today,
1:19.8	driving in sort of slow motion towards an economic cliff and feels like it's really
1:26.7	time to get some more stuff done. The national coronavirus numbers are really high. That so-called V-shaped recovery that was promoted
1:37.8	quite a bit in May, April and May never happened. And the policy response on both the public health side and the economic side are really, really
1:48.2	inadequate. So here we are.
1:50.2	Yeah. Well today we have a really interesting guest Dr Trayvon Logan, who's an economics professor at Ohio State University and director of Economic Association Mentoring Program.
2:03.2	He caught our eye in a variety of interviews
2:06.2	and writings, and I think it has a great way of characterizing
2:10.6	the current problem.
2:12.0	It should be an interesting chat.
2:15.0	I'm Trebon Logan Professor of Economics and Associate Dean in the College of Arts and Sciences at the Ohio State University
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Civic Ventures, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Civic Ventures and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.