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The Indicator from Planet Money

Economists weigh in on the abortion debate

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 20 May 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

With the Supreme Court expected to overturn its landmark decision on abortion rights, more than 150 economists submitted a brief with the court saying there will be major consequences if Roe v. Wade is overturned. Today on the show: How the field of causal inference helps economists decipher the effects abortion policy has had on people's lives during the past half century, and what the likely effects will be if Roe is overturned.

Transcript

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0:00.0

NPR.

0:11.8

This is the indicator from planet money.

0:13.4

I'm Wayland Wong.

0:14.6

And I'm Adrian Ma.

0:16.1

The issue of abortion has a lot of dimensions.

0:19.2

Medical, moral, legal.

0:22.1

So in the debate over what this country's abortion policy should be, we often hear from

0:27.2

doctors, activists, lawyers.

0:30.2

But in this current moment with the Supreme Court expected to overturn its landmark abortion

0:34.6

rights decision, Roe v Wade, we couldn't help but notice economists are also weighing

0:39.6

in.

0:40.6

Yeah, like Janet Yellen from a Fed chair and current Treasury Secretary.

0:43.8

Well, I believe that eliminating the right of women to make decisions about when and

0:50.4

whether to have children would have very damaging effects on the economy and would set women

0:57.7

back decades.

0:59.4

And in fact, Yellen is not the only economist making their views known.

1:03.6

More than 150 economists submitted a brief to the Supreme Court.

1:07.5

They argue if the court overturns Roe v Wade, it will have a negative impact on women's

1:13.0

economic lives, like lower wages and higher rates of poverty.

1:17.5

So what makes these economists so sure?

1:20.9

The answer has to do with a field known as causal inference.

1:25.5

To DM the show, how causal inference helps us understand what the economic consequences

...

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