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The Intelligence from The Economist

Heavy lifting: India’s lockdown tradeoffs

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 12 June 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

As the world’s largest lockdown loosens, we examine how it went wrong and the challenges ahead for a health-care system pushed to its limits. As statues fall across the globe our culture correspondent considers how they represent shifting values and hierarchies—and when they should go. And economists weigh in once again on the phenomenon of winning streaks. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio.

0:07.0

I'm your host, Jason Palmer.

0:09.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:17.0

Slave traders, Confederate heroes, colonizers, they're all heating the ground in America and Britain.

0:24.0

Activists want plenty of statues torn down.

0:27.0

But there's a nuanced debate to be had about how to write historical wrongs and how to teach people about them.

0:34.0

And the idea of a winning streak is a seductive one.

0:38.0

Sure gamblers and sporting types think that they get in the zone.

0:42.0

But is it real? And does it matter if it is if people just believe it?

0:46.0

Economists are again or rather still weighing in.

0:50.0

First up though.

0:57.0

In India, new coronavirus cases are spiking.

1:02.0

Today, for the first time, authorities announced more than 10,000 new cases in 24 hours.

1:08.0

The total number is now almost 300,000.

1:12.0

Earlier this week, an official in Delhi said the city could have more than half a million cases by July.

1:17.0

Even as more people fall ill, the country is opening up.

1:22.0

Cities are beginning to bustle.

1:25.0

Transport is running.

1:27.0

Places of warship are open.

1:30.0

It's clear that India's vast and haphazard lockdown, the world's largest, had punishingly high costs.

1:36.0

But lifting it will surely take a toll in the form of new infections.

1:40.0

The numbers that keep rising inexorably are still in the rise.

...

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