Jay Bhattacharya on the Pandemic

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4.7 • 4.4K Ratings

🗓️ 21 December 2020

⏱️ 81 minutes

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Summary

Economist and physician Jay Bhattacharya of Stanford University talks about the pandemic with EconTalk host Russ Roberts. Bhattacharya, along with Sunetra Gupta of the University of Oxford and Martin Kulldorff of Harvard University, authored The Great Barrington Declaration, which advocates a very different approach to fighting the pandemic than current policy and practice. Bhattacharya and his colleagues argue the best way to reduce overall harm is to focus protection efforts on those most at risk, while allowing low-risk populations to return to a more normal way of life. Bhattacharya argues that we have greatly neglected the costs of lockdown and self-quarantine.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find links
0:16.3	and other information related to today's conversation.
0:19.0	You'll also find our archives where you can listen to every episode we've ever done going
0:23.3	back to 2006.
0:25.5	For email address ismailodycontalk.org. We'd love to hear from you.
0:32.3	Today is November 20, 2020.
0:34.0	My guest is economist and physician Jay Bhattisharya of Stanford University where he is Professor
0:39.8	Medicine, a senior fellow at the Stanford Institute for Economic Policy Research and Director
0:44.8	of the Stanford Center on the Demography of Health and Aging.
0:48.8	Along with Martin Coldorf of Harvard and Siddet Regupt of Oxford, Jay is the author of the
0:53.4	Great Barrington Declaration which lays out an agenda for how to deal with the pandemic,
0:58.0	which as we record this piece in late November of 2020, it seems to be getting worse here
1:02.7	in the United States and in other places as well.
1:06.1	Jay, welcome to Econ Talk.
1:07.6	Nice to be here, Russ. Thanks for having me.
1:11.0	What do you think we've learned about the pandemic so far?
1:14.6	What do we know? There's a lot of things we don't know still, but what do you think we've
1:17.2	learned?
1:19.2	Let me just, there's a lot we have learned, but I want to cover just very briefly two things
1:23.8	that are very, very important, I think, for policy that we have learned.
	...

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