Making Sense of the Economic Impact of the Coronavirus
After Hours
TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee
4.8 • 1.4K Ratings
🗓️ 11 March 2020
⏱️ 34 minutes
🧾️ Download transcript
Summary
Youngme Moon , Felix Oberholzer-Gee , and Mihir Desai discuss the impact of the coronavirus on the economy. How alarmed should people be about swings in the stock market? Should the Federal Reserve cut interest rates further? What should be the government’s fiscal policy response?
Recent picks, and recommended reading/websites:
- Myth Busters: Busting Myths about COVID-19 (World Health Organization)
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Transcript
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| 0:00.0 | Ted Audio Collective. I believe in rethinking ideas we've taken for granted to learn how to live better. |
| 0:14.1 | In my new podcast, Rethinking, I ask today's greatest minds, how they think, and what assumptions |
| 0:20.1 | we should all reconsider. Listen to rethinking wherever you get your |
| 0:23.4 | podcasts. |
| 0:25.8 | HBR presents. Hi everyone you're listening to after hours I'm young me I'm me here and I'm Felix so we are |
| 0:47.2 | taking this episode in the 11th hour it is very late on Tuesday night because we have decided to devote this entire episode to the fallout from the coronavirus. |
| 0:58.0 | Now, we know we have listeners from all around the world, including countries that have been hit very hard by the |
| 1:03.4 | virus and we're sensitive to the fact that getting a handle on the spread and |
| 1:06.9 | taking care of those who are ill nothing is more important than that. |
| 1:10.9 | Having said that on this podcast we've decided that we aren't |
| 1:14.8 | quite comfortable talking about the virus itself. It's just not our |
| 1:18.8 | comparative advantage let's just say. There's so many better sources for that |
| 1:21.9 | as well. And I think we also feel like there's a whole other side to this about the way that impacts our lives, businesses, the way we lead and what we should be doing from an economic perspective. That's where we potentially have more to offer. |
| 1:33.4 | Right, so we are going to talk about some of the economic implications, but before we do that, |
| 1:38.6 | one quick housekeeping note, many, many of you signed up for our mailing list, so thank you all for that. |
| 1:44.0 | And we want you to know that we sent out our first test email a couple of days ago. |
| 1:49.0 | If you did not receive it, check your spam folder. |
| 1:52.0 | It's probably in there with a little welcome note and instructions for how to |
| 1:56.3 | submit questions to the podcast if you signed up check your spam folder |
| 1:59.7 | okay you guys ready to go? Yeah, we are. Let's do it. |
| 2:02.8 | Okay. |
| 2:07.8 | Okay, so let's get into it. And let's bear in mind that this is a fast moving situation. |
... |
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