meta_pixel
Tapesearch Logo
Log in
Best of the Spectator

The Edition: coronomics and the reality of a surreal crash

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 2 April 2020

⏱️ 40 minutes

🧾️ Download transcript

Summary

On the podcast this week, we take a look at the exceptional nature of 'coronomics' and what comes after (00:55), how the Swedish are dealing with coronavirus differently (18:50), and lessons in solitude from a polar explorer (31:15).

With Kate Andrews, Lionel Barber, Fredrik Erixon, Yascha Mounk and Geoff Wilson.

Presented by Cindy Yu.

Produced by Cindy Yu and Gus Carter.

Transcript

Click on a timestamp to play from that location

0:00.0

This month, The Spectator becomes the first magazine in history to print 10,000 issues,

0:05.9

and we'd like to celebrate with you.

0:08.3

Subscribe to The Spectator for 12 weeks for just £12.

0:12.2

Plus, we'll send you a bottle of commemorative Spectator gin, absolutely free.

0:17.7

Go to spectator.com.uk forward slash celebrate.

0:26.9

Hello and welcome to the edition, the Spectator's weekly podcast discussing some of the most important

0:32.3

and intriguing issues within our pages each week with the writers behind them.

0:39.9

I'm Cindy Yu. This week we take a look at the exceptional nature of coronomics and what comes after. We also take a look at Sweden

0:45.6

where things are done a little bit differently. And at the very end, I talked to someone who's

0:51.0

very used to solitude, explorer Jeff Wilson. First, in this week's cover article, Kate Andrews writes about the absurdity of coronomics, pointing out how this economic slowdown is unlike any other.

1:03.0

She's also joined in the magazine and on the podcast now by the former FT editor Lionel Barber in his first article since stepping down.

1:12.0

Kate, let's start with you. Can you tell us about the absurdity of coronomics?

1:16.2

Coronomics is this new study of economics that has been forced upon us because of COVID-19.

1:22.4

And it's like nothing we've ever seen before. We've had recessions, depressions, crashes,

1:29.7

really bad ones. But unlike these instances that came before, now you have a scenario where you can't stimulate the

1:35.5

economy as you once would have done to get things back on track. Because of the public health

1:40.4

risks around COVID-19, it's important that we're not out boosting the economy, spending

1:45.8

money. We have to stay indoors for the health of ourselves and our loved ones and our neighbors.

1:50.3

So the government has to find a way to keep the economy afloat as we get through this while also not

1:55.5

stimulating normal economic activity. Because of that, you've seen, you know, big sectors essentially have to

2:01.4

shut down, hibernate. But on the other side, you're seeing some booms in other sectors, especially

2:07.2

around online deliveries, supermarkets, and the rest. I mean, our sense of supply and demand,

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.