As the coronavirus marches on, can wartime measures save us from a depression? - a podcast by ABC Radio

Pandemics are not new but the way the world has responded is unprecedented.

As country after country calls time-out on their daily lives, the global economy is in free-fall.

Carmen Reinhart says it's wartime and we need to be better soldiers.

Professor Gigi Foster agrees. We must aggressively quarantine and protect vulnerable people by day. Then go for a beer afterwards so the publican can pay his workers.

Harvard Professor Carmen Reinhart, co-author of This time it’s different: an account of eight centuries of financial folly

Further episodes of The Economists 

Further podcasts by ABC Radio

Website of ABC Radio