#91: How To Put The Economy Into A Coma - Chris Edmond & Steve Hamilton

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By josephnoelwalker@gmail.com and Joe Walker. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Chris Edmond and Steve Hamilton are Australian economists.
Show notes
Selected links
•Follow Chris Edmond: Website | Twitter
•Follow Steve Hamilton: Website | Twitter
•'A Rush Back to 'Normal' Would Be the Blunder of the Century', WIRED's interview of Larry Summers
•'Impact of non-pharmaceutical interventions to reduce COVID-19 mortality and healthcare demand', Imperial College London paper by Neil Ferguson et al
•'How the recession we have to have can be sharp but short', The Australian Financial Review article by Steve Hamilton and Stan Veuger
•'Coronavirus: payroll subsidy will save the economy', The Australian article by Chris Edmond and Bruce Preston
Topics discussed
•What happens to an economy when non-essential workers are told to stay home? 9:22
•The false choice between health and economic outcomes. 20:53
•How long do lockdowns need to last? 36:39
•Are Australia's lockdowns hard enough? 43:46
•What does pandemic-appropriate fiscal stimulus look like? 46:29
•Is this the end of surplus fetishism? 59:45
•JobKeeper. 1:06:44
•Will Australia see further rounds of stimulus? 1:19:21
•Is the financial economy healthy? 1:22:33
•Which one piece of advice would Steve and Chris give to the Australian Government? 1:26:26

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