Princeton Professor Markus Brunnermeier and Nobel laureate economist Paul Romer explore what options we have to stop the pandemic and recover economic activities. Is there a way to save more lives and more output? “What we are doing now is deeply inefficient, but we can still change and we don’t need to have a new technology on contact tracing to reduce the contagion,” Romer argues.
On Friday, April 3, Nobel laureate Paul Romer joined Markus Brunnermeier, director of Princeton’s Bendheim Center for Finance, for a seminar on the economic impact of the Covid-19 pandemic and strategies for re-starting the economy once social distancing measures are lifted.
Romer, economist and policy entrepreneur, is a co-recipient of the 2018 Nobel Prize in Economics Sciences and University Professor in Economics at NYU. He has spent his career at the intersection of economics, innovation, technology, and urbanization, working to speed up human progress.
Watch the webinar here:
Also, read Romer’s ProMarket piece on how to stop the pandemic with target isolation and testing:
ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Blog Policy.