Why a Pandemic Is Not a Recession | R. David Ranson and Graham H. Walker
Posted: Fri. April 24, 2020, 11:02am PT
Posted: Fri. April 24, 2020, 11:02am PT
Executive Director Dr. Graham H. Walker interviews Dr. R. David Ranson (author of Why a Pandemic Is Not a Recession.) who argues that the most likely cause of a recession, if we are to have one in conjunction with an epidemic, is compulsive government efforts to slow the spread of a disease by extending interference in economic life to the point where it becomes counterproductive, undermining peoples livelihoods as well as ultimately their health.