Nobel Laureate Romer Says Time to Go Big on Borrow and Build

The transcript discusses the economic impact of COVID-19 and the need for effective public health measures. It compares state responses, highlighting the importance of testing and compliance. The conversation shifts to economic growth, emphasizing the need for infrastructure investment and addressing structural issues. The role of expertise in government and leadership's influence on decision-making is examined. Finally, demographic challenges and potential solutions for future growth are explored, stressing the importance of education and policy changes.

What measures do economists suggest are necessary to move past the COVID-19 pandemic?

What is the significance of testing and contact tracing in managing the pandemic according to the discussion?

How did the responses to COVID-19 differ between New Jersey and New York?

What are the long-term economic strategies suggested to stimulate growth post-pandemic?

How does the discussion address the issue of expertise and trust in the scientific community?

What historical example is referenced to illustrate bold initiatives in education and science?

What challenges are mentioned regarding the rebuilding of consensus in the country?