Covid-19 | Pocket Lecture | The Medical Shock & the Economic Shock | Prof. Richard Baldwin
Richard Baldwin is Professor of International Economics at The Graduate Institute, Geneva.
In this 10 minute Pocket Lecture he will explain better than anyone the epidemiological curve of coronavirus and why the economic shock will last longer than the pandemic.
One of the best illustrations of how economics maps and models human behaviours at both the individual level and at the national level through government policies.
Choices and policies reflect values. Values require choices. And choices come with pros and cons which we are willing to accept to embody our values.