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Nobel Prize-winning economist Paul Romer joins Sarah and Steve to discuss his plan to safely and responsibly reopen the U.S. economy amid the coronavirus pandemic.
Show Notes:
-Roadmap to Responsibly Reopen America
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Paul Romer's plan to test, test, test, is the best approach until we have a vaccine, as his cost / benefit argument makes clear. Regarding Sarah's question about his political experience, he's not exactly a naif. In addition to him previously heading the World Bank, his father Roy Romer was governor of Colorado for three terms (elected 1986, 1990, 1994).
What's holding back the Romer plan? Money? Supply chain? This would have been an interesting line of the discussion. Has a state governor issued RFP(s) for testing capacity anywhere near a Romer plan?