Recovering from the COVID-19 Economic Crisis

We are now in the acute economic phase of a crisis that is unprecedented in modern times — a health crisis from the coronavirus pandemic that has sparked a follow-on economic crisis. In this inaugural episode of EconoFact Chats, Dan Sichel at Wellesley College speaks with EconoFact’s Executive Editor Michael Klein about the economics of the COVID-19 crisis, what makes this crisis unique, and what lessons we can draw from the Great Depression and the 2008 financial crisis. For more, read Dan Sichel’s EconoFact memo How do economic crises end?

(Podcast recorded on 29th May, 2020)

Related content:

Podcasts:

• The U.S. Economy: Financial Stability, Longer-Term Risks and Reasons for Optimism (with Eric Rosengren, Federal Reserve Bank of Boston)
• The Federal Debt and the COVID-19 Recession (with Olivier Blanchard, Peterson Institute for International Economics)

Memos:

• How do Economic Crises End? (by Dan Sichel, Wellesley College)
• Policy Responses to the Economic Consequences of Coronavirus (by Megan Greene, Harvard University and Michael Klein, The Fletcher School, Tufts University)