Ryan Bourne returns to the podcast to discuss how the dramatic events of 2020 bring to life the most important principles of economic thought.Have you ever stopped to wonder why hand sanitizer was missing from your pharmacy for months after the COVID-19 pandemic hit? Why some employers and employees were arguing over workers being reâ€â€‹hired during the first COVID-19 lockdown? Why passenger airlines were able to get their own ringâ€â€‹fenced bailout from Congress?Ryan Bourne answers all of these questions in his latest book, Economics in One Virus. He helps to explain everything from why the U.S. was underprepared for the pandemic to how economists go about valuing the lives saved from lockdowns.
