Lock Down or Open Up: What’s Best For The Economy?
If you had to choose a Covid response policy that is best for our economy, what does it look like? Does it involve lengthy lockdowns or having a more open economy? At first glance – opening up may seem like a better economic choice… There are however many misconceptions about how lockdowns affect our economy, and what the economic impacts of opening up are. To help us better understand the economics of lockdowns, Professor John Quiggan from the School of Economics at the University of Queensland joined the Thursday Daily.