Coronavirus forces economics profession to leave comfort zone | Mohamed El-Erian

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Coronavirus forces economics profession to leave comfort zone | Mohamed El-Erian
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For years there has been a stubborn reluctance to adopt a more multidisciplinary approach

With the coronavirus devastating one economy after another, the economics profession – and thus the analytical underpinnings for sound policymaking and crisis management – is having to play catchup. Of particular concern are the economics of viral contagion, of fear and of “circuit breakers”. The more that economic thinking advances to meet changing realities, the better will be the analysis that informs the policy response.

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