Apr 9, 2020

Nobel laureate on poverty and COVID-19

Noah Seelam/AFP via Getty Images

Warnings that the pandemic could push half a billion people into poverty. Nobel laureate Esther Duflo offers advice for aiding the poor. We're in for another awful report on layoffs in the U.S. today.

Segments From this episode

COVID-19

Roughly 1 in 10 workers have lost their jobs in the past 3 weeks

by Mitchell Hartman

Apr 9, 2020

The actual number of Americans out of work or nearly so is almost certainly higher.

With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark

Joe Raedle/Getty Images

EEC: Econ 101

How to help the poor amid COVID-19? Give them money, says Nobel laureate Esther Duflo

by David Brancaccio and Rose Conlon

Apr 9, 2020

If a segment of the population stops buying things, it could lead to a much larger economic crisis, Duflo warned.

Nobel laureate Esther Duflo points to direct cash transfers in coronavirus response.

Jonathan Nackstrand/AFP via Getty Images

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Music from the episode

Storm Returns (A Prefuse/Tommy Guerrero Interlude) Prefuse 73

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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