How do we measure the costs and benefits of lockdowns and how can we move forward to fully open the economy? Plus, the "statistical" value of a human life – how this measure underpins government decision making. The Economists are back on RN!

Guests:

Bob Gregory, Emeritus Professor, Australian National University and former board member of the Reserve Bank of Australia

Kip Viscusi, Professor of Law, Economics, and Management, Vanderbilt University, Nashville Tennessee