66: There is no playbook: Why we can't compare the pandemic to the Great Recession
Since the start of the Covid-19 epidemic in the United States, many have tried to compare the economic fallout from the epidemic to previous crises of the past, especially the 2008-2009 recession. In this episode Rae sits down with Advisory Board's Yulan Egan and Christopher Kerns to talk about why you shouldn't use the 2008-2009 recession as a proxy for the challenges we faced and will continue to face in the wake of Covid-19, and why we need to throw out the recession playbook entirely.
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