{"id":15219,"date":"2020-06-16T13:42:25","date_gmt":"2020-06-16T11:42:25","guid":{"rendered":"https:\/\/wp.nobelprizemuseum.se\/?p=15219"},"modified":"2020-06-17T14:19:35","modified_gmt":"2020-06-17T12:19:35","slug":"economics-laureates-on-the-current-pandemic","status":"publish","type":"post","link":"https:\/\/wp.nobelprizemuseum.se\/en\/economics-laureates-on-the-current-pandemic\/","title":{"rendered":"Economics Laureates on the current pandemic"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"school_subject":[],"school_grade":[],"class_list":["post-15219","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":{"page_navigation_title":"","page_navigation_links":false,"visa_som_tips":false,"ingress":"Pandemics have wide-ranging impacts on the economy. Paul Romer and Paul Krugman are two economists who have been active in the public discourse during the coronavirus crisis.","main_image":{"ID":15366,"id":15366,"title":"Paul-Romer-1024x768eng","filename":"Paul-Romer-1024x768eng.jpg","filesize":76543,"url":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng.jpg","link":"https:\/\/wp.nobelprizemuseum.se\/en\/economics-laureates-on-the-current-pandemic\/paul-romer-1024x768eng\/","alt":"","author":"9","description":"","caption":"Paul Romer was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in\u00a02018. Photo: Alexander Mahmoud","name":"paul-romer-1024x768eng","status":"inherit","uploaded_to":15219,"date":"2020-06-16 11:59:33","modified":"2020-06-16 12:00:42","menu_order":0,"mime_type":"image\/jpeg","type":"image","subtype":"jpeg","icon":"https:\/\/wp.nobelprizemuseum.se\/wp-includes\/images\/media\/default.png","width":1024,"height":768,"sizes":{"thumbnail":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng-300x225.jpg","medium-width":300,"medium-height":225,"medium_large":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng-768x576.jpg","medium_large-width":768,"medium_large-height":576,"large":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng-1024x768.jpg","large-width":1024,"large-height":768,"1536x1536":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng.jpg","1536x1536-width":1024,"1536x1536-height":768,"2048x2048":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng.jpg","2048x2048-width":1024,"2048x2048-height":768,"380x305":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/Paul-Romer-1024x768eng.jpg","380x305-width":570,"380x305-height":428}},"must_be_portrait":false,"info":false,"post_block":[{"acf_fc_layout":"text_content","text_block":"<p>Paul Romer has expressed concerns about the pandemic\u2019s effects on the economy but is optimistic about the possibilities of technology. He supports widespread testing. Those who are infected have to stay home for two weeks while others can work and take part in other ways in society.<\/p>\n<p>Paul Romer was awarded the prize &#8220;for integrating technological innovations into long-run macroeconomic analysis.&#8221;\u00a0Paul Romer has demonstrated how knowledge can function as a driver of long-term economic growth. He showed how economic forces govern the willingness of firms to produce new ideas.<\/p>\n<p>His thoughts are developed in his lecture during the Nobel Week 2018.<\/p>\n<p><iframe loading=\"lazy\" title=\"Prize lecture: Paul M. Romer, Prize in Economic Sciences 2018\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/vZmgZGIZtiM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n"},{"acf_fc_layout":"single_image_block","image":{"ID":15423,"id":15423,"title":"Paul Krugman 2008","filename":"2008-eco-krugman-official-portrait_smallen.jpg","filesize":226068,"url":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen.jpg","link":"https:\/\/wp.nobelprizemuseum.se\/en\/economics-laureates-on-the-current-pandemic\/paul-krugman-2008-2\/","alt":"","author":"9","description":"","caption":"Krugman has pointed out the risks of new outbreaks if society opens up too soon, and he supports extensive testing and contact tracing. He has developed his thought in The New York Times.\n\u00a9 Nobelstiftelsen. Photo: U. Montan","name":"paul-krugman-2008-2","status":"inherit","uploaded_to":15219,"date":"2020-06-17 09:26:14","modified":"2020-06-17 09:28:19","menu_order":0,"mime_type":"image\/jpeg","type":"image","subtype":"jpeg","icon":"https:\/\/wp.nobelprizemuseum.se\/wp-includes\/images\/media\/default.png","width":1000,"height":662,"sizes":{"thumbnail":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen-300x199.jpg","medium-width":300,"medium-height":199,"medium_large":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen-768x508.jpg","medium_large-width":768,"medium_large-height":508,"large":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen.jpg","large-width":1000,"large-height":662,"1536x1536":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen.jpg","1536x1536-width":1000,"1536x1536-height":662,"2048x2048":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen.jpg","2048x2048-width":1000,"2048x2048-height":662,"380x305":"https:\/\/wp.nobelprizemuseum.se\/wp-content\/uploads\/2020\/06\/2008-eco-krugman-official-portrait_smallen.jpg","380x305-width":570,"380x305-height":377}}},{"acf_fc_layout":"text_content","text_block":"<p><span lang=\"EN-US\">Paul Krugman has developed his thoughts<\/span>\u00a0in <a href=\"https:\/\/www.nytimes.com\/2020\/05\/11\/opinion\/coronavirus-depression.html\">The New York Times.<\/a><\/p>\n<p>Paul Krugman was awarded the <span class=\"A2\"><span lang=\"EN-GB\">Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in\u00a0<\/span><\/span>2008. Ten years later Paul Romer receieved the <span lang=\"EN-GB\">economic sciences prize.<\/span><\/p>\n"}],"related_posts":false,"start_date":"","stop_date":"","start_date_v2":"","stop_date_v2":"","link_to_event_page":{"ID":15250,"post_author":"9","post_date":"2020-06-15 11:01:02","post_date_gmt":"2020-06-15 09:01:02","post_content":"","post_title":"Contagious","post_excerpt":"","post_status":"draft","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"contagious","to_ping":"","pinged":"","post_modified":"2022-02-21 14:41:13","post_modified_gmt":"2022-02-21 13:41:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/wp.nobelprizemuseum.se\/?page_id=15250","menu_order":0,"post_type":"page","post_mime_type":"","comment_count":"0","filter":"raw"},"front-page-category":"","front_page_image":false,"front_page_ingress":"Pandemics have wide-ranging impacts on the economy. 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