Episode 3: Why economic and health models get it wrong

How will the COVID-19 pandemic change the global economy? In this episode, Rita speaks with Branko Milanovic, a Serbian-American economist and author, who is an expert on income inequality. The former lead economist at the World Bank discusses the pitfalls of economic modelling and why he’s doubtful that a reckoning is coming on income inequality.

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The COVID-19 pandemic has had far-reaching economic and health impacts on Canada and the rest of the world. It’s also shining light on social inequities. But eight months into the pandemic, what have we learned? And where do we go from here? Introducing Restoring Confidence, a new podcast from The Globe and Mail about our road to recovery. Join business columnist Rita Trichur as she speaks with leading experts in the fields of politics, economics, and healthcare to examine how Canada and its key trading partners are going to emerge from this crisis.