Governments spent trillions of dollars in 2020 tackling the pandemic while propping up businesses and households. But the unprecedented expenditure has awakened real concern about such high levels of borrowing. World Bank Chief Economist Carmen Reinhart says we should worry about winning the war first and how to pay fo

There’s little debate that Covid-19 has crushed economies and triggered government rescue efforts not seen in modern times. On this week’s episode, World Bank Chief Economist Carmen Reinhart and fellow Harvard professor Kenneth Rogoff, authors of “This Time Is Different: Eight Centuries of Financial Folly,” discuss wha

Pandemics are not new but the way the world has responded is unprecedented. As country after country calls time-out on their daily lives, the global economy is in free-fall. Carmen Reinhart says it's wartime and we need to be better soldiers. Professor Gigi Foster agrees. We must aggressively quarantine and protect vul

“I was born in a different country, and that colored my life experience,” says Carmen Reinhart, Harvard professor, about her decision to study international economics. She discusses the male-dominated field of finance and explains how she approaches economics with a detective’s frame of mind.

Carmen Reinhart of the University of Maryland talks with EconTalk host Russ Roberts about the ideas in her book This Time is Different: Eight Centuries of Financial Folly (co-authored with Kenneth Rogoff). They discuss the role of capital inflows in financial crises, the challenges of learning the right lessons, and wh