Summary:
After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake.... Project Syndicate Capitalism’s Triple CrisisMariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex
Topics:
Mike Norman considers the following as important: coronavirus
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After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake.... Project Syndicate Capitalism’s Triple CrisisMariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex
Topics:
Mike Norman considers the following as important: coronavirus
This could be interesting, too:
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After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake....
Project Syndicate
Capitalism’s Triple CrisisMariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex