Let’s Not Send Thousand-Dollar Checks to Everyone
Let’s Not Send Thousand-Dollar Checks to Everyone 1A few days ago I asked if giving away money to everyone was really a good response to a recession caused by a pandemic. After all, the problem we face is not a lack of money, as we do in a normal recession. It’s fear of spending money. I am happy to see that one of my favorite economists, Dean Baker, seems to agree: In past recessions, the …
News story posted on 2020-03-17T17:47:00.0000000Z