Economics
Pandemic Opens Door to Ideas New and Old for a Better Economy
- Free money, billionaire taxes, and degrowth all being touted
- Previous crisis showed truly radical change is hard to achieve
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Modern economies will change forever after the coronavirus pandemic passes if some radical thinkers get their way.
Governments have already cast aside dogmas at least temporarily -- such as Germany’s “black zero” balanced budgets -- to protect companies and jobs in the deepest peacetime recession in almost a century.