Pandemic Opens Door to Ideas New and Old for a Better Economy

From bnnbloomberg.ca

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. Yet moves such as governments mailing checks to citizens and the U.K. administration borrowing direct from the Bank of England also offer a glimpse of different ways of running things in the longer-term. “Every crisis is an opportunity to rethink priorities,” said Maria Demertzis, deputy ... (full story)