Confucius: the man who broke the mountain was the same man who started ...
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Pandemic Opens Door to Ideas New and Old for a Better Economy
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)
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