Most economists are greatly
underestimating the economic challenges posed by the Covid19 pandemic.
Without a correct understanding of those challenges, the aggressive
monetary and fiscal measures many government are now pursuing will fall
well short of their goals. They will go down in history as economic
Marginot Lines—scaled up versions of tools designed to fight past crises. [ . . .]
Paulo dos Santos
https://developingeconomics.org/2020/04/02/time-for-a-rethink-on-the-worth-of-work/
