Covid-19 and the economy

The coronavirus and the economy

We have seen quite a lot of commentary advocating fiscal measures to combat the spread of coronavirus, to provide services for those infected, and to counter the impact of the coronavirus on the economy. While no-one can articulate a fully worked out set of proposals, and their costs and financing, in a rapidly changing situation, we publish this brief to indicate principles we think should guide thinking about the relationship of the epidemic and the economy. These principles are as follows:

1. First, and foremost, we believe that the government should do everything possible […]

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