Crossroads ahead

Crossroads ahead

A balloon seller cycles on a road during ongoing Covid-19 lockdown in Ghaziabd, Sunday, April 19, 2020 In an editorial on April 3, the Financial Times of London wrote: “Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investments rather than liabilities, and look for ways to make labour markets less insecure. Redistribution will again be on the agenda… Policies until recently considered eccentric, such as basic income […]

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