They will spend it immediately and kick-start demand in the economy, says the 2019 Economics Nobel Prize winner.
Instead of cutting corporate taxes, the government should put money in the hands of poorer people who will spend it immediately and kick-start demand in the economy, said Economics Nobel Prize winner Abhijit Banerjee.
He was speaking at the launch of his latest book, Good Economics for Hard Times , on Friday, along with his co-author and fellow prize winner Esther Duflo.Withnnual budget coming up in less than a month’s time, and the country in the midst of an economic crisis, […]
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