6min chapter

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The longer arm of the law: Hong Kong

Economist Podcasts

CHAPTER

Rethinking Economics Post-Pandemic

This chapter examines the impact of the coronavirus crisis on global economic policies and encourages a reevaluation of traditional economic assumptions regarding welfare programs. It highlights the need to recognize the role of social norms and collective values in shaping individual behavior and economic decision-making. Through discussions on public funding for education and the limitations of self-interest models, it advocates for a new understanding that could enhance the effectiveness of welfare initiatives.

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