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425. Remembrance of Economic Crises Past

Freakonomics Radio

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Adapting to Economic Shifts

This chapter examines the U.S. economy's dynamic nature compared to Europe, highlighting the challenges workers face during economic downturns such as the COVID crash. It discusses past economic policies, including the failures of the making work pay tax credit and the historical impact of public employment programs. The conversation emphasizes the need for public policy to adapt and provide opportunities for vulnerable populations amidst changing economic circumstances.

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