2min chapter

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425. Remembrance of Economic Crises Past

Freakonomics Radio

CHAPTER

Is the Great Recession the Model of the Great Depression?

In both those episodes, or basically any other recession, the only problem is a lack of demand. So i think we really need to throw away some of our previous experience and focus more on what's unique about a pandemic. Let's just give people tax cuts, and much more let's spend so that we solve the public health crisis. I'd maybe, you know, take inspiration from other countries to day that have made more progress than we have....

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