3min chapter

The Joe Walker Podcast cover image

How To Put The Economy Into A Coma - Chris Edmond & Steve Hamilton

The Joe Walker Podcast

CHAPTER

The Keynesian Approach to the Recession

The Australian government could limit the duration of the lockdown to a matter of weeks if it went really, really hard. But let's also agree that that is probably not likely. So we can assume that this lockdown might carry on for many months instead. And obviously measures will be added or removed incrementally as we move through the pandemic. Given that assumption, let's talk about what the fiscal response should be. Steve and Stan Vega have been speaking about this for a while.

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