Navigating Crises: Insights from Keynes

This chapter provides an update on the ongoing global crisis, focusing on the resurgence of COVID-19 cases in previously successful regions like Hong Kong and Tokyo. It discusses the intertwined challenges of health, political credibility, and economic downturn, framed through the lens of Keynesian economics and its relevance today. Additionally, the chapter highlights the complexities of interpreting Keynes's work, his radical ideas during crises, and the necessary government interventions needed to sustain individual liberties.