3min chapter

Odd Lots cover image

A Concrete Plan to Bring the Price of Oil Down Right Now

Odd Lots

CHAPTER

Is There a Way to Smooth the Cycle?

One of the criticisms of government intervention inmar it has always been that it might inadvertently end up exasperating booms and busts. And we've seen this dynamic a number of times in places where there is a lot of government intervention. So i guess my question is, how do you insure that these types of support measures smooth the cycle, rather than exasperate them on the way up as well as on the way down? I mean, the issue here is that we're in an acute crisis day.

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