Academic Commons

Reports

Insuring the Survival of Post-Pandemic Economies

Frydman, Roman; Phelps, Edmund S.

The substantial increase in the scale and scope of government action needed to tackle the COVID-19 pandemic should be viewed as an unprecedented form of short-term systemic insurance. This approach requires not only vast government spending but also a temporary state-led reorganization of the entire economy.

Files

  • thumnail for insuring_the_survival_of_post-pandemic_economies_working_paper_no._116.pdf insuring_the_survival_of_post-pandemic_economies_working_paper_no._116.pdf application/pdf 82.7 KB Download File

More About This Work

Academic Units
Center on Capitalism and Society
Economics
Series
Center on Capitalism and Society Working Papers, 116
Published Here
July 29, 2020

Notes

Originally published as an op-ed by Project Syndicate on March 23, 2020.