Nine policy taboos overturned by covid-19

Siddiqi, Lutfey (2020) Nine policy taboos overturned by covid-19 [['eprint_typename_blog_post' not defined]]
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An economy is defined as a “circular flow of income”. One person’s spending is another person’s income. National income is the sum of everyone’s spending and loosely speaking, growth comes from increased velocity of that spending. Social distancing or lockdown is a deliberate interruption in that flow of income. A circuit-breaker for the virus is necessarily a circuit-breaker for the [...]

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