COVID-Keynesianism was a short-term crisis management tactic. Neoliberal policymaking is back

When major economies adopted Keynesian policies to deal with the COVID pandemic, the move was hailed as a ­reorientation of economic policymaking around a new policy paradigm. However, James Wood, Valentina Ausserladscheider, and Matthew Sparkes argue that rather than marking a permanent shift away from neoliberalism, Keynesian-style policies may have been a temporary form of economic crisis management, and neoliberal economic ideas have become re-established post-COVID.