Let’s Not Repeat the Mistakes of the Great Depression0

• Economics
• May 26, 2020

During the Great Recession, President Obama’s chief-of-staff Rahm Emanuel infamously advised, “You never want a serious crisis to go to waste.” And, sure enough, the COVID-19 threat has given politicians another crisis to promote long-sought policy goals. Some are calling for a modern version of the New Deal, but is this a good idea? Setting