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The Ecb must finance Covid-19 deficits

Having witnessed the 2008 financial crisis and the subsequent eurozone debt crisis, Europe’s policymakers should already realize what the Covid-19 pandemic could mean for the economy. To avert a self-perpetuating downward spiral, the European Central Bank will need to start thinking outside the box. Da “Project Syndicate”.

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Plagued by Trumpism

For 40 years, Republicans have been insisting that “government is not the solution to our problem, government is the problem.” But now that COVID-19, climate change, and other collective threats are bearing down, the bankruptcy of this nostrum has been laid bare. Da “Project Syndicate”.

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A great equaliser

A little over two months of coronavirus have already wrought economic changes. As with any extreme event, epidemics suddenly shed light on certain social phenomena which we hazily know about but often tend to ignore or prefer not to think about. Da “Social Europe”.