The Ezra Klein Show

What would Keynes do?

Informações:

Sinopse

The novel coronavirus — and America’s disastrously inept response — has shuttered the economy, leaving factories quiet, businesses closed, workers unable to do their jobs. Pulling out of this hole will require an economic effort unlike anything in recent history. We don’t just need a bit of stimulus. We will need a remobilization. But towards what end? This is the first episode in a four-part series exploring how to rebuild the economy after COVID. Future episodes will look at a Green New Deal, a children-centric economy, and a universal basic income. But I wanted to start at the beginning. What can the government do? What is the economy for? Why should we trust politicians, rather than markets, to allocate resources on this scale? Zach Carter is a senior reporter at HuffPost and the author of a new book, The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes. The book, which has widely been hailed as one of the year’s best, is a remarkable biography animated by a question many of us have