It is necessary to worry about health, but pessimism about the economy will hurt us
- Written by Gordon Menzies, Associate Professor of Economics, University of Technology Sydney
During this pandemic, our twin health and economic crises require two different types of concern, and they operate differently.
For the health crisis, a high level of concern is necessary. Saving lives demands nothing less than full compliance with unprecedented restrictions.
For the economic crisis, it is logical to be worried....
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