When should policymakers reach for the history books? Some examples from the 20th century
BankUnderground
JUNE 16, 2021
There is a large body of research on the economic impact of pandemics in the past, collected by the Economic History Society. Shiller’s (2020) narrative framework includes the 1920–21 recession in the United States after the global flu pandemic, race riots and divisive ideological extremism and highlights the risks of deflation.
Let's personalize your content