Martin Wolf has written an article in the Financial Times in which he recommends that the government should become the buyer of last resort from companies whose turnovers have crashed as a result of coronavirus. The idea appears to be based on the work of Emmanuel Saez and Gabriel Zucman, both of Berkeley in the […]
source https://thebtrader.com/2020/03/17/martin-wolf-emmauel-saez-and-gabriel-zucman-are-wrong-the-government-should-never-be-the-customer-of-last-resort/?utm_source=rss&utm_medium=rss&utm_campaign=martin-wolf-emmauel-saez-and-gabriel-zucman-are-wrong-the-government-should-never-be-the-customer-of-last-resort
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