Keeping business alive: the government will pay
To prevent the coronavirus shock to demand precipitating a long-lasting depression, government needs to become short-term payer of last resort.
About Emmanuel Saez and Gabriel Zucman
Emmanuel Saez is director of the Center for Equitable Growth at the University of California at Berkeley; Gabriel Zucman is professor of economics there. They are co-authors of The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.
