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Alternative Macro Policy Response for a Pandemic Recession

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  • Jan Kregel

Abstract

As COVID-19 infection and test positivity rates rise in the United States and federal stimulus plans expire, Senior Scholar Jan Kregel articulates an alternative approach to analyzing the economic problems raised by the pandemic and organizing an appropriate policy response. In contrast to both the mainstream and some Keynesian-inspired approaches, Kregel advocates a central role for direct social provisioning as a means of equitably sharing the costs of quarantine under conditions of strict lockdown.

Suggested Citation

  • Jan Kregel, 2020. "Alternative Macro Policy Response for a Pandemic Recession," Economics Policy Note Archive 20-6, Levy Economics Institute.
    • Handle: RePEc:lev:levypn:20-6
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    Cited by:

    1. Mario Tonveronachi, 2021. "Ernesto Rossi, economista di Giustizia e Liberta' (Ernesto Rossi, economist of Justice and Liberty)," Moneta e Credito, Economia civile, vol. 74(295), pages 191-211.
    2. Jha, Praveen K. & Goyal, Meghna, 2022. "Situating the COVID-19 pandemic in the context of the Indian economy," IPE Working Papers 187/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    3. Daniel Haim, 2021. "What Jobs Should a Public Job Guarantee Provide?: Lessons from Hyman P. Minsky," Economics Working Paper Archive wp_981, Levy Economics Institute.

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