Bruegel Event Recordings
Law and macroeconomics: legal responses to recessions
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:03:42
- More information
Informações:
Synopsis
After the economic crisis of 2008, private-sector spending took nearly a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach whose proven success is too rarely acknowledged. Harking back to New Deal regulatory agencies, Listokin proposes that we take seriously law’s ability to function as a macroeconomic tool, capable of stimulating demand when needed and relieving demand when it threatens to overheat economies.