precautionary behavior
2 episodes mention this concept
NewEconomicThinkingAug 23, 2020Joseph Stiglitz: An Economy Without Spare Tires - Pandemic Response, Neoliberalism, and the Crisis of Governance
EconomicsAggregate demand insufficiencySupply and demand shockEconomic resilienceCrisis preparedness
NewEconomicThinkingJun 16, 2020Reevaluating the US Policy Response to the COVID-19 Pandemic: Failures, Lessons, and Future Directions
EconomicsSupply-side shockDemand-side shockV-shaped recoveryU-shaped recovery
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