This is an interview as part of the Hoover Institution series which I found helpful in understanding what good recovery policy looks like. Key take-aways include not viewing the Government “hand outs” as “economic stimulus” but “buying time” – helping workers to meet their rent/mortgage and household bills until the economy picks up.
Also, Government needs to keep out of the way and let “innovation” drive the economic recovery, not use it as a time for Government to impose itself onto the economy.
There were many parallels with what we have already seen, and likely to see from the Government in the coming weeks and months. While it is 47 minutes, it is time well spent if economic matters are of interest to you.
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