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Could cash payments ease recessions?
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Although we have dodged the bullet for now, the threat of a recession is always a concern for policy makers. The question is: will we be prepared next time? In this episode, we consider an alternative approach to stabilizing the economy during a recession through automatic monthly cash payments. The hope: faster relief, a reduced racial wealth gap and predictable income. Can it work?
Related episodes:
The Sahm Rule with the eponymous economist
Hear us out: We ban left turns and other big ideas (Apple / Spotify)
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