Welcome to the ‘Careful’ Economy

Update: 2020-05-29

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John Cochrane analyzes the difficulties of reopening the American economy with restrictive new protocols, argues that the enthusiasm for bringing industry back from China is overwrought, and warns that the risk of future inflation is real.

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Welcome to the ‘Careful’ Economy

#box-pro-ellipsis-173250079619288{-webkit-line-clamp:2;}Welcome to the ‘Careful’ Economy

Welcome to the ‘Careful’ Economy

Hoover Institution

Welcome to the ‘Careful’ Economy