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BRIC and Emerging Economies

Winners and losers in the world after corona: the age of big government?

overnments will strong-arm or nationalize companies, pay salaries, compensate businesses and do it by printing money and piling up debt. No one expects the invisible hand to fix this problem, so we are in for an age of big government. If it sweeps aside foolish opposition in the United States to wiser taxation, gun control and especially universal health care, then coronavirus will have done some good.”

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