Prudence during Good Times Means Ability to Spend during Bad Times | Mercatus Center

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    classical liberal values with new and innovative thinking
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COVID-19 Crisis Response

Expert Commentary

April 15, 2020

Prudence during Good Times Means Ability to Spend during Bad Times

National Review Online

Veronique de Rugy

George Gibbs Chair in Political Economy

Veronique de Rugy discusses how the growing national debt inhibited the government's response to the coronavirus.

Read more in National Review Online.

Spending, Deficits, & Debt