Fighting the Next Recession Using a Squirt Gun with a Spray Nozzle

As I write this, it is unclear how large the coronavirus effect will be on worldwide economies. It will be negative; we don’t know how bad. Nor do we know how long the direct effects will continue. Parts of China have already returned to work, but many places have not reopened. According to Bloomberg news, pollution levels are still 20% lower there than at the same time as last year.Italy has essentially self-quarantined, the country forbidding public gatherings including postponing all...