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Home / Columns and Features / Bailouts during the COVID-19 pandemic: Moral hazard or a necessity? (access required)

Bailouts during the COVID-19 pandemic: Moral hazard or a necessity? (access required)

COVID-19 is leaving a deeper mark on the economy than previously anticipated. Data shows that in the United States, the number of unemployment claims has dwarfed any other period in recent history. The first wave of unemployment followed immediately after the spread of the virus shut down small and more susceptible businesses. Now this wave ...

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