British lessons for Europe in managing a post-pandemic boom
08 March 2021
The economic historian, Professor Susan Howson, once wrote of a time in Britain when “conditions were tailor-made for a boom… a large budget deficit, money and ‘near money’ were cheap and plentiful … (with) a strong effective demand for both consumption goods and capital goods”. This was a time of surging stock exchanges and boundless business optimism.
