Phil Magness is a Senior Research Fellow at the American Institute for Economic Research. He is the author of numerous works on economic history, taxation, economic inequality, the history of slavery, and education policy in the United States.
Hear what Phil Magness, of the American Institute for Economic Research, has to say about the pandemic at hand.
Watch the interview on YouTube: https://youtu.be/K3jmt2KqZdo
The immediate trade-offs that come to mind are that the policy in place has clear affects in increases in substance abuse, depression, and all sorts of health affects. We saw this from the 2008 recession. This is a natural response when there are poor prospects for the future.Phil Magness, American Institute for Economic Research