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Foreshadowing Change? Theories, Policies, and COVID-19
Journal of Economic Issues ( IF 1.0 ) Pub Date : 2021-06-17 , DOI: 10.1080/00213624.2021.1909353
Paolo Ramazzotti

Abstract:

The COVID-19 crisis determined a forceful change in European policy. Despite the theoretical dominance of the mainstream, metrics other than prices were used to decide how to deal with issues such as provisioning, subsidies, and the financial measures they required. This change, which involved both policy makers and the general public, undermined the dominant view that price-centered coordination of the economy constrains socially relevant decisions. It suggests that neoliberal dominance is not robust either in terms of policy priorities or in the way it affects people’s behavior. It also suggests that what a proper economic policy requires is an economic theory that does not merely describe the institutional status quo but foresees its possible change.



中文翻译:

预示变革?理论、政策和 COVID-19

摘要:

COVID-19 危机决定了欧洲政策的有力变化。尽管主流在理论上占据主导地位,但价格以外的指标被用来决定如何处理供应、补贴和所需的财务措施等问题。这种涉及决策者和公众的变化破坏了以价格为中心的经济协调限制了社会相关决策的主流观点。这表明新自由主义的主导地位在政策优先事项或它影响人们行为的方式方面都不是很强大。它还表明,适当的经济政策需要的是一种不仅描述制度现状而且预见其可能变化的经济理论。

更新日期:2021-06-18
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