Macroeconomics

The first month of 2021 has passed. We are now exactly one year on from when the pandemic started. We have had a lot of casualties, a lot of people infected and, depending on the region, the trend is not under control yet. New mutations have put governments on high alert again and lockdowns have returned. We have to contain the pandemic, but a generalised hammer on entire nations does not seem to be an adequate tool any more. However, politicians decide and administrations have to handle it.

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