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The Times

The GFC provided the secret sauce we used to ward off the COVID recession

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
The GFC provided the secret sauce we used to ward off the COVID recessionaldegonde/Shutterstock

We got an awful lot right during the COVID crisis — an awful lot that we couldn’t have got right just a few years earlier.

Which is another way of saying we were incredibly lucky.

Had COVID attacked during the 1980s there would have been no way to make a messenger RNA vaccine, not even for animals.

The national...

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