Peter Conti-Brown is the Class of 1965 Associate Professor of Financial Regulation and Co-Director of the Wharton Initiative on Financial Policy and Regulation at the University of Pennsylvania's Wharton School.
In his new book, “Shutdown: How Covid Shook the World’s Economy,” the historian Adam Tooze argues that the Federal Reserve's interventions preserved a flawed economic status quo. But it still isn't clear what the central bank could have done differently.
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