A Traditional Economic Stimulus Won’t Work. Here’s What Might.

More countries should follow Denmark’s example

A man walks through the U.S. Capitol Rotunda, empty of tourists as only essential staff and journalists are allowed to work during the coronavirus pandemic on March 24, 2020 in Washington, DC. Photo: Chip Somodevilla/Getty Images

As the Covid-19 pandemic brings the U.S. economy to a standstill, a severe drop in consumer demand is putting vast numbers of businesses at risk of bankruptcy, and millions of employees at risk of losing their jobs. With the U.S. government preparing to spend up to $2 trillion to…