Covid-19 and even more unconventional economic policies

Building on their experience of the 2008 financial crisis, central banks have once again used unconventional monetary policy measures in an attempt to limit the economic consequences of Covid-19. Governments, too, have taken extraordinary measures to offset the costs of lockdown, in a clear departure from neoliberal paradigms. Depending on the emergence of a possible second or third wave of the virus, even more unconventional measures may be possible in the future.