May 27 2020 17 mins 41
When we think about the impact of coronavirus on businesses and the economy, the immediate focus is on the negatives – the damage to businesses viability and fall in consumer confidence, as well as the astonishing growth in public sector borrowing that the taxpayer will somehow have to repay. But are we missing the bright spots in the gloom? Many businesses have moved rapidly to adapt their business models to the new normal, with some innovative responses to ensure they can keep operating during lockdown. Emma Revell, Head of Communications at the Institute of Economic Affairs speaks to Dr Kristian Niemietz, Head of Political Economy, about the entrepreneurial flourishing happening during the coronavirus outbreak. Kristian has written about the subject for Reaction which prompted this discussion, you can read the full piece here. To help the IEA keep our content going during these difficult times a contribution, no matter how modest, would be a huge help. You can donate online via our website.
