Economic Theory

Entrepreneurial ingenuity has thrived during the pandemic


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Alexander C. R. Hammond writes for CapX

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Kristian Niemietz writes for Reaction

“There have been lots of rapid, innovative responses in the face of adversity” during the coronavirus outbreak, says Dr Kristian Niemietz, Head of Political Economy at the Institute of Economic Affairs.

Writing for Reaction, Kristian adds that coronavirus is not a crisis of capitalism – “we should not judge an economic system, or a healthcare system, by how well it copes with an unprecedented pandemic” – but that “entrepreneurial ingenuity and adaptability” will ultimately be what revives the economy again.

Read the full piece here.



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