Once the pandemic is over, “the inquest will be an arduous and probably an unpleasant process”, writes the IEA’s Director General Mark Littlewood.

In his biweekly column for The Times, Mark argues that we must avoid falling into the trap of “peddling simple, grand theories to explain successes and failures”.

Mark concludes that if we fall for “simplistic, grand narratives about which path to take, we will still win the coronavirus war but will squander the economic peace.”

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