Professor Nicholas Economides compares the stimulus packages put forth by governments in Europe vs. the U.S.
— April 20, 2020
Excerpt from Fortune -- "Nicholas Economides, economics professor at New York University’s Stern School of Business, said when it comes to policies directed at the labor market, size matters. In the U.S., the stimulus package was about 10% of GDP and there was a discussion about increasing it 'while in the euro zone they’ve talked about 500 billion euros which is less than 5% of the GDP of the euro zone. I think that would be totally inadequate,' he told Fortune."