That spherical-cow economists doubt it did anything suggests economics is mostly bullshit. But the fact that it’s unique effects haven’t been replicated in plans inspired by it suggest its defenders misunderstand it too. It was a unique surgery not a general model.
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And even then, the loose ends and 1990s aftershocks it created scripted out present mess. The Marshall Plan (intended) and NATO (unintended scope creep) eventually led, via a long causal chain, to Trumpism and even Covid response failure. A key cause can’t be a key to the cure.
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tldr of this live-read: If Covid-recovery needs a Marshall Plan style effort, we’re boned. Seek inspiration elsewhere.
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