Our readingWhat is a korrent?
Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.
Drawn from what Ben Carlson said
What these subjects mean
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
fiscal policy The spending-and-taxing half of macro, as against the central-bank half: multipliers, stabilisers, stimulus.