LONGER-TERM PROSPECTS OF CORONAVIRUS RESPONSE: BIGGER STATE, HIGHER TAXES

World leaders from President Trump to President Emmanuel Macron of France and Queen Elizabeth II of Britain have invoked the wartime spirit as they rally citizens to defeat the new coronavirus.

Like the great wars of the 20th century, some analysts and historians think the current crisis could fuel a new era of big government in which public officials control more of the levers of the economy, for better or for worse.

“National institutions tend to get significantly better funding during wartime, and it’s very difficult to reverse that when people are used to it,” said Tony Travers, a professor of government at the London School of Economics who advises the U.K. government.

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