How to avoid a W-shaped recession, according to a Harvard Professor

A customer holding a face mask leaves a shop after the government reopens bigger shops as well as small businesses in a loosening of the lockdown due to the coronavirus disease (COVID-19) outbreak, in Vienna, Austria May 2, 2020. REUTERS/Leonhard Foeger - RC2AGG9I3YNA

Policymakers are at risk of making two serious errors in fighting the pandemic. Image: REUTERS/Leonhard Foeger - RC2AGG9I3YNA

Jeffrey Frankel
Professor, Kennedy School of Government, Harvard University
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Evidence suggests that U.S. cities ended lockdowns too early during the 1918 pandemic. Image: National Academy of Sciences
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