Coronavirus
How Many Jobs Can Be Done at Home? In the United States, It’s 37 percent
Evaluating the economic impact of "social distancing" measures taken to arrest the spread of Covid-19 raises a fundamental question about the modern economy: How...
A New Capitalisn’t Episode: Winners and Losers in the Stimulus Bill – a Reading List
In order to combat the coronavirus, Congress has passed a $2 trillion stimulus bill that targets individuals, small businesses, and large corporations. From an...
“The Way Insurance Companies Have Rigged Our Health Care System, They’re Probably Going to Emerge as Financial Winners from This”
Author and former health insurance executive Wendell Potter explains to ProMarket why the employer-based health care system in the US is “collapsing” and why health...
Managing Expectations Is Critical to Ensure Compliance with Stay-at-Home Measures
A study of a representative sample of Italians finds that 50 percent of respondents reported having adopted all recommended actions, including staying at home,...
Is Monetary Policy Independence Out of Date? A Mini-Course With Paul Tucker (Part 3)
The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...
Why Amazon Is Poised to Emerge from the Covid-19 Crisis Stronger Than Ever
So far, Amazon has reacted to the coronavirus outbreak with restrictions designed to cement its market power at the expense of merchants and consumers.
Amazon...
An Alternative to Complete Shutdown: Let Younger People Work
The mortality rate of Covid-19 is rising with age. The cost of the economic shutdown declines with the number of people not subject to the shutdown. Consequently,...
Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow
Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...
How the Covid-19 Pandemic Will Affect Four Types of Labor
A tremendous shock like that of the coronavirus totally unbalances new demand for four different types of labor. The category policymakers should be...
The Stimulus Package Is Too Expensive and Poorly Targeted: The Waste Contained in the CARES Act
A cost-effective stimulus to mend the effects of a 24 percent drop in GDP would cost no more than $1.3 trillion over a 6-month...
