The Four Rules of Pandemic Economics - Deepstash

Growth evangelists are right when they state that severe lockdowns produce a parallel human misery of unemployment, looming bankruptcies, and extreme financial anguish. Yet, opening the economy too...

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The Four Rules of Pandemic Economics

theatlantic.com

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“Save the economy or save lives” is a false choice.
A group of economists published a paper on the 1918 flu outbreak. Their findings revealed:

  • Early and aggressive...

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Asking millions of able-bodied workers to stop working creates a crisis of unemployment.

During this time, the U.S. is expanding unemployment benefits and are also delaying tax filing. I...

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Many small-and-medium-sized companies face extinction during the pandemic shutdown. While their income is gone, they still owe wages and rent to landlords. 

This could lead to cascading ...

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A three-or four-month freeze is one thing, a full year of isolation and economic inactivity is disastrous.

Our lack of knowledge about the virus is our greatest weakness. More tests c...

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