8 Reasons Why Covid-19 Damage to the Economy Will Be Deep and Lasting
Why the economy is still mighty sick and won’t get much better any time soon.
Read more...Category Archives: Doomsday scenarios
More on Frank Partnoy’s Misguided Take on Collateralized Loan Obligations
No, collateralized loan obligations are not about to wipe out banks, and Frank Partnoy should have focused on real risks, like destruction of productive capacity.
Read more...Reviving the Economy, Creating the ‘New Normal’
Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?
Read more...Restaurants Face Major Obstacles to Reopening
A recap of why restaurants will have a tough time regaining their footing.
Read more...No, We Don’t Need to Place Our Faith in Downloading Some Untested, Privacy-Infringing App as the Only Possible COVID-19 Slayer; Why Don’t We Look to Places that Have Successfully Limited Disease Spread and Copy Their Policies?
Ars Technica clutches pearls at poll showing decline in those willing to download privacy-infringing app to stymie spread of COVID-19.
Read more...Some Thoughts on New York City and the Dim Prospects for American Cities
Major cities are in serious trouble and hte outlook is grim.
Read more...Julian Assange Just Called. To Talk About the Pandemic’s Effect on Capitalism & Politics!
Yanis Varoufakis briefs Assange on the devolution of capitailsm.
Read more...The Cost of Staying Open: Voluntary Social Distancing and Lockdowns in the US
Yves here. As various analyses have shown, in many places, governments implemented lockdowns after citizens had started restricting their activities to avoid contracting Covid-19. It’s useful to see economists address the question of what the cost of doing nothing or very little would have been. By Adam Brzezinski, DPhil (PhD) candidate in Economics, University of […]
Read more...Police State Watch: Amnesty Targets Tear Gas
Amnesty International has yesterday launched a resource on global misuse of tear gas, in the US and elsewhere:
Read more...Food Security: UN Warns People Are Vulnerable to Shortages as the COVID-19 Pandemic Continues
United Nations warns about food security, particularly for the world’s poorest, as the COVID-19 recession overwhelms the globe.
Read more...Wolf Richter: The Chilling Things Delta Said about the Airline Business, the 90% Collapse in Q2 Revenues, and Why Some Demand Destruction May Be “Permanent”
Delta’s latest SEC filing reiterates the dire situation airlines face as a result of the COVID-19 pandemic.
Read more...Fliers Beware: Poor Mask Discipline Endemic Even Among Airline, Airport Staff
Airlines and airports are cutting their workers way too much slack in mask wearing. They are a hazard to each other and to passengers.
Read more...Scientists Around the World are Already Fighting the Next Pandemic
Scientists fight the next pandemic, driven by antibiotic resistance, where the technofix fairy won’t help, and the simplest solutions are the most sustainable.
Read more...Melting Ice Opens Doors for Wider Spread of Contaminants, Diseases
New pathways and new and more distant places are leading to additional scientific findings on impacts of melting Arctic ice.
Read more...How Africa is Coping With Coronavirus
Politics and the caliber of social programs have influenced how countries in Africa have tried to limit the economic damage of the coronavirus.
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