News

A Crisis of Unnecessary Unemployment

Staggering job losses are not a foregone conclusion. There is still time to fix the federal government’s aid program.

America Will Struggle After Coronavirus. These Charts Show Why

This article is part of "The America We Need," a Times Opinion series exploring how the nation can emerge from this crisis stronger, fairer and more free.

Trump Voters Were More Reluctant to Acknowledge the Seriousness of the Pandemic and Adapt Their Behavior Accordingly

Using data on individuals' search behavior and cellphone movement data, a new study shows that areas with a high share of Trump voters began...

Why We Can Be Optimistic About the Long-Term Impact of the “Covid Economy”

In the short run, we have to save lives and hibernate the economy. In the longer term we will have slower, but important changes....

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...

Testing People and Targeted Isolation: How to Save More Lives (and the American Economy)

Nobel laureate Paul Romer's model shows that if we use a test to determine who gets put into isolation, the fraction of the population...

A Special Capitalisn’t Episode: A Cost-Benefit Analysis of the Economic Shutdown

One of the prominent economic debates to emerge during the coronavirus outbreak has been whether to continue with shelter-in-place measures that are hurting the...

From Most No-Brainer to Most Complicated: A List of Policy Proposals to Mitigate the Virus’ Impact

Policymakers need to figure out which sectors we wish to keep up and running (food, health care), which sectors we want to contract rapidly...

Latest news