Coronavirus

Keeping Business Alive During the Coronavirus Crisis: Government as Buyer of Last Resort

The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...

Why More Elderly People Get Infected in Some Countries Compared to Others

Italy has a mortality rate of 6 percent while countries like Norway, Denmark, and Germany have rates still close to zero percent. The...

The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout

The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...

Captured Western Governments Are Failing the Coronavirus Test

In deciding on possible countermeasures, residents of Western democracies often hear only two opposite perspectives: Is the priority to minimize the loss of human...

Why Depending on China for US Health Needs Is Dangerous

In 2018, the Health Industry Distributor’s Association opposed Trump's tariffs on China with the argument that dependence on China for things hospitals needed, like gloves,...

The Stigler Center’s Journalists in Residence Program Postponed to Spring 2021

As the University of Chicago moves all of its spring classes online as a precautionary measure while the COVID-19 situation is evolving, the Stigler...

The Fight Against Coronavirus: What the US Can Learn from Italian Hospitals on How to Prevent a Disaster

In a Facebook post that has since become viral, Italian doctor Daniele Macchini offered a first-hand testimony from the Lombardy region, the epicenter of...

A New Capitalisn’t Episode: a Coronavirus Reading List

In this episode, Kate and Luigi give an economist's view of the coronavirus outbreak: How should we think about the economic trade-offs of interventionist...

Governments and Central Banks Have a Few Unpleasant Options to Stop the Economic Contagion

The global economy and financial markets are seriously hit by the coronavirus outbreak. Central banks can do something, but monetary policy is not enough.  A fiscal stimulus might mitigate the impact, but the record-level outstanding amount of public and private debt adds additional risk to the current perfect storm.  

How to Save American Middle-Sized Businesses from the Coronavirus Supply-Chain Crisis

Congress passed an $8.3 billion spending bill to address the coronavirus epidemic, but the bill will not protect small companies. Republican Senator Marco Rubio put forward...

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