recession

Bethany McLean’s Weekend Reading List: Inequality, Remote Learning and the First Female Recession

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. There are a few things that I've thought...

After the Lockdown: Italian Consumers Are Cautious About Returning to Normal

The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to return to...

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...

This Is Not the Time to Be Cautious. We Need to Contain the Economic Contagion of the Coronavirus

The real danger is that the virus mutates and infects our economic system, even as we manage to root it out of our bodies....

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...

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.  

Paul Krugman on the Economic Impact of Coronavirus: "We Are Very Vulnerable, This Could Be Pretty Bad"

A sneak video preview of next week's episode of Capitalisn't, the podcast hosted by Luigi Zingales and Kate Waldock, in which Nobel Prize-winning economist...

Paul Krugman on the Economic Impact of Coronavirus: “We Are Very Vulnerable, This Could Be Pretty Bad”

A sneak video preview of next week's episode of Capitalisn't, the podcast hosted by Luigi Zingales and Kate Waldock, in which Nobel Prize-winning economist...

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