The rush to declare the ‘death of cities’ in the wake of COVID-19 was almost certainly premature, given that rural areas are now struggling to contain the virus to nearly the same extent as urban areas did in the spring. … Read the rest
By: Matthew Downhour
Analogies are simple and sometimes helpful ways to understand policy and economics but can obscure as much as they reveal. Both on the left and right, it is popular to think of the economy (or more broadly, … Read the rest
It is always a fraught exercise to try to anticipate the overall impact of an event before that event has even concluded, and so it is with COVID 19. However, this has not stopped plenty of people from trying. A … Read the rest
The global extent of the COVID-19 pandemic has led to much hand-wringing about the future of globalization. Disputes over trade in critical goods have led to predictions of a future autarky. In response to a dispute over face masks, … Read the rest
The COVID-19 pandemic and the containment measures taken to control it likely will be together the seminal economic events of a generation, surpassing the financial crisis of 2008 and rivaling stagflation in importance. Indeed, unlike 2008 and like stagflation, this … Read the rest
