The Costs Of Safely Reopening A High-End Restaurant
A restaurant case study.
Read more...Category Archives: Economic fundamentals
Italy Once Again on the Eurozone Worry List
A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.
Read more...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...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...Automation, Globalisation, and Vanishing Jobs
A new take on how automation and offshoring affect employment.
Read more...Restaurants Face Major Obstacles to Reopening
A recap of why restaurants will have a tough time regaining their footing.
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...Initial Jobless Claims Decline Further, But Continuing Claims Fail To Make Meaningful Progress
Wellie, the latest jobless claims data wan’t horrific, merely very bad
Read more...There’s a Crisis in U.S. Capitalism
U.S. economic policy now focuses on what is already the worst business cycle downturn since the 1929 crash. As data accumulate, it may well prove to be the worst in global capitalism’s entire history.
Read more...The European Union Still Hasn’t Considered an Economic Proposal That Can Save It
The European Union has not reached a “Hamiltonian moment.” Its plans are too little, too late, hamstrung by institutional barriers to economic recovery.
Read more...China’s Covid-19 Recovery Is Intensifying Class Exploitation
China’s response to the pandemic is to furth disempower its domestic and peripheral populations.
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.
Read more...Covid-19 Recessions: This Time It’s Really Different
Why Covid-19 damage will be lasting.
Read more...