Tag Archives: COVID-19

By James Kwak Today, the Washington Post’s Outlook section published my article on the future of the American economy in the wake of the pandemic. They invited me to write it because of my earlier blog post on “Winners and Losers.” (Hey, despite all appearances, maybe blogs are still worth writing.) Photo by skeezeThe article is pretty gloomy. The short summary is that the COVID-19 pandemic will accelerate and reinforce the two primary economic trends of our time: consolidation and...

By James Kwak Today, the Washington Post’s Outlook section published my article on the future of the American economy in the wake of the pandemic. They invited me to write it because of my earlier blog post on “Winners and Losers.” (Hey, despite all appearances, maybe blogs are still worth writing.) Photo by skeezeThe article is pretty gloomy. The short summary is that the COVID-19 pandemic will accelerate and reinforce the two primary economic trends of our time: consolidation and...

Today I offered my opinion on the state of the Greek economy in a comment for the News programme of PRESS TV (5-7-2020). The video of the interview follows together with its transcript. Η ελληνική μετάφραση του κειμένου ακολουθεί. [embedded content] https://urmedium.com/c/presstv/24265 The Greek economy is a failed economy.Since its accession to the EU it has been de-industrialised and became a service economy, heavily dependent upon tourism. The 2008 global crisis and the subsequent...

by Lekha Chakraborty and Harikrishnan S As the Reserve Bank of India Governor Shri Shaktikanta Das puts it upfront, these are extraordinary times, and we need to respond with “whatever it takes” to deal with the pandemic. Over the past few days, our hope for systematically “flattening the curve” by containing the COVID-19 pandemic and moving to a quick V-shaped or U-shaped recovery is waning[i]. Evidence is increasingly pointing towards the situation worsening to a dual crisis — a...

by Lekha Chakraborty and Harikrishnan S As the Reserve Bank of India Governor Shri Shaktikanta Das puts it upfront, these are extraordinary times, and we need to respond with “whatever it takes” to deal with the pandemic. Over the past few days, our hope for systematically “flattening the curve” by containing the COVID-19 pandemic and moving to a quick V-shaped or U-shaped recovery is waning[i]. Evidence is increasingly pointing towards the situation worsening to a dual crisis — a...

Michael Roberts has been publishing a series of very interesting videos in his YouTube channel. I participated in one of them and gave a talk on ‘The Political Economy of COVID-19″. Below are (a) the links for the video of the talk and (b) the powerpoint of my talk [embedded content] https://www.scribd.com/document/466531494/The-Political-Economy-of-the-Covid-19-Pandemic-Roberts-Video...

I recently participated in a panel discussion in David Hulchanski’s graduate-level social housing and homelessness course at the University of Toronto. Points raised in the blog post include the fact that all English-speaking countries of the OECD have relatively low levels of public social spending, relatively low levels of taxation, and serious affordable housing challenges. The link to the full blog post is here. Nick Falvo is a Calgary-based research...

I recently participated in a panel discussion in David Hulchanski’s graduate-level social housing and homelessness course at the University of Toronto. Points raised in the blog post include the fact that all English-speaking countries of the OECD have relatively low levels of public social spending, relatively low levels of taxation, and serious affordable housing challenges. The link to the full blog post is here. Nick Falvo is a Calgary-based research...

Following is an interview for a course conducted by the Chinese Academy of Social Sciences (CASS). It will appear in a chinese publication. The impact of Covid-19 Prof. Yu Haiqing, CASS Interview with Stavros Mavroudeas (Professor of Political Economy, Panteion University, Athens, Greece) It is said that the COVID-19 epidemic is the most prominent systemic risk test in the field of public health that the world has faced since the Second World War, highlighting the contrast between...

In comments to NDD’s post, Terry says: Wisconsin—except for Milwaukee and Madison —basically opened up with no restrictions as a result of the Wisconsin Supreme Court ruling 4 weeks ago and much to the delight of the late night comics people flocked to taverns without regard of masks or social distancing. I certainly expected to see numbers bump up by now but in fact they have fallen steadily Cool if true, but, as Warner Wolf said, let’s go to the video...