Tag Archives: Denmark

As the coronavirus pandemic rages on, the US Congress appropriated a whopping $2 trillion budget to tackle it (about 10% of GDP). The focus was on expanded unemployment benefits and cash assistance to families, as well as grants and loans to small firms and large corporations in hopes that they will halt the torrent of layoffs. Across the ocean, Denmark took a different approach. The Danish government announced that it would cover 75–90% of certain worker salaries for the next 3 months....

Guest post by Jeff Mosenkis of Innovations for Poverty Action. GiveWell’s latest charity recommendations add a new one, “No Lean Season,” which helps hungry rural farmers (so far in Bangladesh) get to cities to find their own employment while they wait for their crops to come in. You can hear the audio of Yale’s Mushfiq Mobarak describing how it went from an idea to one of the most cost-effective charities here. It’s “best of” time of the year: Jobs!: IPA, J-PAL and a bunch of affiliated...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. GiveWell’s latest charity recommendations add a new one, “No Lean Season,” which helps hungry rural farmers (so far in Bangladesh) get to cities to find their own employment while they wait for their crops to come in. You can hear the audio of Yale’s Mushfiq Mobarak describing how it went from an idea to one of the most cost-effective charities here. It’s “best of” time of the year: Jobs!: IPA, J-PAL and a bunch of...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. GiveWell’s latest charity recommendations add a new one, “No Lean Season,” which helps hungry rural farmers (so far in Bangladesh) get to cities to find their own employment while they wait for their crops to come in. You can hear the audio of Yale’s Mushfiq Mobarak describing how it went from an idea to one of the most cost-effective charities here. It’s “best of” time of the year: Jobs!: IPA, J-PAL and a bunch of affiliated...

From @MineforNothing on Twitter comes this chart: Now, we know Finland is in a bit of a mess. A series of nasty supply-side shocks has devastated the economy. When Nokia collapsed in the wake of the 2007-8 financial crisis, ripping a huge hole in the country's GDP, the government responded with substantial fiscal support. This wrecked its formerly virtuous fiscal position: it switched from a 6% budget surplus to a 4% deficit in one year, and although its deficit has improved slightly since,...