"Useful writing makes claims that are as strong as they can be made without becoming false."
There are similarities between bank runs and public contagions.
"The challenge of re-establishing public confidence that it is safe to venture out bears striking similarity to the one that authorities face in stemming a bank run. Our ability to identify and quarantine people infected with COVID-19 is analogous to our ability to recognize and isolate a bank bordering on insolvency."
NGDP fluctuations are sometimes logical in relatively uncommon supply side recessions.
Mark Koyama reviews Escape From Rome.
$175 billion in improper payments.
James Pethokoukis and Branko Milanovic discuss what future capitalism might look like.
The speed at which ideas are adopted, depend in part on how quickly their effects can be ascertained.
Perhaps the momentum to put an end to single house zoning is starting to build.
Hal Varian considers the future of technology, with James Pethokoukis.
It would not be a good idea to give rights of ownership to artificial intelligence.
"Can physician assistants help solve America's rural health care problem?"
Technology is not just an exogenous force that exists outside of ourselves. It could also be utilized to improve the skill sets we already have. "A fundamental reason why society under-invests in innovations that benefit ordinary people has to do with the distribution of power."
Arnold Kling reviews 10% Less Democracy by Garrett Jones.
"the COVID-19 crisis is hitting the world economy when growth is already soft and countries are wildly overleveraged."
More than ever, the Fed needs to "stabilize the growth of nominal gross domestic product."
Some basic economics for U.S. healthcare.
How do markups affect knowledge diffusion?
For all the value GDP holds as a measure, it is still incomplete for what nations would like to express.
Arnold Kling details costs of production for Econlib.
Given all the depressing news re COVID-19 of late, this 3D printed neighbourhood was one of the recent bright spots.
James Capretta looks at policies which affect the number of physicians in the U.S.
Greg Mankiw offers his thoughts re the pandemic.
Even though monetary policy can't solve the coronavirus crisis, it can prevent secondary effects.
Kevin Bryan explains the economics of social distancing.
Tim Harford reviews Uncharted by Margaret Heffernan.
"The 1920s were the decade of leisure because people could afford to relax. The 1930s were the era of frantic problem solving because people had no other choice."
Healthcare systems now need to surf the curve.
Timothy Taylor highlights a working paper, re potential lessons from the "Spanish Flu" a century earlier.
Bryan Caplan shares methods by which he gradually learned to reduce more than twenty years of chronic pain.
"This pandemic could stall or reverse American urbanization." Joel Kotkin also notes how pandemics function as a deterrent to urban life.
The challenge of a supply shock, is ensuring that follow on reductions in demand don't lead to additional cycles of contractionary shocks.
3D printers are finding ways to help healthcare workers.
Coronavirus will also disrupt intermediate goods and services production. And, how do shocks in some industries affect other industries?
Carmen Reinhart believes we lack historical comparisons for how the pandemic could ultimately unfold.
A useful guide for emergency homeschooling.
State and local governments are not a part of the new big lending programs.
Centralized healthcare systems are ill suited for pandemics. Many patients could be treated at home, a process which would also reduce the spread.
A list of policy proposals to mitigate virus impact, from Tyler Cowen.
"The real pandemic danger is social collapse." Also, labour demand is undergoing a dramatic shift.
Joshua Gans explains production possibilities in a time of pandemic.
Rural areas which are popular for tourists are vulnerable now, other rural areas are likely to be more vulnerable later on.
"Longer-run economic consequences of pandemics"
"the lower the amount of medical infrastructure, the longer it takes to build immunity."
The Mercatus Center suggests a way forward.
Explaining the rationale for social insurance payments.
Many of us will be reexamining our present and near future projects in the months ahead.
"in lower-income countries the notion of employment through firms cannot be taken for granted"
Emergency reforms have provided a little additional supply side capacity.
Addressing the pandemic in four phases.
The recent shock goes beyond what stress tests are normally expected to gauge.
"How many jobs can be done at home?"
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