Like the coronavirus, the debt problem didn't just "come out of nowhere".
Illegal immigration has not risen since the Great Recession.
Don't start a cold war with China, it's just not worth it.
"...NGDP is still 5.3 percent below its pre-crisis path even after 2022."
Keep NGDP on target, for supply side conditions to remain as stable as possible.
State bankruptcy would be complicated. But what makes it compelling?
For police, the danger imperative is paramount.
MMT is too focused on a particular causal relationship.
Dixie cups were the breakout startup of the 1918 pandemic.
"...even prior to 2008, there were important splits in the field of monetary economics."
"Simplification" for citizens, or for bureaucrats?
What can be learned from the laboratory of state experiments?
Bitcoin and ham radio "are both clunky and old-fangled" However, their decentralization is their strength.
Rich countries benefit from a "citizenship rent".
Credentialism is still a problem.
COVID-19: "I'd say at best, we're a quarter of the way through this thing. This is unsettling, which is why people are rejecting reality."
K-Briqs is one example of several recent brick innovations.
Also, a bricklaying robot in action.
Birthrates aren't likely to rise any time soon.
How is COVID-19 similar to a natural disaster, for healthcare systems?
"What will bounce back after the pandemic, and what will never be the same?"
An interesting reading list from Sarah Skwire.
"The United States has more pervasive licensing requirements than most European countries."
COVID-19: Symptom data helps estimate risk levels.
Nicholas Crafts discusses the long productivity slowdown with James Pethokoukis.
How does the Swiss political system manage to avoid political polarization? For one, "Voting necessarily means understanding that things are never clear cut."
Conservatives are not in agreement about zoning reform.
When it comes to urban design, experiences matter.
We shouldn't expect past economic momentum to carry us through the present crisis.
How would Medicare reimburse hospitals and other Part A providers if the fund runs out of money?
Timothy Taylor highlights a recent Brookings series which explains how COVID-19 could change the economy.
Also from Brookings, Bernanke and Yellen on COVID-19.
"Unschooling allows kids to follow their own interests and define their own curriculum."
"The Closing of the (Urban) Frontier"
Cancel culture is pervasive.
Experiments are important. So why do we hate them?
Assortative mating and income inequality.
Good news for plastics recycling.
The best coronavirus tests are frequent, fast and cheap.
A road map for reemployment from AEI.
Tech is becoming a regulated industry.
COVID-19 may worsen public perceptions re finance
International trade: "The high watermark really was around 2008, just before the financial crisis."
"The Henry Fords of Healthcare" Standardized procedures for better group coordination. However, this approach is not always politically viable. In this instance the process creates (mostly) middle class access.
Some of the recent fiscal stimulus will certainly help. But how much of it is properly aligned with actual need?
"Working as an ICU nurse is like flying a plane."
Claudia Sahm interviews David Beckworth: a discussion about NGDP.
Bookkeeping operations by the Fed still can not "conjure up real resources". And more needs to be done to avoid moral hazard.
Libertarianism has become dysfunctional, but liberty is as important as it ever was.
Some early data for the pandemic effect on world trade. Also, a loss comparison between the U.S., the EU and China.
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