By Oliver McPherson-Smith and Steve Pociask, American Consumer Institute As the Beltway grapples with reviving the American economy amidst Coronavirus, the U.S. Postal Service (USPS) is asking for $85 billion in government bailout money to weather this crisis. But the costs inflicted by the virus are just a drop in the bucket when […]
Author: Erik Sass
Beware the COVID-19 Corporate Zombies!
“The Rise of Zombies in the Wake of COVID-19″ Gerard Lucyshyn, courtesy of the Frontier Centre for Public Policy We are spending double the amount of time on our streaming platforms compared to last year, close to 45.4 billion minutes spent on Netflix alone in the first few weeks of March 2020. Movie titles such as: 28 Weeks Later (2007), Quarantine (2008), Carriers (2009), […]
Government’s plan for reopening Mexico is insufficient
“COVID-19: Economic Reactivation In Latin America” Courtesy of IMCO On April 5, the Mexican government presented an economic revival plan in the face of the challenges posed by the COVID-19 pandemic. This plan is insufficient to protect families’ incomes, jobs and regain economic dynamism. In contrast, other Latin American countries have announced ambitious economic rescue plans that provide […]
Certified COVID immunity is an economic resource
“Certified corona immunity as a resource” Courtesy of IREF In a new IREF Working Paper, David Stadelmann (Bayreuth University and IREF) and his co-authors discuss how the corona epidemic can be made less burdensome. They focus on the role of those who are immune after recovering from the illness and do not pose any health risks to […]
Does the UK need a “Department for Coronavirus”?
Do we need a ‘Department for Coronavirus’? By Jill Rutter, courtesy of UKIACE We had a Department for Exiting the EU when Brexit was the all-consuming task of the UK government under Theresa May. That department has now been replaced by a team in No.10 running the negotiations in Task Force Europe, and by […]
A Call for Reason: TES UK Correspondent Calum Nicholson on pandemic ethics
The Economic Standard’s UK correspondent, Calum Nicholson, recently published an insightful commentary, “Of course, we should do everything to stop Coronavirus. But maybe…”, questioning the received wisdom on pandemic response and calling for a public discussion of the tradeoffs involved in this kind of pandemic response, now and in future emergencies. With some […]
Modernize Our Aerospace Industry to Accelerate the COVID-19 Economic Recovery
By Dave Ruppel, Director, Colorado Air and Space Port As the United States – and indeed the world – begin to emerge from the COVID-19 crisis we will begin traveling and engaging in interstate commerce once again. Air travel and the traffic control systems that underpin it, are key parts of these activities […]
Buyer Beware: The Web Is Awash with Fake Chloroquine Products
By Roger Bate, American Enterprise Institute Chloroquine products are in high demand since President Trump touted them as possible treatment for the coronavirus in March. Original research done by the Safe Medicines Coalition, of which I’m a member, shows that fake versions of these products have reached the US market via rogue web […]
IMF should double funds to $2T, offer debt moratorium for COVID-19 crisis response
“COVID19: Increase in IMF resources and debt moratorium urgently needed” By Cristoph Trebesch and Rolf J. Langhammer, courtesy of IfW Kiel Never in its 75-year history has the IMF been more important for global financial and economic stability than now in the corona pandemic. Already 90 countries have applied for credit assistance in […]
Low-income earners suffer most from the COVID-19 crisis in advanced economies
“Low-income earners suffer most from the COVID-19 crisis. Having the option to work from home is largely a matter of education” Courtesy of IZA Home office at full pay is not an option for all employees hit by the coronavirus crisis. To analyze changes in work arrangements during the pandemic, a team […]