An IPE Report According to the National Household Survey (ENAHO), household income in Peru decreased by more than 30% between 2019 and 2020. This situation had considerable effect on the saving capacity of Peruvians. While in 2019 an average family saved S/636 per month (21% of income), in 2020 this amount was reduced […]
Tag: pandemic
Getting a Grip on Eyepopping Waste in Federal Pandemic Spending
By William Yeatman, Cato Institute All told, Congress has authorized about $5.9 trillion in spending to address the social and economic fallout from the pandemic, of which $4.1 trillion has been disbursed or committed through the present, according to the Committee for a Responsible Federal Budget’s “COVID Money Tracker.” By now, more than […]
Why waiving intellectual property rights for Covid vaccines is wrong
By Philip Stevens, Geneva Network Last week the United States unexpectedly announced that it would join India, South Africa and others in supporting a proposal at the World Trade Organization to temporarily suspend intellectual property rights for Covid vaccines. In theory, this would free up other companies to make copies of proprietary vaccines […]
Past Pandemics Handled With Common Sense
By Brian Giesbrecht, Frontier Centre for Public Policy Great events in history usually have one picture that manages to capture their essence. The iconic photo of the American troops planting the flag on Iwo Jima does it for WWII and the disturbing picture of the naked little girl running for her life from […]
Between Keynes and Autonomy
By the IMCO Staff In economic jargon, fiscal and monetary policies are known as demand policies. In other words, they have the ability to alter the goods and services that are demanded in an economy, but they do not necessarily manage to alter —increase would be desirable— the productive capacity. Both affect […]
Rx Importation Poses a Threat to Consumers, Not A Solution
By Foday Turay, American Consumer Institute According to the GoodRx Research Team, 832 brand drugs have increased by an average of 4.5% since December 31, 2020. Americans pay around $1,200 for prescription drugs a year. The continuing rise of prescription drug prices has a significant impact on many Americans, especially during a global […]
Zooming to class? Experimental study provides evidence on college students’ online learning during COVID-19
By The Institute of Labor Economics During the COVID-19 pandemic, many schools and universities had to pivot to online learning. However, there is little research on the causal effects of online learning compared to in-person instruction because most colleges and school districts choose to go either all in-person or online, or a hybrid for […]
Minimum Wage in a Complex Scenario
By LyD (Libertad y Desarrollo, Chile) The Chilean labor market has been deeply impacted by the pandemic and the quarantines decreed, which has led to a combined rate of unemployment and potential workforce (SU3) of 21.3% in the quarter January-March of this year. Added to this substantial imbalance is that 26.7% of those employed are […]
Waiving TRIPS Will Not Solve Global Access to COVID-19 Vaccine
By Edward Longe, American Consumer Institute The COVID-19 pandemic has, among other things, highlighted the need for global cooperation during a public health crisis. Recognizing this need, 100 developing countries, led by South Africa and India, requested the World Trade Organization (WTO) waive provisions of the Trade-Related Aspects of Intellectual Property […]
Adapting to a Hybrid Workplace Future
Note: This article was written by Daniel Freedman, CEO of Burnalong and published in RealClearMarkets. COVID-19 made remote work the new normal, giving employees more flexibility to live and work from anywhere. But with pandemic restrictions lifting, many companies now face a challenge: how do they keep the increased productivity and other benefits of […]