Apr 30, 20205 minHow bad is a -4.8% GDP growth rate?The US Bureau of Commerce released its GDP figures yesterday. The economy contracted by 4.8% seasonally adjusted, annualized rate. This...
Apr 24, 20207 minDemocracy and data following Covid-19The quick spread of Covid-19 and subsequent confinement regulations have meant that economic activity has shifted at historically quick...
Apr 3, 20206 minTwo scenarios for the post-coronavirus economyMy last post was a bit long and technical, so I will condense the information by describing two scenarios which I believe to be the...
Apr 1, 202012 minHow exactly could a recession unfold?Moving forward—propagation mechanisms: I recently posted on the current economic impact of the coronavirus, arguing that it was still too...