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How to Insure the Survival of Post-Pandemic Economies
The new Senate-approved $2 trillion relief package has raised hopes, but a burst of money creation will not stop the COVID-19 crisis or save our economies.
Curated
Unleashing the Economic Power of Women
Governments increasingly recognize that economies can reach their full potential only with the full participation of both women and men. To help countries achieve this goal, the World Bank Group is focusing on four key areas in particular.
Why Innovative Firms Do Better for Investors
The Conference Board recently began measuring the impact of innovation. Here are some takeaways.
The Next Recession Won’t Be Like 2008
In contrast to recessions driven mainly by a demand shortfall, the challenge posed by a supply-side-driven downturn is that it can result in sharp drops in production, generalized shortages and rapidly rising prices.
How Leaders Can Contain the Economic Threat Posed by Coronavirus
In the fight against the COVID-19 pandemic, economists, economic policymakers and bodies like the G7 should humbly acknowledge that “all appropriate tools” imply, above all, those wielded by medical practitioners and epidemiologists.
China’s Economic Fight Against the Coronavirus
There is no doubt that China will win the battle against the coronavirus. In the meantime, however, policymakers must take steps to ensure that the economy functions as normally as possible—without compromising efforts to contain the outbreak—and can bounce back quickly once the crisis is over.
Limited Liability Is Causing Unlimited Harm
The original purpose of limited-liability protection was to encourage investment in—and risk-taking by—corporations, whose resulting innovations would benefit society. Yet by allowing shareholders to profit from the harms caused by corporations, limited liability has evolved into a source of systemic market failure.
With a Recession Looming, Is Now the Time for Activist Fiscal Policy?
Many leading central bankers now argue that, instead of just playing its traditional role of deciding the allocation of government spending, investment, taxes, and transfers, fiscal policy must substitute for monetary policy in economic fine-tuning and fighting recession. That would be a big mistake.
Why Is Tesla Selling Insurance and What Does It Mean for Drivers?
It seems no traditional finance company is safe from the marauding tech giants.
How CEOs, Experts and Philosophers See the World’s Biggest Risks Differently
The World Economic Forum’s annual meeting in Davos put environmental risks at the top of its agenda, while the world’s CEOs see overregulation as their biggest threat.
