#Recessions

Andrew Lilley

andrewlilley_au

It is now becoming clearer that shutdowns do indeed delay the economic recovery, and we should be updating our beliefs about this as new data come in. See this short

Cory Doctorow

doctorow

The area below NYC's Union Square was once called "Book Row" - a six-block stretch boasting nearly 40 bookstores, many of them used and rare bookdealers. Today, the sole survivor

Jack Worth

worth_jack

What effect has the lockdown had on recruitment to teacher training?Last month I blogged about the increase in applications to initial teacher training in the first month of lockdown. Today

Leonardo Flores

leo_elo_ole

A note to academic colleagues everywhere. Here’s a little thread of things it’s past time we let go of, for our own health and well-being, and that of our students.

Luca Fornaro

LucaFornaro3

Hysteresis strikes back! The view that deep recessions may damage future productive capacity, e.g. by leading firms to reduce investment in innovation, is gaining more and more traction in the

Rakhi Pancholi, MLA

pancholi_rakhi

I almost ignored this tweet entirely because it’s just so weak & devoid of fact. But who am I to pass on an opportunity to enlighten a Minister with evidence?

Brian Riedl 🧀

Brian_Riedl

MEGA-THREAD: @mattyglesias competently summarizes the "Debt no longer matters, so relax & add more" case. But these arguments - common on econ Twitter - dismiss two key realities:1) Baseline debt

Heidi Shierholz

hshierholz

Last week, 3.1 million workers applied for unemployment benefits. This is the tenth week in a row that unemployment claims are more than 3 times the *worst* week of the

poop

goMSUbuttboy69

Hello. I made a thread. MSU has a more recent power conference title than Michigan PSU has a more recent power conference title than Michigan OSU has a more recent

Torsten Bell

TorstenBell

We've got a problem. Having been through a huge crisis where the welfare state was centre stage, our debates on where next for social security are stuck. An immediate policy

CouchCrusader 🌹

CouchCrusader_

So I have some thoughts. If you want the nutshell version: YOU CAN STILL VOTE FOR BERNIE IN THE PRIMARIES. The rest is musing on how we got here, the

Heidi Shierholz

hshierholz

August was the 6th month of the COVID crisis in the U.S. labor market, and the situation is dire. We added 1.4 million jobs in Aug, but the labor market

Travis Kimmel

coloradotravis

Velocity of Money and the M2: why these are misleading ways to think about money, and what sorts of things we should use instead.A thread (now with poorly drawn graphics!).

Andrew Noymer

AndrewNoymer

At the population level, there will be FOUR TYPES of #COVID19 #mortality:1) Direct-direct2) Direct-indirect3) Indirect4) Competing risksIn this short thread, I will discuss the four. 1) Direct-directBasically, these are the

Armine Yalnizyan

ArmineYalnizyan

More than a quarter (27%) of 3,389 small firms with employees that responded, from a CFIB membership of 110,000 small firms (including the self-employed with no employees), from a business

Tim Bartik

TimBartik

Very good @nytopinion by @MattAFiedler on need for state aid:https://www.nytimes.com/2020/04/22/opinion/coronavirus-states-budgets.html?action=click&module=Opinion&pgtype=Homepage As he outlines, state budgets will be under pressure from this