Thread by @CafeEconomics, A thread on my Covid opeds over the past few weeks.1. What [...]

A thread on my Covid opeds over the past few weeks.
1. What Richard Feynman can tell us about the fragility of global supply chains. https://www.livemint.com/opinion/columns/covid-19-o-rings-and-the-worry-over-supply-chain-disruptions-11582649878797.html

India must brace for the impact of a viral outbreak that has disrupted chains of supply in which every link matters

2. Why India should think of setting up a national risk office to assess its ability to deal with large exogenous shocks such as a pandemic. https://www.livemint.com/opinion/columns/it-may-be-time-for-the-country-to-set-up-a-national-risk-office-11583251653830.html

Every country faces myriad risks, and as the Covid-19 outbreak has shown, no single official would be able to assess these

3. The economic impact of the pandemic. https://www.livemint.com/opinion/columns/the-coronavirus-battle-and-its-ripple-effects-on-the-economy-11584456695744.html

Direct handouts and fiscal rather than monetary action could help tide over the current shock and its potential after waves

4. A framework for a Rs 3 trillion income support programme for the poor (with my colleagues @PrakharMisra and @SharmadhaS) https://www.livemint.com/opinion/columns/an-income-support-plan-for-the-poor-to-tide-over-testing-times-11585069580543.html

India should spend ₹3 trillion on emergency financial support for 300 million workers in the country’s informal sector

5. We could take a leaf out of a 1940 booklet by Keynes in our effort to tackle some of the challenges posed by the pandemic https://www.livemint.com/opinion/columns/the-sudden-return-of-quantity-planning-in-the-wake-of-covid-19-11585681291232.html

We could take a leaf out of a booklet by Keynes in our effort to tackle some of the challenges posed by the covid-19 pandemic

6. How old-style input-output models can help the government think through its strategy to gradually restart the economy. https://www.livemint.com/opinion/columns/a-production-model-that-could-guide-an-economic-resumption-11586276999597.html

All sectors should be opened in an appropriate proportion to each other so that none is deprived of inputs to resume output

7. The RBI will need to support part of the inevitable fiscal expansion to backstop the economy -- and have an exit strategy as well. How should it monetise the government deficit? https://www.livemint.com/opinion/columns/the-helping-hand-rbi-can-lend-to-tide-over-exceptional-times-11586883536893.html

The central bank should monetize the government’s deficit but it must have an exit plan too

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