The economy is a disaster. Should we stop talking about it?

Apr 16, 2020
Nobel economist Robert Shiller discusses the power of narratives during a pandemic.
Nobel economist Robert Shiller says the idea that we're in another Great Depression can become a self-fulfilling prophecy.
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How does the Fed find an extra $2.3 trillion?

Turns out it's much more akin to printing money than it is to borrowing.
The central bank announced yesterday it's making more money available to counteract the economic effects of the pandemic.
Karen Bleier/AFP via Getty Images

Stiglitz: How the U.S. economy recovers from COVID-19 hinges on Americans' debt

Apr 2, 2020
"For those businesses that are getting so much help from the government, part of that should be used to help the debtors," said Nobel laureate Joseph Stiglitz.
"What we need right now is a stay to make sure that people can pay by postponing it until the economy is running again," economist Joseph Stiglitz says of credit card debt.
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How a debt jubilee could help the U.S. avert economic depression

Apr 2, 2020
One economist believes hope of avoiding a COVID-19 economic depression lies in full forgiveness of personal debts.
"The reason your cancel the debts is you want to preserve stability," economist Michael Hudson says.
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Is health care a "private good" or a "public good" during a pandemic?

Mar 13, 2020
Dan Mendelson, founder of healthcare advisory consultancy Avalere Health, argues that healthcare is a legitimate public good in times of pandemics.
A sign directing visitors to the fever clinic is pictured at the entrance to the Gold Coast University Hospital in Australia.
Patrick Hamilton/AFP via Getty Images
"Pirate articles," or contracts that stipulated compensation, were sort of like worker cooperatives of their time.
Bruce Miller/AFP/Getty Images

"Scarcity" and why we don't have a 15-hour workweek

Feb 27, 2020
Boston College professor Juliet Schor explains why the U.S. has never had anything close to a 15-hour workweek.
English economist John Maynard Keynes, center, thought his grandchildren would be working 15-hour workweeks.
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The arms race over consumption is what drives people in wealthy countries to work more than they really need to.
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Want to be fair? Try ignorance.

Feb 20, 2020
Ignorance can be used for fair and just decision making.
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