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    Recent Posts

    Stimulus: Between a Rock and a Hard Place

    Stimulus: Between a Rock and a Hard Place

    Social Distancing: A Game of Two Locales

    Social Distancing: A Game of Two Locales

    The Continuing Rise of China

    The Continuing Rise of China

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    Stimulus: Between a Rock and a Hard Place

    Stimulus: Between a Rock and a Hard Place

    We have on hand an economic dilemma with no clear solution on hand, but it is important we consider the possible implications of our choices
    Social Distancing: A Game of Two Locales

    Social Distancing: A Game of Two Locales

    A basic game theoretic model is developed to explain the challenge of implementing social distancing across locales.
    The Continuing Rise of China

    The Continuing Rise of China

    The coronavirus pandemic, while having taken its toll on China, also creates huge opportunities for China's continued global ascent.
    $2 Trillion in Additional Stimulus: The Good and the Bad

    $2 Trillion in Additional Stimulus: The Good and the Bad

    Unless the stimulus can ultimately get workers back to producing, its benefit on the economy will be short-lived.
    Fueling Inflation?

    Fueling Inflation?

    More and more stimulus and no production will only generate inflation and markets know this.
    The Coronavirus Externality Problem

    The Coronavirus Externality Problem

    Characterizing the coronavirus pandemic as an externality lends credibility to the actions being taken by the government to address it.
    National Emergency Declared in the US over COVID-19

    National Emergency Declared in the US over COVID-19

    A National Emergency is declared by President Trump and the markets react very positively to this. We explain the reason for this optimism.
    The Evolution of a Recession

    The Evolution of a Recession

    The coronavirus is going to cause an economic recession, but how does one typically happen and how can it be nipped in the bud? We explain
    Killing the Coronavirus Behemoth

    Killing the Coronavirus Behemoth

    How to kill a giant that defies normal macroeconomic stimulus is to address the incentives question directly - put a bounty on its cure.
    Payroll Tax Cuts?

    Payroll Tax Cuts?

    First, it was an aggressive interest rate cut, then a spending bill, now its payroll tax cuts. Will this latest move stop the bleeding?
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