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The Uncertain Economy

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These are highly uncertain times. In a matter of weeks, the longest economic expansion in U.S. history has become the sharpest recession on record with the first true pandemic recession. Mass death, record declines in GDP, and job losses are foregrounded again... More »

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Record Unemployment is a Policy Choice

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Europe and the United States are pursuing vastly different strategies in response to the economic crisis caused by Covid-19. Structural differences between the US and EU member states’ welfare systems have informed the divergence in government intervention. Th... More »

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Minimum Wage in a Pandemic, in 4 Graphs

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As the economy free falls into a sharp recession [1], many low-income workers have been deemed “essential” during the pandemic [2], which effectively obligates work—notably without any additional federally mandated hazard pay [3]. This basic contrast, along wi... More »