Pandemic
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Should Policy Makers Push for Supply Chain Resilience?
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Your Christmas gifts this year may be stuck somewhere on the ocean. The latest NBER research gives some tips for policymakers to prevent this kind of supply chain disruption from happening again. Over the past two years, you may have had a hard time finding daily necessities in a supermarket,…
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The Racial Wealth Gap and Recovering from Income Shocks
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The racial wealth gap in the United States is a legacy of nefarious actions and policies such as slavery, Jim Crow laws, and redlining. Based on data from the Survey of Consumer Finances in 2016, the median white family had a net worth of $188,200, nearly eight times that of…
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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. Throughout most of Europe, central governments are propping up companies by covering their…

