Looking at the economic impact of past costly disasters can help us develop policies that target where and how Covid-19 will affect us.
When we use the alphabet to describe an economy recovery from the coronavirus, rather than an "L" or a "V," some economists now suggest a "K."
About much more than just a burger, the Big Mac Index can help us compare purchasing power and the GDP in different countries.
A Consumer Price Index (CPI) that went up by just .6 percent during the past year hides a much larger increase in some grocery prices.
Because a Covid-19 basket of goods and services has a different inflation rate from the CPI basket, the cost of living might not be what we think it is.
While the headlines tell us the monthly unemployment rate, we can look at other numbers in the report to get the whole story.
Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.
Looking at the first shopping mall and its evolution, we can see how its original concept will now be turned upside down.
When we look at where consumer spending has declined and where we expect to spend in the future, we can ask where recovery spending will come from.
A group of economists estimated the value of digital services like Facebook to illustrate a new way to think about the GDP.
As a pandemic, COVID-19 could have an impact that is more similar to a macroeconomic disaster than typical normal recessions.










