A group of economists estimated the value of digital services like Facebook to illustrate a new way to think about the GDP.
When we use three buckets, the complexities of the Federal Reserve's pandemic monetary policy can be simple to understand.
Looking at a crude oil matchmaker, production, and consumption, we can simply explain the below zero April oil price plunge.
Although pandemic lockdowns have reduced electricity demand, still, like the "big flush" after the Super Bowl, they need to retain peak capacity.
Economists can explain and improve our inadequate disaster preparation for predictable wildfires, diseases, hurricanes, and earthquakes.
As a pandemic, COVID-19 could have an impact that is more similar to a macroeconomic disaster than typical normal recessions.
In addition to the short term suffering and disruption, world pandemics since the 14th century have had a multi-decade economic impact.
When we describe the duration and the ups and downs of recent recessions, sometimes a letter from the alphabet comes in handy.
Coronavirus can create an economic indicator that tells us whether manufacturing activity has increased or decreased in China.












