Tag Archives: Economics

Covid-19: How To Spark Economic Recovery

Governments will have to deal with the economic fallout from the pandemic for decades to come. If they get their response wrong, countries risk economic stagnation and political division.

Read more here: https://econ.st/3ojORKY

Top Interviews: Paul R. Milgrom & Robert B. Wilson, Nobel Prize In Economics For 2020

“He was the advisor everybody recommended you should have,” says Paul Milgrom of Robert Wilson, his PhD supervisor and now near neighbour in Palo Alto and co-Laureate in Economic Sciences. In this conversation with Adam Smith, recorded 20 minutes after Milgrom had learned of his prize, he describes how it was Wilson who actually delivered the news, in person: “He and his wife just walked over and rang the doorbell.”

Not only are the 2020 Economics Science Laureates long-time collaborators, they are also neighbours in Palo Alto, and so when Robert Wilson heard the news of his prize from Stockholm, he simply crossed the street and knocked on Paul Milgrom’s door to wake him! “It sounds like something from the nineteenth century,” says Wilson in this conversation with Adam Smith, recorded shortly after the news became public. He describes his pride at the fact that Milgrom is the third of his students, after Alvin Roth and Bengt Holmström, to be awarded the prize, a perfect combination of events that he calls his “trifecta”.

Economics: ‘Universal Basic Income Experiment In South Korea’ (WSJ Video)

To stimulate its pandemic-hit economy, a province in South Korea has been experimenting with universal basic income programs by regularly giving out cash, no questions asked. Now, some politicians want to go national with the concept.

Illustration: Crystal Tai/WSJ

Election 2020: ‘How Trump And Biden Compare on The Economy’ (WSJ Video)

Voters will have a chance to help shape the American economy when they go to the polls in November. WSJ’s Jon Hilsenrath breaks down where President Donald Trump and Democratic presidential nominee Joe Biden stand on key economic issues.

Photo Illustration: Carlos Waters/WSJ

Economy: “Durable Goods Explained” (WSJ Videos)

The survey of new orders for long-lasting goods contains one of the most closely watched U.S. economic indicators. WSJ explains durable goods, and why investors look beyond the headline number for a better read on business activity.

Photo: Josie Norris/The San Antonio Express-News

Travel Economics: “How Airlines Can Survive The Pandemic” (WSJ Video)

After an unprecedented drop in air travel due to the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash flow. So how are they planning to survive? WSJ finds out.

Composite: George Downs/The Wall Street Journal

World News Podcast: Hong Kong Elections, European Economies

The Economist LogoThe Economist discusses latest news on Hong Kong postponing elections, the potential sale of popular video app Tik Tok to Microsoft, and other world news.

World News Podcasts: Covid-19 Cases Spike, McDonald’s Profits Fall

The Economist LogoThe Economist updates Covid-19 rates spiking around the world, McDonald’s fast food profits plunge and other top international business and economic news.

Global News: The New Macroeconomic Era, EU’s Big Deal & Mexico’s Youth

A selection of three essential articles read aloud from the latest issue of The Economist. This week, the new era of macroeconomics; (9:25) the EU after striking a huge deal; (17:00) and the challenges for Mexico as its youth departs.