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SIEPR Senior Fellow John H. Cochrane shares his thoughts on Modern monetary theory, also known as MMT.

Matt Gentzkow found that voter polarization in the United States nearly doubled over the last four decades, increasing at a much faster pace than in eight other developed nations.

SIEPR Visiting Professor Rob Fairlie determined that startups by people of color report, on average, substantially higher levels of loan denials than their white counterparts.

“The abruptness of this shock [COVID-19] is much larger than the 2008 global financial crisis,” said Ramin Toloui, an assistant Treasury secretary for international finance [...]

"Maybe a year or two from now, when firms relax and say...you can come back in two or three days a week, and spend the other couple of days at home [...]" says Nick Bloom.

"Companies developing Covid-19 treatments run the risk of acting too quickly," warns SIEPR Senior Fellow Anat Admati, professor of finance and economics at the ��ɫֱ�� GSB.

Matt Gentzkow, who is leading a group of researchers tracking partisanship in the virus response, said his team initially thought that a health crisis would minimize differences.

“We already have disparities. African Americans have the lowest business-ownership rate in the population...And so here we’re creating a situation of closures that’s hitting [...]"

SIEPR Sr Fellow Nicholas Bloom—co-author of an analysis of the pandemic’s effects on the labor market—estimates that 42% of recent layoffs will result in permanent job losses.

SIEPR Sr Fellow Nicholas Bloom, who has done extensive research on decentralized work, said he anticipates that the number of remote jobs will more than double after the pandemic.

“I hate to say it, but this is going to take longer and look grimmer than we thought,” said SIEPR Senior Fellow Nicholas Bloom, remarking on the path to economic recovery.

“The challenge is to manage [conflicts of interest involving scientific experts] appropriately [...]," says SIEPR Senior Fellow Joseph Grundfest.

“Once these things get started, it’s very hard to stop them...Once you think about it that way … we’re getting closer to something that certainly resembles universal basic income."

A recent study led by SIEPR Senior Fellow Andrew Hall found that while voting by mail “modestly increases overall average turnout rate,” it does not advantage either party.

Michael J. Boskin warned that rising national debt risks higher taxes, lower future incomes, and a reduced ability for children to climb past their parents on the economic ladder.

“Everything is a bit more fragile nowadays,” said ��ɫֱ�� finance professor Anat Admati in this Mercury News article.

"As countries around the world ponder strategies for developing a COVID-19 vaccine, it should be clear that the fastest and most effective approach is to work together." [...]

"We cannot ignore that most of the costs are being borne by our children and grandchildren, particularly the poorest among them," says SIEPR Senior Fellow Ed Lazear.

Air pollution reductions in China—associated with the economic slowdown caused by the pandemic—saved as many lives as COVID-19 has taken there, based Marshall Burke's estimates.

Taking time to talk with co-workers about things not related to work when taking calls over video or phone is "a good way to keep in touch" while working from home [...]