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Book Cover
E-book
Author Gans, Joshua, 1968- author.

Title Economics in the age of COVID-19 / by Joshua Gans
Published Cambridge, Massachusetts : MIT Press, 2020

Copies

Description 1 online resource : illustrations
Series MIT Press first reads
MIT Press first reads.
Summary The COVID-19 pandemic has unleashed a firehose of information (much of it wrong) and an avalanche of opinions (many of them ill-founded). Most of us are so distracted by the everyday awfulness that we don't see the broader issues in play. In this book, economist Joshua Gans steps back from the short-term chaos to take a clear and systematic look at how economic choices are being made in response to COVID-19. He shows that containing the virus and pausing the economy-- without letting businesses fail and people lose their jobs-- are the necessary first steps. Gans outlines the phases of the pandemic economy, from containment to reset to recovery and enhancement. Warning against thinking in terms of a "tradeoff" between public health and economic health, Gans explains that containment gives us the opportunity to develop effective testing that will make it safe for people to interact. Once the virus is contained, we will need to pivot toward innovating, and, finally, we will come together to plan how to protect ourselves from future pandemics. He looks at policy tools that might aid an economic recovery, distinguishing between economic losses during a pandemic and a recession
Analysis ECONOMICS/General
SOCIAL SCIENCES/Political Science/Public Policy & Law
ECONOMICS/Health Economics
Bibliography Includes bibliographical references
Notes Online resource; title from digital title page (viewed on July 20, 2020)
Subject COVID-19 Pandemic, 2020- -- Economic aspects
Disasters -- Economic aspects
Epidemics -- Economic aspects
Financial crises.
BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
Epidemics -- Economic aspects
Economics
Disasters -- Economic aspects
Financial crises
Form Electronic book
ISBN 9780262362801
0262362805
9780262362795
0262362791
9780262363709
0262363704