Category: Economics

  • Matthew’s health care tidbits: Is Covid over for the health care system?

    Each week I’ve been adding a brief tidbits section to the THCB Reader, our weekly newsletter that summarizes the best of THCB that week (Sign up here!). Then I had the brainwave to add them to the blog. They’re short and usually not too sweet! –Matthew Holt I am beginning to wonder, is COVID over? […]

  • The WTO faces a make or break week over vaccines | Larry Elliott

    A ruling on whether or not to waive patent rules will this week show if the trade body is for the world or the west A crisis at the World Trade Organization has been brewing for years and it now looks like coming to a head. There are many potential flash points as trade ministers […]

  • The Omicron variant reveals the true global danger of ‘vaccine apartheid’

    Sharing vaccines with poorer countries is the right thing and the self-interested thing to do. The west needs to stop being so short-sighted Mandatory face masks are back in England. The fear factor has returned. After months of assuming the Covid-19 pandemic was all but over, the UK government has imposed new restrictions in an […]

  • Not Your Father’s Job Market

    By KIM BELLARD If you, like me, continue to think that TikTok is mostly about dumb stunts (case in point: vandalizing school property in the devious licks challenge; case in point: risking lives and limbs in the milk crate challenge), or, more charitably, as an unexpected platform for social activism (case in point: spamming the […]

  • Western countries must share Covid vaccines – if only for the sake of their GDP

    Optimistic forecasts about ‘bouncing back’ will only come true if new variants do not close borders and devastate trade again Coronavirus – latest updates See all our coronavirus coverage The world economy is on course to bounce back from the pandemic with a momentum that will carry through to next year and beyond. This prediction, […]

  • Secular Stagnation – An Economic Argument for Universal Health Care Now

    By MIKE MAGEE John Maynard Keynes, the famous British economist, was born and raised in Cambridge, England, and taught at King’s College.  He died in 1946. He is widely recognized today as the father of Keynesian economics that promoted a predominantly private sector driven, market economy, with an activist government sector hanging in the wings […]

  • Labour says UK must ‘get off the fence’ over global Covid vaccine access

    Shadow trade secretary backs US call for patent waiver as party proposes plan to increase production in poorer countries Coronavirus – latest updates See all our coronavirus coverage The Labour party is urging Boris Johnson to lead a drive by rich countries to boost global Covid-19 vaccine production and is warning the threat from new […]

  • Sunak’s stamp duty holiday extension has merely inflamed the housing market

    Throwing money at an already heated market looks nonsensical and could lose the Treasury £2bn Surprise, surprise. Presented, or so they thought, with an end-March deadline to save a few thousand pounds on stamp duty, buyers rushed to complete their house purchases. Mortgage lending in the month reached a new record. It requires no imagination […]

  • The Covid crisis: some people think it’s all over … it isn’t

    A new reality check is coming unless the west replicates its ‘whatever-it-takes approach’ to help poorer countries cope Denial. Panic. False dawn. Relief mingled with a decent dollop of euphoria. Britain’s response to Covid-19 has moved through distinct phases, and there are at least two more to come. Despite the success of the vaccine programme, […]

  • Deal or no deal: how life will look for key industries after Brexit

    Companies are praying a trade agreement can be struck, but must prepare for talks to fail. Which will be most affected? The scene is set for a showdown, and the future of the UK economy is at stake. Will Britain secure a free trade deal with the EU? Or will the prime minister choose to […]

  • What makes a great economist?

    From John Maynard Keynes’ Essays in Biography: The study of economics does not seem to require any specialized gifts of an unusually high order. Is it not, intellectually regarded, a very easy subject compared with the higher branches of philosophy and pure science? Yet good, or even competent, economists are the rarest of birds. An […]

  • Trump has no problem letting billionaires profit off the pandemic | Robert Reich

    The president thinks that as long as they buoy the stock market, they’re helping the US economy – and that’s pure rubbish Since the start of the pandemic, American billionaires have been cleaning up. As more than 50 million Americans filed for unemployment insurance, billionaires became $637bn richer. Facebook’s Mark Zuckerberg’s wealth has ballooned 59%. […]

  • Redefining Values in American Health Care

    By RICHARD HOEN, MD Experts claim we could have been better prepared when the COVID-19 pandemic struck in early 2020. With an annual budget of $400-700 million, the Strategic National Stockpile (SNS) is designed to respond to chemical, biological, and other disasters. Its $8 billion inventory included 13,000 ventilators and a limited supply of personal […]