As the COVID-19 pandemic swept across the U.S., the virus hit African Americans disproportionately hard. African Americans are still contracting the illness – and dying from it
As the U.S. prepares to celebrate another year of its independence, the country is paying renewed attention to the founders, and how their legacy of slavery is linked to systemic racism.
On June 19, 1865 – 155 years ago – black Americans celebrating the day of Jubilee, later known as Juneteenth, may have expected a shot at real opportunity.
The importance of remote work, also known as telecommuting, is evident during the current COVID-19 crisis.
Rural areas seemed immune as the coronavirus spread through cities earlier this year. Few rural cases were reported, and attention focused on the surge of illnesses and deaths in the big metro areas.
It’s wrong to expect a “snap-back” at shopping centres, food courts, cinemas and other places where people used to gather to spend money.
A new analysis stresses the need for caution when when reopening America’s schools.
Each government has responded differently to the coronavirus pandemic — including how data on the disease have been shared with each country’s citizens.
As we near the 100-day mark since the pandemic was declared, one area getting a significant attention is the workplace, where a window is opening for good ideas to move from the fringes to the mainstream.
Retail isn’t going back to normal, says a professor of marketing and psychological science.
In June 1348, people in England began reporting mysterious symptoms. They started off as mild and vague: headaches, aches, and nausea.
There is a school of thought among economists who aren’t worried about the so called “budget black hole”, where tough choices have been called for to reduce government spending.
Long after the COVID-19 health emergency ends, many Americans will still suffer from the long tail of the pandemic’s economic devastation.
Shuttered Canada-US Border Highlights Different Approaches To The Pandemic – And Differences Between The 2 Countries
The United States and Canada have long enjoyed a stable relationship. The countries share history, the longest nonmilitarized international border in the world, and strong economic ties.
As lockdowns ease, scientists worldwide are engaged in an unprecedented search for new therapies and a race for vaccine development.
The University of Cambridge has announced that all lectures will be offered online for the academic year beginning in October 2020.
While no country claims to be pursuing herd immunity as a strategy, some – such as Sweden – have taken a more relaxed approach to containing the coronavirus.
The 1-square-mile neighborhood mixes small, ranch-style homes with auto body shops, metal fabricators and industrial supply warehouses, and is hemmed in on its four sides by state highways and interstates.
It is well-established that recessions hit young people the hardest. We saw it in our early 1980s recession, our early 1990s recession, and in the one we are now entering.
It is common to hear people say that the epoch of enormous economic progress which characterised the last century is over.
Inflation among the 37 member states of the Organisation for Economic Co-operation and Development (OECD) fell from 2.3% in February to 1.7% in March.
The orthodox answer is that a bigger economy is always better, but this idea is increasingly strained by the knowledge that, on a finite planet, the economy can’t grow for ever.
One of the haunting images of this pandemic will be stationary cruise ships – deadly carriers of COVID-19 – at anchor in harbours and unwanted. Docked in ports and feared.
The Black Death (1347-51) devastated European society. Writing four decades after the event, the English monk and chronicler, Thomas Walsingham, remarked that “so much wretchedness followed these ills that afterwards the world could never return to its former state.”
Airlines face an unprecedented international crisis in the wake of the coronavirus pandemic.
Two key factors distinguish the economic consequences of coronavirus from those of previous crises.
To understand the spread of COVID-19, the pandemic is more usefully viewed as a series of distinct local epidemics. The way the virus has spread in different countries, and even in particular states or regions within them, has been quite varied.
Predictions about the effects of the coronavirus pandemic on the world’s economy arrive almost daily. How can we make sense of them in the midst of this economic storm?
As some 350,000 American churches and other houses of worship scramble to meet the spiritual and – increasingly – material needs of their members remotely, they are doing so on a tighter budget than usual.
Policymakers are beginning to decide how to reopen the American economy. Until now, they’ve largely prioritized human health
Adam Smith had an elegant idea when addressing the notorious difficulty that humans face in trying to be smart, efficient and moral.
Many people are talking about universal basic income (UBI) these days. Giving everyone a guaranteed income could be the solution to many economic woes.
With the coronavirus pandemic wreaking havoc on the global economy, here’s how massive corporations are shafting the rest of us in order to secure billions of dollars of taxpayer-funded bailouts.
The COVID-19 pandemic has turned our lives upside down. Amidst the upheavals, it has laid bare how little we normally pay for “women’s work”.
In these difficult times, the press and the public are piling complaints on governments and corporations over their responses to the pandemic.
As of April 21, the country had reported 268 cases of COVID-19, the disease associated with the new coronavirus, with more than 140 people making a full recovery.
As the epidemiological impacts of COVID-19 grow exponentially, so do business closures, unemployment rates, poverty, housing and food insecurities.
The jump in federal spending in response to the crisis of the coronavirus pandemic is not a new idea.
Daily updated graphs illustrating the rising COVID-19 death rates in different countries raise hopes that we can understand the impact of the virus and work out how to stop it from spreading further.
The coronavirus can infect anyone, but recent reporting has shown your socioeconomic status can play a big role, with a combination of job security, access to health care and mobility widening the gap in infection and mortality rates between rich and poor.
US President Donald Trump has announced the US is cutting its funding to the World Health Organisation (WHO) – a decision that will have major implications for the global health response to the coronavirus pandemic.
Consider these two questions: What percentage of Americans are, or have been, infected with the coronavirus?
As coronavirus spreads across the world, politicians are confusing the current economic situation with a recession.
Retailers are frequently running out of everything from flour and fresh meat to toilet paper and pharmaceuticals as supply chains hammered by the coronavirus struggle to keep up with stockpiling consumers.
Lockdown, which one-third of the world is currently experiencing, is nothing new. Lockdown is a form of quarantine, a practise used to try to stem the spread of disease for hundreds of years by controlling humans.
A series of recent protests by the workers preparing and delivering our essential foods and other goods highlights a key risk to our ability to combat the coronavirus.
The coronavirus pandemic is rocking financial markets, disrupting supply chains and sharply reducing consumer spending.
The COVID-19 pandemic has transformed how doctors provide health care. This public health crisis has shifted the paradigm on how Canadians access medical care and has ushered in the new era of telemedicine.
Every crisis shows cracks in the current system and points a glaring spotlight on the inequities that were overlooked before.
From New York to Moscow, Johannesburg to Buenos Aires, the novel coronavirus continues its global journey. On March 30, almost three months after China announced the discovery of COVID-19, the disease associated with the coronavirus, more than 780,000 people have been infected and at least 37,000 have died.
The immediate impact of the coronavirus shutdown is striking in its magnitude, its speed and its concentration on a small set of industries.
COVID-19 is both a public health crisis and an economic crisis. The measures taken to deal with the public health crisis threaten our economic well-being.
The Australian government today announced new telehealth consultations will be covered under the Medicare Benefits Schedule.
Nearly a million people in Canada have already applied for employment insurance, and analysts are predicting that coronavirus-related jobless claims in the United States could exceed three million.
The idea of giving everybody an unconditional, regular income has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors.
Toilet paper shortages, profiteering from hand sanitizer and empty shelves in grocery stores.
From Homer’s Iliad and Boccaccio’s Decameron to Stephen King’s The Stand and Ling Ma’s Severance, stories about pandemics have offered much on how human beings respond to public health crises.
One month after what is now the coronavirus pandemic was declared a “public health emergency of international concern”, it is now causing disruption all round the world on an unprecedented scale.
The COVID-19 outbreak appears headed for the U.S., and the Centers for Disease Control and Prevention are urging Americans to prepare now, such as by stocking up on food and prescription drugs.
We hear a lot right now about tensions between different generations: baby-boomers versus millennials, for example.
Panic buying knows no borders. Shoppers in Australia, Japan, Hong Kong and the United States have caught toilet paper fever on the back of the COVID-19 coronavirus.
Slow internet connections or limited access from homes in rural areas can contribute to students falling behind academically, according to a new study
Price transparency is the wrong goal for the free-market health care structure we have in the U.S. Instead, consumers need to know not so much the price, but the costs of things.
A great deal of attention is being paid to the future of work and its impact on Canadians. Often missing from the discussion is the extent to which different workers will be included or excluded from the changing labour market.
Concerns over the spread of the novel coronavirus have translated into an economic slowdown.
One reason why people find it difficult to think about climate change and the future may be their understanding of human history.
2018 marked the 100th anniversary of the great influenza pandemic of 1918. Between 50 and 100 million people are thought to have died, representing as much as 5 percent of the world’s population. Half a billion people were infected.
A potential crisis simmers in the shadows: The global dependence on China for the production of pharmaceuticals and medical equipment.
Lately, many people have asked me, as an economist, a question I haven’t heard in years: Could a virus really send the global and U.S. economies into recession – or worse? Put more pertinently, will COVID-19 trigger an economic meltdown?
As the novel coronavirus pandemic continues to unfold, travel restrictions are being imposed around the world.
Paying back student loans is not an easy thing to do. One out of every 5 borrowers with outstanding student loan debt has fallen behind their payments.
A banking desert is an area without traditional financial institutions and services. They are common in rural areas because large financial institutions are reluctant to operate in less populated areas that are less profitable.
No one should have to beg for money to get the healthcare they need in the richest country on Earth.
There’s a degree of irony in the fact that Bombshell, the movie about the fall of Fox News boss and serial sexual harasser Roger Ailes, was awarded an Oscar for make-up and hairstyling.
More than half of Australians over the age of 55 are open to downsizing, according to a new report based on a survey of 2,400 households.
If you thought workers’ hourly pay was finally rising, think again. At first glance, the latest data – which came out on Feb. 7 – look pretty good.
It’s hardly surprising that if a Democrat wins the White House, taxes on wealthy Americans and corporations will probably go up. How they’ll go up is the more interesting question.
As students start university, failure is probably the last thing they want to think about. But university failure is depressingly common.
What do we mean when we talk about “socialism”? Here are ten things about its theory, practice, and potential that you need to know.
As California contends with drought, wildfires and other impacts of climate change, a small yet passionate group of residents are attempting to lessen these effects and reduce the state’s carbon emissions.
Make no mistake, how we pay for healthcare in the US is broken for many individuals and for many communities. Like a tire with a slow leak, without immediate repair, the outlook for the largest industry in the US economy is bleak.
Trump wants to destroy Medicaid while claiming to save it. This fiendish scheme is an Orwellian fable conjured up by the most shameless pack of liars to ever occupy our government.
While companies might reap significant gains in productivity from automating certain jobs, this won’t necessarily lead to pay rises for everyone.
It’s no secret that the biggest gains in the growing global economy are reaped by the extremely wealthy.
The high price of insulin, which has reached as much as US$450 per month, has raised outrage across the country. Sen. Bernie Sanders (I-Vt.) has called it a national embarrassment, wondering why U.S. residents should have to drive to Canada to buy cheaper insulin.
The US president “had no plan, no scheme, no constructive ideas whatever”, according to one of the world’s most influential economists.
According to Atheendar Venkataramani, the study’s lead author and a professor in the university’s Perelman School of Medicine, economic instability can affect people’s mental well-being and drive up the risk of substance abuse.
Policymakers and presidential hopefuls are having a spirited debate over whether the U.S. should offer free community college, free public college in general or additional college subsidies directed at low-income students.
In such a world, a full-time minimum wage worker would be earning $48,000 a year in the United States.
Fifty years ago, Martin Luther King Jr. wrote “Why We Can’t Wait” to dispel the notion that African Americans should be content to proceed on an incremental course toward full equality under the law and in the wider society. King observed,
Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades.
Across the political spectrum, there is near consensus among these economists that a single-payer system would save money.
The same forces that are driving massive inequality between the top 1 percent and the rest of us are creating a vast generational wealth gap between baby boomers — my generation — and millennials.Millennials aren’t teenagers anymore.
An adolescent’s sense of their own family’s social and economic status is closely linked to that teen’s physical and cognitive health, according to a study of British twins.
People today are espousing some very strange beliefs about the state of our modern economy. We frequently hear things like: We can no longer afford to educate our children, provide universal health care, clean up our polluted environment, innovate around renewable energy resources, provide food, water and basic shelter for all, share...
Rural school closures are causing as much, if not more, upheaval as what’s going on when public schools in Chicago and other cities close.
Partisan wrangling over health reform has perhaps been the most acrimonious issue in Americans politics, exemplified by the failed Clinton health reform efforts in the 1990s and the passage of the Affordable Care Act in 2010.
Hermit crabs can teach us about wealth inequality, according to a new study.
The idea of reducing the working week from an average of five days to four is gaining traction around the world.
Recently Ontario released its Digital First for Health strategy — aiming to further digitize health care and end the problem of overcrowded hospitals and “hallway medicine.”