A Journal of Independent Research, Analysis, Opinion and Insight
10 09 20 WOWS FULL ISSUE An Alternative Way To View Or Print The Entire Current Issue As A Single Document 10/09/20 Attention Paid-Up Subscribers: To read or print the entire current issue as a single document, use the "easyprint" feature in the "Nav bar" to the right to open it, or any of WOWS' individual features, as an Adobe PDF file, and then print it. Alternatively, you can click "more" at the bottom of this paragraph and then click the red Adobe icon that appears. Your second click will download the full issue .pdf file of WOWS' latest issue to your computer, a process that -- depending on the file size and your connection speed -- might take more than the blink of an eye. Then, depending on preferences you've set on your device, it will either open automatically or show up in your downloads folder, waiting to be opened. [More]
In a week that started with news of a Covid-denying President’s infection with the virus and only turned more bonkers from there, I wanted to speak with no one more than my old friend, Philippa Dunne.
She is, to be sure, one-half of the duo (with Doug Henwood) that has not only kept the flame of what started as The Liscio Report burning bright in the many years since John’s untimely death, but expanded it, as TLRanalytics, the independent go-to source of high resolution economic research, continued publishing the renamed TLR on the Economy, and launched their TLRwire, service for instant insight on breaking economic data. Philippa has done so, moreover, without skipping a beat in her alternative careers as a freelance professional musician and ceaseless campaigner for sensible environmental and conservation practices, on the board of non-profit Hudsonia Institute.
But truth be told, I wanted most to speak with Philippa because she’s unfailingly a voice of piercing intelligence, calm and reason, even as she synthesizes the most discordant of economic and social counterpoints into insight and perspective on everything from markets to climate change to the cultural crisis du jour.
By Albert M Wojnilower It is likely — though not certain — that there will be a US national election November 3 and that its outcomes will be accepted and honored. What the results will be — and when they become known — remains, to this observer, a mystery.
By Vitor Gaspar, Paolo Mauro, Catherine Pattillo, and Raphael Espinoza Governments around the world are taking extraordinary measures to respond to the COVID-19 crisis. While maintaining the focus on addressing the health emergency and providing lifelines for households and businesses, governments need to prepare economies for the transition to the post-COVID-19 world — including by helping people get back to work.
By Madeline Finnegan, Sarah Ngo Hamerling, Beverly Hirtle, Anna Kovner, Stephan Luck, and Matthew Plosser By many measures the US banking industry entered 2020 in good health. But the widespread outbreak of the COVID-19 virus and the associated economic disruptions have caused unemployment to skyrocket and many businesses to suspend or significantly reduce operations.
Acute Observations, October 9, 2020 Perceptive Commentary from September 11-October 9 2020 10/09/20 8:00 AM Jay Powell Taken together, fiscal and monetary policy actions have so far supported a strong but incomplete recovery in demand and have — for now — substantially muted the normal recessionary dynamics that occur in a downturn. In a typical recession, there is a downward spiral in which layoffs lead to still lower demand, and subsequent additional layoffs. This dynamic was disrupted by the infusion of funds to households and businesses. [More]