By 2050, two out of every three people on the planet are projected to be living in cities. In order for cities to cope with such increasing
How Our Homes and Cities Will Change
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Re-Opening Does Not Signal Buy
Markets dipped this past week. Might this signal the end of the recent rebound? Or is it merely a pause, with further gains to come?
Balance Sheet Fault Lines
Equity markets are waxing and waning on day-to-day news. Are earnings reports, new infection rates, vaccine development or hints about further
Update On A COVID-19 Vaccine
Humankind has never had a more urgent task than creating broad immunity for coronavirus. Realistically, if we’re going to return to normal,
Are “Dismal Scientists” Dismal Enough During Recessions?
Economics is often called “the dismal science”. And economists are very pessimistic about the near-term outlook as a result of the recent
How Should Leaders Decide?
Today, around the world, national, regional and local political leaders, along with their corporate and business peers, are facing in COVID-19
The Covid-19 Mental Health Crisis
Mental health is a huge problem in the United States. About one-fifth of all Americans grapple with psychological disorders, and only half
On the Same Page—For Better or Worse
This past week equity markets continued their impressive recovery from their Covid-19 lows.
The Big Thing
The Big Thing explains the Covid-19 crisis through the eyes of a 5 year old girl, and teaches children about the idea of silver linings and
Time to Face Up to Reality
It was all very predictable. The mood of fanfare and almost universal applause that greeted the launch of the big bazooka COVID-19 support
Repress Covid, Repress Finance?
The economic crisis unfolding in western economies is the fastest and deepest on record.
Wanderers
Are you feeling cooped up, stir-crazy? No wonder – even after 400 generations in villages and cities, we are still nomadic wanderers
Market Compass: Six Headwinds
Markets recovered strongly in April. US equities enjoyed one of their best months since the 1930s, credit markets stabilized, and even depressed
It Is Time For A Draft
In our national history, when we have faced terrible times of economic hardship, civil discord, and political division, more often than not
AIDS Offers COVID-19 Hope
History repeats itself. This idea, first floated by the Greek Hellenistic historian Polybius about 2000 years ago, gives us some hope for
No, Elon Musk, Stay-at-Home Orders Aren’t ‘Fascist’
Stay-at-home orders are “fascist” and “not democratic.” At least, that’s according to Tesla CEO Elon Musk.
The Deadly Urgency of Now
The consequences of lapses in international cooperation in combating COVID-19 over the last few months can now be counted in lost lives. Having
What the Stock Market Is Really Saying
The seeming confidence expressed by global equity markets in the face of the COVID-19 pandemic has surprised many – including many market
Calmer, But For How Long?
As we move into the last week of April, market jitters appear to have begun to subside. Even oil prices recouped some of their dramatic declines.
Target R and Wait for the Vaccine
Opening up the economy means allowing more human interaction and hence greater potential for new #COVID19 infections. Two numbers matter for
After Covid-19 – Debt Forgiveness?
Anyone speculating on what the world will look like when we emerge from Covid- 19 lockdown, would do well to heed the famous quip about prediction
The Chosen Few
Global equity indices continue to recover. Much of the related commentary concludes that investors are heartened by signs of pandemic curve-flattening
How Capitalism Must Change
The Covid-19 pandemic has exposed fundamental fault lines in the reigning business model of the past 40 years.
How Museums Can Help Us Survive
We step out of our homes today, onto the street and into our surroundings, just as we used to. But the space we considered outdoors has a