How an age-based reopening could save lives
MIT economists recommend older Americans stay home during COVID-19 pandemic while younger adults return to work sooner.
Faculty
MIT economists recommend older Americans stay home during COVID-19 pandemic while younger adults return to work sooner.
Ivan Werning suggests considering a set of different sectors, each hit by shocks in its own way.
"It was a good start. If the economy were a house, it is already burning."
"Dollarizing with a shortage of dollars stinks. The country must primarily address its chronic fiscal problem.
Real wages typically take a hit before recovering to their old level. America appears to be making progress, the old continent remains behind.