Rhodes Center founder William R. Rhodes and Stuart P. M. Mackintosh consider COVID-19 in terms of economic damage, our governments’ responses, and the outlook going forward.

The economist has long argued that governments should spend whatever it takes. Has her time now come?

Rhodes Center founder William Rhodes and epidemiologist Christina Valencia discuss how as Venezuela continues to battle its unparalleled humanitarian emergency, the spread of Covid-19 is exposing the shortcomings in the country’s health, water, electrical and economic systems, which were already under immense pressure.

In this piece, Mark Blyth's article in Foreign Affairs is cited. He argues that the U.S. economic model makes it more vulnerable to the coronavirus than countries with stronger welfare safety nets.

Rhodes Center director Mark Blyth, explains why America’s growth model suggests it has few good options.

Rhodes Center affiliate and US Markets Reporter for the Financial Times, Colby Smith, reports that analysts say it is time to revive the yield curve control policy.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, comment on five tactics the Federal Reserve could use to help markets function during the coronavirus pandemic.

Once again, markets are crashing and taxpayers are bailing out wealthy insiders. It's time we reform this perverse social contract.

Rhodes Center affiliate Simon Tilford argues that the financial instability sparked by the coronavirus will result in states pursuing increasingly interventionist and nationalist economic policies.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on rising unemployment benefit claims caused by coronavirus-related shutdowns.

Stephen Kinsella, Rhodes Center affiliate and Associate Professor of Economics at the University of Limerick, says the coronavirus will markedly change the Irish economy.

Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, writes that unemployment insurance could be used to encourage people to stay home during the coronavirus pandemic.

Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that the Federal Reserve can use community and regional banks to provide relief to families and small businesses.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s historic plan to boost the economy by buying government bonds and corporate debt.

Rhodes Center Director Mark Blyth and Center affiliate Stephen Kinsella send an open letter to the European Council calling for the creation of a single, eurozone wide bond to share the costs of fighting coronavirus among member states.

Rhodes Center Director Mark Blyth gathers support for plan to create a new, eurozone-wide financial instrument called the ‘eurobond’ to raise capital and lower borrowing costs for European nations reeling from the coronavirus.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s announcement of a new lending program for municipal bonds.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report that Federal Reserve has loosened lending requirements and collateral rules to boost liquidity.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s announcement that it will begin buying commercial paper in a bid to shore up markets.

more

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, explain three of the Federal Reserve’s tactics to keep financial markets from falling during the coronavirus pandemic.

Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, reports on the effect social distancing has had on restaurants and other retail businesses.

Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that the Federal Reserve needs to step in and keep money flowing to local banks and small businesses during the liquidity crisis sparked by the coronavirus.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report that the Federal Reserve is poised to spend $37bn, nearly half its total for March and early April, in a single day.

Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s efforts to increase lending to the repo market.