recession

We have experienced unprecedented economic effects of the COVID-19 pandemic and social distancing policies. Twenty two million Americans lost jobs in four weeks.

The United States has taken unprecedented actions to halt the spread of the novel coronavirus and the illness it causes, COVID-19. How bad will this be for the economy?

Economic contractions harm human health, so governments should take that into account in their coronavirus policies

In a recent survey of business economists, only 4 percent said they expected a recession to begin by the end of the year.

In the coming weeks, Congress will again debate increasing the debt limit. 

The Great Recession and its aftermath produced a sharp decline in employment. Almost eight million more Americans would be working today if the labor force participation rate were unchanged from 2007.  Some economists suggest that video games may explain this decline.

Today we have assembled a panel of independent experts with unique perspectives. We are recording this in late January, and it has already been a dramatic year. After rebounding from a brutal start, the U.S. stock market is still down 5%, while Europe, Japan and China have all declined approximately 8%.

In today’s episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with University of Arkansas-Little Rock economics professor Erick Elder about a new study, published by the Mercatus Center at George Mason University, about how well state lawmakers are preparing for the next economic recession.