Every Sunday, let the editorial team provide your weekly roundup of interesting stories, normally from the realm of economics. Normally we’ll focus on economics news. But these aren’t normal times. Since most news these days is about the economy’s apparently impending doom, we’re taking the liberty to step outside the field of economics. Despite our fervent passion, we need a break.
Kick back as you enjoy the stories you missed, reflect on the week that was and get ready for the next.
This week: the milkman, a war veteran and a good old cost-benefit analysis.
Unlocking Australia – Cost-benefit analysis – John Quiggin
How do economists analyse the reopening of Australian society? Here, the colossal task of “unlocking” Australia has been boiled down to the fundamental economic concept of cost-benefit analysis.
A coronavirus-related milkman boom!
In this opinion piece, The Guardian’s economics editor argues the global economy has been operating with no margin for error. The current crisis may trigger structural changes. How can we learn from this and be more resilient for future crises?
Hailed by Prince William as “a one-man funding machine,” this 99-year-old British war veteran raised 23 million GBP. Read on for a story to brighten your mood.
Coming soon: the great debt monetisation – Alan Kohler
What’s actually going to happen with all the debt the government incurs for its stimulus packages? This commentary offers one perspective.