The Economics of Pandemic Disruption

Public policy responses to the COVID-19 pandemic have caused enormous global economic disruption, as have reactions from consumers and corporations. The economic turmoil is visible everywhere – in supply chains, in unemployment numbers and in housing markets. While consumers hoard goods, the unequal distribution of economic pain in communities, sectors and groups has worsened. Despite this, some have managed to innovate and thrive—the world even has 6 new billionaires!

HealthDay Now journalist Mabel Jong moderates a panel including Michael Ettlinger, Founding Director University of New Hampshire Carsey School of Public Policy; Kristen Broady, Metropolitan Policy Fellow at the Brookings Institute, and Jacob Faber, Associate Professor of Sociology and Public Service at New York University. They discuss these trends and consider how economic disruptions will further impact our behaviors or change the fundamentals of how markets function. They also consider the treatment of vulnerable groups and think about things like the care economy and public health infrastructure going forward.

RESOURCES

This article highlights the inequity for certain demographics facing unemployment during the pandemic: https://www.brookings.edu/blog/the-avenue/2021/07/02/despite-junes-positive-jobs-numbers-black-workers-continue-to-face-high-unemployment/

If you want to learn more about eviction rates and tracking the numbers, you can find that information here: https://evictionlab.org

Here is a map of the evictions around the nation: https://www.nytimes.com/2021/07/28/opinion/covid-eviction-moratorium.html

We recommend The Daily’s “Stories from the Great American Labor Shortage" https://podcasts.apple.com/us/podcast/the-daily/id1200361736?i=1000530853502

GBH Forum Network ~ Free online lectures: Explore a world of ideas! See our complete archive here: http://forum-network.org

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