Some economists say their field's most prestigious journals haven't been particularly receptive to scholarly work related to race and discrimination, effectively marginalizing such studies and their authors.
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White House appoints Goodspeed to lead Council of Economic Advisers - POLITICO
The former academic economist will serve as acting chair of Trump's CEA, providing economic analysis and guidance on the coronavirus response.
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"Tyler is a brilliant economist who is held in the highest regard by everyone in the White House," said Kevin Hassett, the first chair of the council under Trump who became one of the president's trusted aides. "He has an uncanny ability to assemble evidence and perform original analysis almost instantaneously."
Germany passes through the deepest part of economic collapse - ministry | ICIS
LONDON (ICIS)--Germany has passed through the deepest part of the economic trough brought on by the coronavirus pandemic, the country's economic ministry said on Monday, with activity increasing but capacity still underutilised.
The country's key manufacturing industry increased production by 10.3% in May, month on month, driven particularly by automotive production and components, with further improvements expected for June.
The data points to industrial production having bottomed out and starting to rebound, Germany's Federal Ministry of Economics and Technology (BMWi) said, after a downturn that significantly pre-dated the pandemic and chilled conditions in wider eurozone manufacturing since the second half of 2019.
ASEAN economic prospects amid emerging turbulence
While you're here, how about this:
Race, economics meet the virus – Investigative Reporting Workshop
SHREVEPORT, La. — Deloris Dee Lynch has help at home from her daughter, and she does enough online shopping to get by day to day. Lynch rarely leaves her house.
Coronavirus infections have been spiking for weeks in Louisiana’s northernmost big city, as they have across the South and West, from Florida to Arizona.
The century-old industrial site is a constant for everyone here. For years, Lynch has blamed its pollution for the breathing problems that cause her to rely on an oxygen tank.
How to sustain the economic recovery and turn it into a V - MarketWatch
The U.S. economy took a remarkable bounce these past few months but to accomplish a V-shaped recovery, Congress and the administration must agree on another stimulus package soon.
Hitting the emergency brake left a huge hole—unemployment jumped from 3.5% in February to 14.7% in April —wiping away all the jobs created by the Obama-Trump expansion.
Retail sales —which to an economist are like a patient's pulse for a physician—were similarly depressed . Nearly half of all households lost income, and consumers could not get to stores, go to the gym or sit in a restaurant.
We're in for a 'partial V-' shaped economic recovery, Goldman Sachs analysts argue -
There's a lot to be worried about in the corona-crisis economy, but economists at Goldman Sachs see a brighter picture than some analysts do.
In a research note out Monday, the team, led by Jan Hatzius, looks at U.S. and global purchasing manager indexes, which have been averaging about 50, which is the neutral line between expansion and contraction. That would seem to imply a "worryingly slow pace of recovery," the analysts note.
Related: Stock-market risks for remainder of 2020 'are completely to the downside,' says BofA analyst
After the fastest recession in U.S.
United Airlines announced plans to lay off more than one-third of its 95,000 workers. Brooks Brothers, which first opened for business in 1818, filed for bankruptcy. And Bed Bath and Beyond said it will close 200 stores.
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When states and cities began closing most businesses in March, the idea was to smother the virus and buy time for the medical system to adapt. Jared Kushner, the president's son-in-law and a senior White House adviser, spoke of hopes "that by July the country's really rocking again."
Happening on Twitter
Some economists say their field's most prestigious journals haven't been particularly receptive to scholarly work r… https://t.co/oWA2tEEumD WSJ (from New York, NY) Sun Jul 12 21:30:11 +0000 2020
Some economists say the field's top journals haven't been particularly receptive to scholarly work related to race… https://t.co/RDvoBaLuOv WSJecon (from Washington, D.C.) Mon Jul 13 12:57:28 +0000 2020
Proud of my former boss, Dr. Samuel L. Myers Jr. @HHHSchool, he's the reason I'm in MN and is a pioneer on race a… https://t.co/OMdmpkELVS MelisaFranzen (from Edina, MN) Mon Jul 13 12:20:36 +0000 2020
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