COVID-19

May 14, 2020

Model Behaviour: How Economists Can Shape the Post-lockdown Word

The seminal work on epidemiological models was carried out in the late 1920s and early 1930s. The models have developed substantially since then, but their key drivers are still essentially those discovered nearly a century ago.
May 11, 2020

The Problem is Not Testing Capacity but Testing Participation

This paper argues that testing participation – and not testing capacity – is the biggest obstacle to a successful “test and isolate” strategy, as recently proposed by Paul Romer.
April 30, 2020

COVID-19: Who to Blame?

Much of the WHO rhetoric on COVID-19 has treated the pandemic as an unavoidable, natural disaster devoid of blame – this is absolutely not the case. The evidence overwhelmingly suggests there are two principal actors at fault, although admittedly to different extents: where the Chinese government is culpable, the WHO is complicit.
April 29, 2020

Going Viral: the History and Economics of Pandemics

Pandemics are a recurring feature of human history. In the modern world, since the 1770s, we have had a series of pandemics, with a series of cholera ones in the nineteenth and early twentieth centuries, and a series of five influenza ones since 1890.
April 17, 2020

Responses to Covid-19 of Governments in Selected Countries

The COVID-19 pandemic is a serious challenge for societies around the world. In response to it not only individuals are changing their behaviour, but also governments are taking various policy actions.
April 11, 2020

Why Do Germany and the Netherlands Oppose Coronabonds?

In recent weeks, the global impact of the coronavirus has brought a huge number of new questions to the fore. For the time being many remain unanswered but, as often happens, in some cases a lack of answers in itself can direct us towards the heart of the problem.