The New York Times – “The coronavirus still has a long way to go. That’s the message from a crop of new studies across the world that are trying to quantify how many people have been infected. Official case counts often substantially underestimate the number of coronavirus infections. But in new studies that test the… Continue Reading
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Daily Archives: May 28, 2020
We’ll Need Mass Debt Forgiveness to Recover From the Coronavirus
Interview with James K. Galbraith via New York Magazine: “…Why do you think a mass debt forgiveness is going to be necessary to facilitate recovery after the pandemic? There’s a certain presumption that what can be shut down can be reopened—that the natural course of events is a rapid economic recovery. And that’s what I’m… Continue Reading
Federal Criminal Prosecutions Plummet in Wake of COVID-19
“New criminal prosecutions dropped by 80 percent between February and April — from 13,843 during February 2020, before federal shutdowns to control the spread of COVID-19 began, to just 2,824 in April 2020. This means that only one-fifth the usual prosecutions took place. Two major factors contributed to this precipitous decline. First, referrals to federal… Continue Reading
