Creating lots of new money is supposed to produce runaway inflation. The longer that it doesn’t happen, the more this branch of economics appears to have a point.
Strong foundations: Hong Kong’s finance industry.
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When Russia transitioned from a command economy to a market-based one, many thought it would lead to huge unemployment. It didn’t – but that’s because much of it was hidden.
It is only with comparable data that scientists can assess whether the measures they implement are effective in protecting citizens, and better prepare for future health crises.
Second waves of coronavirus cases are far more likely to be driven by poverty and economic necessity.
It has been found that white people tend to turn to their Black, Asian and minority ethnic colleagues to handle racism in the workplace.
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The International Labour Organization was founded in 1919 at the Treaty of Versailles after the ravages of pandemic and world war. Its model offers a way forward for us now.
US soldiers with influenza at Aix-Les-Bains in France in 1918.
U.S. Army photographer via Wikimedia Commons
PODCAST: The third part of a series from The Anthill Podcast on how the world recovered from major crises throughout history focuses on the recovery after 1918.