Longer-Run Economic Consequences of Pandemics

We study rates of return on assets using a dataset stretching back to the 14th century, focusing on 12 major pandemics where more than 100,000 people died. In addition, we include major armed conflicts resulting in a similarly large death toll. Significant macroeconomic after-effects of the pandemics persist for about 40 years,  (pdf)

Mapping the Boundaries of Elite Cues: How Elites Shape Mass Opinion Across International Issues

via New York Times | The Interpreter

Despite intense interest in the nature and malleability of public opinion about foreign policy, there remains debate over when and how elite messages shape mass opinion on international issues, especially whether the informational or partisan components of elite cues dominate (pdf)

Penelope’s (In)Fidelity

a Mantinean tradition that Penelope was expelled from Ithaca on a suspicion of infidelity.

Don’t Use Taxpayer Money to Bailout Investors Like Me

When we invested in stocks and bonds, we knew we might have to face a storm or two. The high returns we received on our investments compensated us for this risk. When the government bails out a corporation, it is letting investors like me keep all the profits in good times without bearing the losses in bad times.

Also
Economics, Law and Finance Professors from Major Universities Write to Congress : “Bail Out People Before Large Corporations”

Mental models and human reasoning | Philip N. Johnson-Laird

To be rational is to be able to reason. Thirty years ago psychologists believed that human reasoning depended on formal rules of inference akin to those of a logical calculus. This hypothesis ran into difficulties, which led to an alternative view: reasoning depends on

via Nick Chater at The Conversation 

The ECB Can Save the Italian Economy and Prevent a New Euro Crisis | Olivier Blanchard

The last thing the world needs at this juncture is another euro crisis. The ECB should and can avoid it

JPMorgan forecasts a recession will rock the US and Europe by July

JPMorgan officially forecasts a coronavirus-driven recession will rock the US and Europe by July

Coronavirus & Capitalism | NYT, The Interpreter

markets do not take morality or ethics into account when distributing necessities. And poverty, inequality, discrimination, inefficiencies and imperfect information have always warped distribution of goods and services away from the smooth curves the theories predict."

A List of Women Authors from Ancient Greece and Rome for International Women’s Day

https://sententiaeantiquae.com/2020/03/08/a-list-of-women-authors-from-the-ancient-world-for-international-womens-day/