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How bad might it get? The Great Depression

As the economic carnage from the coronavirus pandemic continues, a long-forbidden word is starting to creep onto people’s lips: “depression.” In the 19th and early 20th centuries, there was no commonly accepted word for a slowdown in the economy. “Panic” was the term typically used for financial crises, while long slumps were commonly called depressions. Presidents such as James Monroe ...

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Military can help win the fight against pandemics

T he Covid-19 pandemic is a bracing national security challenge — and how the country responds is doubly crucial, since biological history tells us that another, potentially more lethal, pathogen is inevitable. The US military can play a valuable role in helping to fight the next pandemic, if the lessons of this crisis are inculcated and implemented now. America’s armed ...

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Tech firms must give businesses a break

A large part of managing the economic disruption from the coronavirus crisis has been keeping businesses and individuals afloat amid the shutdown of large parts of the economy. Banks, landlords, the federal government, hospitals and workers have all chipped in to do their part. But one notable group of companies has been missing from this process — large technology companies ...

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