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Sustaining Capitalism

Jun 25, 2020

The COVID-19 pandemic has delivered an unprecedentedly rapid shock to the US economy, sending unemployment rates to levels not seen since the Great Depression. In response, Congress enacted—on a temporary basis—one of the largest Federal expansions of unemployment benefits in US history. With the expiration of some...


Jun 10, 2020

As a result of the COVID-19 pandemic, the US labor market is experiencing a shock sharper than any in living memory. While likely understating the number of people at least temporarily sidelined, the official unemployment rate rocketed from close to a 50 year low to its highest level since the Great Depression in...


Jun 3, 2020

The COVID-19 pandemic is disrupting many aspects of American life, and its future trajectory is hard to predict. As CED trustees Bob Kueppers and Ron Klein wrote in a recent op-ed, “While we cannot know the state of the pandemic at the time of the November elections, policymakers and election officials must act now...


May 7, 2020

Faced with a public health and economic crisis unlike any in living memory, Congress has enacted trillions of dollars of relief while the Federal Reserve is carrying out unprecedented market interventions. How successful have those efforts been and what more will need to be done in order to minimize harm? How...


Apr 29, 2020

The public sector is scrambling to address the massive public health and economic crisis driven by the COVID-19 pandemic. As policymakers and bureaucrats at all levels of government have sought to ameliorate harm and spur an effective response, the performance of many government programs and systems—in terms...