The Pandemic Lockdown

The devastating blow of the pandemic lockdown continues to unfold on the global economy, causing a near-stop to travel, migration, and gatherings. For those of us who continue to work while our physical workplaces are closed, to say we’re “working from home” is not quite accurate: we are confined to our homes due to a crisis, trying to work. For many others, work has screeched to a halt. Will this episode turn into a repeat of the Great Depression, with years of shrinking GDP and sky-high unemployment? We doubt it, for a couple of reasons.

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