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In the coming months, policymakers will be forced to strike a difficult balance between protecting people’s health and protecting their livelihoods. “If the problem is we need jobs, the government should create them. Hire the unemployed. It’s a very straightforward solution,” says Professor Tcherneva.

For weeks, people have been re-creating works of fine art using household items and posting their tableaus on social media. At a time when museums are closed, galleries have shuttered, and art education has largely moved online, “these images have formed a living archive of creativity in isolation,” writes Kelleher. “There are so many people who miss the quietly social act of looking at art with others. For now, they will have to make do with virtual gallery tours and riffs on famous paintings posted to Instagram.”

“Put simply, the blame-shifting from the Trump administration elides the fact that both China and the United States bear responsibility in creating the conditions that exist today,” says Professor Murray. “An important effect of this rhetoric is that it positions China as a lesser, distinctly incapable global power relative to the superior United States, which in turn, precludes the kind of international cooperation that a pandemic requires.”

Bard Associate Professor of Economics Pavlina Tcherneva talks with Elmira Bayrasli, Director of the Bard Globalization and International Affairs Program, about how Modern Monetary Theory can help save the U.S. economy from the devastation left by COVID-19. “We need to re-engage in this conversation about the role of the public sector and what kind of an economy we want after the pandemic,” says Professor Tcherneva.
Interview with Opinion Has It, from Project Syndicate

Further Interviews with Professor Tcherneva
Corporate Coronavirus Bailout Threatens Prolonged Economic Pain (The Gray Zone)

The Nordic Way to Economic Rescue (New York Times)