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The Economic Consequences of the Pandemic

The Economic Consequences of the Pandemic

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  • John Quiggin
  • Yale University Press
  • Hardcover
  • 9780300257755
  • -
  • -
  • Business & Economics > Economic Conditions
  • English
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Book Description

From the author of Zombie Economics, a plan for creating a postpandemic economy that is more inclusive, equitable, and sustainable than the one preceding it

The COVID-19 pandemic has upended the global economy and revealed glaring inadequacies and injustices in many parts of our social and economic systems. The prepandemic world was defined by globalization and the free movement of goods, people, and capital. It was also a world of ever-increasing concentration of wealth held by those at the very top.

Showing how the coronavirus exposed the weaknesses of a system that had us on the path to entrenched inequality and environmental disaster, John Quiggin argues that a return to normalcy is neither possible nor desirable. With an astute historical perspective that takes into account the outcomes of the economic strategies employed following the devastation of each of the two world wars, Quiggin shows how the pandemic offers the opportunity to discard outdated models and embrace new ideas in order to create a broadly shared prosperity.

The Economic Consequences of the Pandemic

Author Bio

John Quiggin is a Professor in Economics at The University of Queensland and is prominent both as a research economist and as a commentator on Australian economic policy. He is a Fellow of the Econometric Society, the Academy of the Social Sciences in Australia and many other learned societies and institutions. 

He has produced over 1500 publications, including six books and over 250 journal articles, in fields including decision theory, environmental economics, production economics, and the theory of economic growth. He has also written on policy topics including climate change, micro-economic reform, privatisation, employment policy and the management of the Murray-Darling river system. 

His latest book, Economics in Two Lessons: Why Markets Work so Well, and Why They Can Fail So Badly, was released in 2019 by Princeton University Press.

 

Source: The University of Queensland 

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