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The Covid-19 lesson from Sweden: Don't lock down 来自瑞典的 Covid-19 经验教训：不要封锁
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2024-02-11 DOI: 10.1111/ecaf.12611
Fredrik N G Andersson, Lars Jonung
{"title":"The Covid-19 lesson from Sweden: Don't lock down","authors":"Fredrik N G Andersson,&nbsp;Lars Jonung","doi":"10.1111/ecaf.12611","DOIUrl":"10.1111/ecaf.12611","url":null,"abstract":"<p>Covid-19 triggered a wave of lockdowns across the world, contributing to a severe downturn in economic activity. Governments responded by introducing expansionary fiscal and monetary measures. We compare the health and economic outcomes in Sweden, commonly viewed as an outlier relying more on recommendations and voluntary adjustments than on strict lockdowns, with those of comparable European OECD countries. Our results suggest that the Swedish policy of advice and trust in the population to reduce social interactions voluntarily was relatively successful. Sweden combined low excess death rates with relatively small economic costs. In future pandemics, policymakers should rely on empirical evidence rather than panicking and adopting extreme measures. Even if policymakers appeared to act rapidly and decisively, the rushed implementation of strict lockdowns in 2020/21 probably did more harm than good.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"44 1","pages":"3-16"},"PeriodicalIF":1.4,"publicationDate":"2024-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecaf.12611","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139844905","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does the monetary base matter? A response to Tim Congdon 货币基础重要吗？对Tim Congdon的回应
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12590
Scott Sumner
{"title":"Does the monetary base matter? A response to Tim Congdon","authors":"Scott Sumner","doi":"10.1111/ecaf.12590","DOIUrl":"https://doi.org/10.1111/ecaf.12590","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"437-440"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50137296","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Russia–Ukraine conflict and investor psychology in financial markets 俄乌冲突与金融市场投资者心理
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12596
Emon Kalyan Chowdhury, Umme Humaira
{"title":"The Russia–Ukraine conflict and investor psychology in financial markets","authors":"Emon Kalyan Chowdhury,&nbsp;Umme Humaira","doi":"10.1111/ecaf.12596","DOIUrl":"https://doi.org/10.1111/ecaf.12596","url":null,"abstract":"<p>This study examines the effect of the Russia–Ukraine conflict on global financial markets and the resulting changes in investor psychology. We have analysed weekly data from January 2021 to March 2023, including indicators such as gross national income, Bitcoin historical price, Standard and Poor 500 index, US consumer price index, US dollar index, and investor psychology index, using a variety of econometric techniques. Our findings reveal a positive and significant correlation between investor psychology and market returns. These results highlight the importance of monitoring investor psychology during times of conflict as it can greatly impact investment decisions in financial markets, providing valuable insights for investors and policymakers.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"388-405"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50146074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Regime change: Towards a postliberal future By Patrick J Deneen, Swift Press. 2023. 288 pp. £22.00 (hbk). ISBN: 9781800753297. £12.99 (ebk). ISBN: 978–1800753303 《政权更迭：走向后自由主义的未来》，帕特里克·J·德宁著，斯威夫特出版社。2023.288页。22.00英镑（hbk）。ISBN:97818007539297。12.99英镑（ebk）。ISBN:978–1800753033
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12589
Jamie Whyte
{"title":"Regime change: Towards a postliberal future By Patrick J Deneen, Swift Press. 2023. 288 pp. £22.00 (hbk). ISBN: 9781800753297. £12.99 (ebk). ISBN: 978–1800753303","authors":"Jamie Whyte","doi":"10.1111/ecaf.12589","DOIUrl":"https://doi.org/10.1111/ecaf.12589","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"470-472"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50117226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
End times: Elites, counter-elites and the path of political disintegration By Peter Turchin. Allen Lane. 2023. 368 pp. £25.00 (hbk). ISBN: 978-0241553480. £10.99 (pbk). ISBN: 978-0141999289. £12.99 (ebk). ISBN: 978-0141999296 《终结时代：精英、反精英与政治解体之路》彼得·图尔钦著。Allen Lane。下午2023.368。25.00英镑（hbk）。ISBN:978-0241553480。10.99英镑（pbk）。ISBN:978-0141999289。12.99英镑（ebk）。ISBN:978-0141999296
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12597
Susanna Booth
{"title":"End times: Elites, counter-elites and the path of political disintegration By Peter Turchin. Allen Lane. 2023. 368 pp. £25.00 (hbk). ISBN: 978-0241553480. £10.99 (pbk). ISBN: 978-0141999289. £12.99 (ebk). ISBN: 978-0141999296","authors":"Susanna Booth","doi":"10.1111/ecaf.12597","DOIUrl":"https://doi.org/10.1111/ecaf.12597","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"466-467"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50117227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Talmud on usury 关于高利贷的塔木德
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12599
Benedikt Koehler
{"title":"The Talmud on usury","authors":"Benedikt Koehler","doi":"10.1111/ecaf.12599","DOIUrl":"https://doi.org/10.1111/ecaf.12599","url":null,"abstract":"A ban on usury was endorsed by Judaism, Christianity, and Islam. Usury was banned in the Books of Moses, but defined in the Babylonian Talmud as a ‘reward for waiting’. Conceptions of usury in early Christianity and Islam accorded with that of the Talmud. A misrepresentation of the Talmudic conception of usury by Jacob Neusner was refuted by Emil Cohn.","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"423-435"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50127271","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Squaring the circle: Economic legacies of the Cold War 打破僵局：冷战的经济遗产
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12607
Carlos Rodríguez Braun
{"title":"Squaring the circle: Economic legacies of the Cold War","authors":"Carlos Rodríguez Braun","doi":"10.1111/ecaf.12607","DOIUrl":"https://doi.org/10.1111/ecaf.12607","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"453-457"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50137300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The ends of freedom: Recovering America's lost promise of economic rights By Mark Paul, University of Chicago Press. 2023. 320 pp. $26.00 (hbk). ISBN: 978–0226792965. $25.99 (PDF). ISBN: 978–0226826295. $25.99 (ebk). ISBN: 978–0226826295 《自由的终结：恢复美国失去的经济权利承诺》，马克·保罗著，芝加哥大学出版社2023.320页，26.00美元（hbk）。ISBN:978–0226792965$25.99（PDF）。ISBN:978–0226826295$25.99（ebk）。ISBN:978-0226826295
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12601
Joshua Bowden
{"title":"The ends of freedom: Recovering America's lost promise of economic rights By Mark Paul, University of Chicago Press. 2023. 320 pp. $26.00 (hbk). ISBN: 978–0226792965. $25.99 (PDF). ISBN: 978–0226826295. $25.99 (ebk). ISBN: 978–0226826295","authors":"Joshua Bowden","doi":"10.1111/ecaf.12601","DOIUrl":"https://doi.org/10.1111/ecaf.12601","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"468-469"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50117280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
We need to talk about inflation: 14 urgent lessons from the last 2,000 years By Stephen D. King, Yale University Press. 2023. 240 pp. £20.00 (hbk). ISBN: 978–0300270471. £9.99 (pbk). ISBN: 978–0300276084. £20.00 (ebk). ISBN: 978–0300271560 我们需要谈谈通货膨胀：过去2000年来的14个紧迫教训”，斯蒂芬·D·金著，耶鲁大学出版社下午2023.240。20.00英镑（hbk）。ISBN:978–0300270471。9.99英镑（pbk）。ISBN:978–0300276084。20.00英镑（ebk）。ISBN:978–0300271560
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12602
Christopher Snowdon
{"title":"We need to talk about inflation: 14 urgent lessons from the last 2,000 years By Stephen D. King, Yale University Press. 2023. 240 pp. £20.00 (hbk). ISBN: 978–0300270471. £9.99 (pbk). ISBN: 978–0300276084. £20.00 (ebk). ISBN: 978–0300271560","authors":"Christopher Snowdon","doi":"10.1111/ecaf.12602","DOIUrl":"https://doi.org/10.1111/ecaf.12602","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"463-465"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50127270","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The monetarists: The making of the Chicago monetary tradition, 1927–1960 By George S Tavlas, University of Chicago Press. 2023. 656 pp. $50.00 (hbk). ISBN: 978–0226823188. $49.99 (PDF). ISBN: 978–0226823195. $49.99 (ebk). ISBN: 978–0226823195 《货币主义者：芝加哥货币传统的形成》，1927–1960，乔治·S·塔夫拉斯著，芝加哥大学出版社。2023.65650.00（hbk）。ISBN:978-0226823188$49.99（PDF）。ISBN:978–0226823195$49.99（ebk）。ISBN:978-0226823195
IF 1.4
ECONOMIC AFFAIRS Pub Date : 2023-10-18 DOI: 10.1111/ecaf.12603
John Greenwood
{"title":"The monetarists: The making of the Chicago monetary tradition, 1927–1960 By George S Tavlas, University of Chicago Press. 2023. 656 pp. $50.00 (hbk). ISBN: 978–0226823188. $49.99 (PDF). ISBN: 978–0226823195. $49.99 (ebk). ISBN: 978–0226823195","authors":"John Greenwood","doi":"10.1111/ecaf.12603","DOIUrl":"https://doi.org/10.1111/ecaf.12603","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"43 3","pages":"477-479"},"PeriodicalIF":1.4,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50146078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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