HOW has the coronavirus stock market crash compared with earlier ones? Is there a pattern? A year ago I looked at all previous US and UK meltdowns throughout history. Now we can include the 2020…
Browsing Category Economics
Stock market hints for 2021 from past crashes
WHAT MIGHT the past tell us about how stocks will perform over the next year and beyond? I previously wrote about the short-term aftermaths of crashes, which — despite wild variation — average out like a normal year. This…
Buy or sell? What 324 years of crashes tell us
WHEN STOCK MARKETS recently crashed, investors pondered whether to cut losses and sell, hold out in hope, or buy more shares while they were cheap. But could anyone tell which way prices would go? And…
Coronavirus: how much is a life worth?
CORONAVIRUS may cause many deaths and a global recession, depending on what governments do. Millions could die if the pandemic isn’t contained — but lock-downs risk financial collapse. This raises a major issue in economics, ethics, and…
Are demonstrating and voting worthwhile?
IF YOU want to influence politics, you should do so in ways that make optimal use of your time. Based on rough estimates of their effectiveness…