Michael Klein
FLETCHER SCHOOL OF LAW AND DIPLOMACY, TUFTS UNIVERSITY. Professor of International Economic Affairs. Research interests include world capital markets, exchange rate management, and foreign direct investment.

Policy Responses to the Economic Consequences of Coronavirus

March 17, 2020

The Issue:

Coronavirus presents economic challenges as well as adverse consequences for public health. Interruptions to regular business activity through people sheltering at home, limiting both the supply of workers and the demand for goods and services, coupled with panic in financial markets, almost certainly

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Coronavirus and the Health of the U.S. Economy

March 12, 2020

The Issue:

The coronavirus has, in a matter of weeks, had a profound impact on the world economy. The economic impacts stem both from the direct effect of those who fall ill and from the measures taken to contain or slow the progression of the pandemic. These effects, operating through both domestic and global

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The Problems with Low Inflation (VIDEO)

December 18, 2019
This conversation was recorded on August 1, 2019.

Inflation has gone from being a threat to the economy because it was too high in the 1970s, to being a source of concern today because it is too low. Since 2012, the U.S. Federal Reserve has been persistently unable to lift inflation to reach its 2% target. Why

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Is Big Bad? Evolving Anti-trust Concerns in the U.S. (VIDEO)

November 8, 2019
This conversation was recorded on August 1, 2019.

A primary concern raised when one firm dominates a market is that consumers will face higher prices and fewer choices. Yet the existence of big firms at the national level does not necessarily mean that there will be less competition at the local level. Some of

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