The lockdowns in place around the world will result in substantial economic collateral damage. This column looks at stock market reactions prior to and after six prominent historical crises. Equity market prices like the Dow Index are…

The transport sector is a significant greenhouse-gas emitter. Because international trade in goods requires transportation, it is regarded with some suspicion by the environmentally concerned. However, trade and transportation may actually decrease emissions if production…

By Lambert Strether of Corrente. Patient readers, this Water Cooler is way too light (though I fancy there are some topics that will provoke discussion). I’ve had some household issues over the past couple of…

Provisioning standards prevailing before and during the Global Crisis were based on the concept of incurred losses. They were criticised for excessively delaying banks’ recognition of credit losses, and thus being a source of procyclicality…

P.S., Mushrooms Are Extremely Beautiful JSTOR (Micael) Humanity’s Origin Story Just Got More Complicated Gizmodo (Kevin W) Geologists say recent earthquakes not tied to Yellowstone Caldera Star Tribune (David L) Antarctica was warm enough for…