Nicolas Garcia, Stanford University -- The story of how negotiations between Stanford Hospital and the Committee for Recognition of Nursing Achievement (CRONA), the union representing registered nurses (RNs) at Stanford, broke down is documented in both news reports and press releases. However, the role that the nursing supply in California played in shaping the strike deserves closer examination.
COMMENTARY: Predicting COVID-19’s Long-Term Effects Using Past Pandemics
Azmaeen Zarif, University of Cambridge -- Despite vaccine successes, the end of the COVID-19 pandemic remains unclear. While strict public health measures alongside lower fatality rates for the younger population may have mitigated the impacts on potential output in the long-term, issues such as the deskilling and demoralization of unemployed workers and delayed bankruptcies following the eventual withdrawal of governmental support, risk potential deep and persistent economic scarring. Past pandemics may hold the key to predicting the long-term economic effects of COVID-19.
COMMENTARY: How the U.S. Can Fight World Hunger
Ezra Kohrman, Stanford University -- A food crisis is brewing. Over the last two years, supply chain chokeholds, rising energy costs, and natural disasters have fueled an escalating spiral of increasing food prices. The war in Ukraine is now accelerating this crisis to unprecedented proportions.
COMMENTARY: Climate Change and the Pacific Small Island Developing States
Irina Didenko and Jennifer Zhang, New York University -- As climate change continues to wreak havoc worldwide, the international community has become increasingly concerned for the environmental and economic future of less developed countries (LDCs), which face acute difficulty enduring and recovering from climate disasters due to their poor infrastructure, weak governance, and low level of human capital. One group of LDCs, in particular, requires special attention, as their unique geographic characteristics make them especially vulnerable to climate change shocks: the Pacific Small Island Developing States (PSIDS).
COMMENTARY: Governance in the Global Economy
Zachary Cheek, University of Nebraska-Lincoln -- Trade liberalization has long been thought to lead to the decline of repressive regimes. However, as autocratic states like Russia, Iran, and China have expanded their influence, Western nations are beginning to see that trade alone will not be a motivator for antagonist governments to behave in the desired ways.
COMMENTARY: Ghost Credits: A Carbon Conundrum
Eshan Kemp, Stanford University -- Researchers have found that a sizable number of credits in existing carbon markets can be traced back to a systematic overestimation of carbon emission savings.
COMMENTARY: China’s Supply-Side Waste and Demand-Side Failure
Lucas Bosman, Stanford University -- Ushering in economic reforms to resolve China’s demand-side failings is top priority (Kynge, 2021), though the question remains whether change is viable, both economically and politically.
COMMENTARY: Metaverse Money: The Economy in a Digital World
Aidan Cullen, Stanford University -- The Metaverse has opened a whole new world of possibilities. By generating prime advertising space for large companies and fueling the mass trading of NFTs, the Metaverse is forming a fascinating new economy.
COMMENTARY: The Russian Solution to a European Energy Crisis
Jenna Teterin, Stanford University -- Europe is running out of gas. With panic rising and solutions limited, the Nord Stream 2 pipeline, while unpopular, may be Europe’s best option yet.