Anatole Kaletsky: COVID-19 by the Numbers

The Sunday Newsletter [View this message in a web browser]( [PS on Sunday]( MARCH 15, 2020 This week at [Project Syndicate]( Joseph E. Stiglitz sees the COVID-19 pandemic as a natural rejoinder to know-nothing populism; Barry Eichengreen calls for coordination, autonomy, and transparency in the fight against the coronavirus; Anatole Kaletsky marshals statistical trends to challenge panicky media headlines; and more. Join the conversation. Politics & World Affairs [Plagued by Trumpism]( [Joseph E. Stiglitz]( argues that the COVID-19 crisis has laid bare the bankruptcy of Donald Trump, US Republicans, and their commitment to anti-government, anti-intellectual populism. Economics & Finance [Coronanomics 101]( [Barry Eichengreen]( urges policymakers to acknowledge the limits of macroeconomic tools in the face of the pandemic. Politics & World Affairs [COVID-19 by the Numbers]( [Anatole Kaletsky]( shows that neither the pattern of contagion nor clinical experience with the disease justifies global panic. Politics & World Affairs [A Made-in-China Pandemic]( [Brahma Chellaney]( worries that the world is far too exposed to Chinese supply chains – beginning with the pharmaceutical sector. [Piketty's Latest Charge]( On Point [Piketty's Latest Charge]( [Willem H. Buiter]( reviews the French economist's equally ambitious sequel to the book that made him famous. Economics & Finance [COVID-19 Is an Opportunity for Europe]( [Lucrezia Reichlin]( advocates a coordinated fiscal stimulus that takes advantage of the European Union's joint-financing power. Economics & Finance [The US Federal Reserve’s Debt Purchases Are a Warning]( [David Ahn]( and [Robert H. Dugger]( urge policymakers to address new generation-spanning challenges with a wartime sense of urgency. [The Great Contagion]( Big Picture [The Great Contagion]( PS commentators assess what economic policymakers can do to mitigate the impact of COVID-19. Economics & Finance [The Pandemic Stress Test]( [Raghuram G. Rajan]( expects the COVID-19 crisis to expose weaknesses not just in the economy but in the halls of power. Economics & Finance [What COVID-19 Means for International Cooperation]( [Kemal Derviş]( and [Sebastián Strauss]( argue that the COVID-19 outbreak could prompt greater cooperation to reduce and manage global threats. The Year Ahead 2020 [Rebuilding the Political Center]( [Rebuilding the Political Center]( [Tharman Shanmugaratnam]( explains what must be done to reverse the widespread loss of confidence in both governments and markets. Culture & Society [Why What Does Not Kill Us Makes Us Panic]( [Gerd Gigerenzer]( says greater risk literacy would make the public less afraid of threats such as the COVID-19 epidemic. Politics & World Affairs [Napoleon's Middle East Legacy]( [Alexander Mikaberidze]( shows how the conflicts of two centuries ago continue to reverberate in the region today. Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter is a service of [project-syndicate.org](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](