COVID-19 Crisis Newsletter, with Kenneth Rogoff, Diane Coyle, and more

[View this message in a web browser]( [PS Above the Fold: the Covid-19 Crisis]( MAY 7, 2020 Welcome to PS Above the Fold, a weekly newsletter highlighting incisive analysis of the most important news stories, continuing with the COVID-19 pandemic. Featuring economic forecasts, scientific insights, and political perspectives from the world’s leading thinkers, PS Above the Fold provides an indispensable guide to a tumultuous time. [The Case for Deeply Negative Interest Rates]( [The Case for Deeply Negative Interest Rates]( [Kenneth Rogoff]( argues that such a policy would help developed countries and be a boon to emerging and developing economies. [COVID-19 and the End of Individualism]( [COVID-19 and the End of Individualism]( [Diane Coyle]( says that the pandemic has highlighted the irreducibly collective, interconnected character of modern life. [A Pledge for Africa]( [A Pledge for Africa]( [Abiy Ahmed]( makes the case for helping the continent combat the coronavirus before a second wave of infection hits. [The Fascist Politics of the Pandemic]( [Federico Finchelstein]( and [Jason Stanley]( show how right-wing governments' responses to the COVID-19 crisis fit a familiar, disturbing pattern. [Germany's Judges Declare War on the ECB]( [Willem H. Buiter]( explains how a new ruling by the country's Federal Constitutional Court could unravel the entire eurozone. [How to Avoid a W-Shaped Recession]( [Jeffrey Frankel]( cautions policymakers not to withdraw public-health and economic-stimulus measures too soon. [Brazil Needs Intensive Care]( [Ilona Szabó]( warns that Jair Bolsonaro's administration has undermined the country's democracy at the worst possible moment. [Planning for an American Bankruptcy Epidemic]( [Ben Iverson]( and [Mark Roe]( say a major increase in judicial capacity in the coming months is essential to avoid even more economic pain. [For the rest of our COVID-19 coverage, click here]( Support High-Quality Commentary For more than 25 years, Project Syndicate has been guided by a simple credo: All people deserve access to a broad range of views by the world’s foremost leaders and thinkers on the issues, events, and forces shaping their lives. As the COVID-19 pandemic escalates, and its direct and indirect effects reverberate around the world, that mission is more important than ever – and we remain committed to fulfilling it. But there is no doubt that the intensifying crisis puts us, like so many other organizations, under growing strain. If you are in a position to support us, please [subscribe now](. As a subscriber, you will enjoy unlimited access to our On Point suite of long reads and book reviews, Say More contributor interviews, The Year Ahead magazine, the full PS archive, and much more. You will also directly support our mission of delivering the highest-quality commentary on the world’s most pressing issues – including the latest outbreak-related developments – to as wide an audience as possible. By helping us to build a truly open world of ideas, every PS subscriber makes a real difference. Thank you. [SUBSCRIBE NOW]( 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](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.