This is very alarming stuff. The author has to make some assumptions in order to calculate this figure, but I think the assumptions are not unreasonable. Have a look and assess for yourself.
Insights for Navigating an Uncertain World
This is very alarming stuff. The author has to make some assumptions in order to calculate this figure, but I think the assumptions are not unreasonable. Have a look and assess for yourself.
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts