You may be wondering how all the losses being incurred during the COVID-19 crisis are going to covered. Many households and businesses are experiencing staggering shortfalls of income from their outlays. These shortfalls are being dealt with in various ways: Drawing down assets;Borrowing from banks and others;Receiving assistance from the Treasury and others; and/orFalling behind … Continue reading Who Pays the Bill?
Defining My Terms
Capitalism An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.“Capitalism.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/capitalism. Accessed 27 Apr. 2020. This definition captures some of the properties … Continue reading Defining My Terms
Video: COVID-19 Economic Implications and Opportunities
Are you curious about the effects COVID-19 will have on our economy? UNCW Cameron School of Business professor Dr. Simpson discussed the economic implications and opportunities of COVID-19 during a UNCW Alumni Association-sponsored video event.
Thomas D. Simpson, PH.D. 