The Pandemic Paradox : : How the COVID Crisis Made Americans More Financially Secure / / Scott Fulford.
Why most Americans’ finances improved during the worst economic contraction since the Great Depression—and the policy choices that made this possibleIn March 2020, economic and social life across the United States came to an abrupt halt as the country tried to slow the spread of COVID-19. In the wor...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2023] ©2023 |
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Fulford, Scott, author. aut http://id.loc.gov/vocabulary/relators/aut The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / Scott Fulford. Princeton, NJ : Princeton University Press, [2023] ©2023 1 online resource (392 p.) : 58 b/w illus. 7 tables. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- 1 Introduction -- Part I The Pandemic Economic Collapse -- 2 The Bottom Falls Out -- 3 Making Ends Meet before the Pandemic -- 4 The CARES Act -- Part II The Pandemic Settles In -- 5 Muddling Through -- 6 Pandemic Relief after the CARES Act -- 7 Left Behind, Again -- Part III The Pandemic’s Aftermath -- 8 Work from Home: The Past and Future of Work -- 9 The Long Term -- 10 Struggling Back to (a New?) Normal -- 11 The Pandemic Paradox -- Epilogue: October 2022 -- Acknowledgments -- Notes -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Why most Americans’ finances improved during the worst economic contraction since the Great Depression—and the policy choices that made this possibleIn March 2020, economic and social life across the United States came to an abrupt halt as the country tried to slow the spread of COVID-19. In the worst economic contraction since the Great Depression, twenty-two million people lost their jobs between mid-March and mid-April of 2020. And yet somehow the finances of most Americans improved during the pandemic—savings went up, debts went down, and fewer people had trouble paying their bills. In The Pandemic Paradox, economist Scott Fulford explains this seeming contradiction, describing how the pandemic reshaped the American economy. As Americans grappled with remote work, “essential” work, and closed schools, three massive pandemic relief bills, starting with the CARES Act on March 27, 2020, managed to protect many of America’s most vulnerable.Fulford draws from the Consumer Financial Protection Bureau's “Making Ends Meet” surveys—which he helped design—to interweave macroeconomic trends in spending, saving, and debt with stories of individual Americans’ economic lives during the pandemic. We meet Winona, who quit her job to take care of her children; Marvin, who retired early and worried that his savings wouldn’t last; Lisa, whose expenses went up after her grown kids (and their dog) moved back home; and many others. What the statistics and the stories show, Fulford argues, is that a better, fairer, more productive economy is still possible. The success of pandemic relief policy proves that Americans’ economic fragility is not an unsolvable problem. But we have to choose to solve it. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Mai 2023) COVID-19 Pandemic, 2020- Economic aspects United States. BUSINESS & ECONOMICS / Finance / General. bisacsh Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2023 English 9783111319070 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2023 English 9783111319292 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2023 9783111318912 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2023 9783111318134 ZDB-23-DBV Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2023 9783110749748 https://doi.org/10.1515/9780691245348?locatt=mode:legacy https://www.degruyter.com/isbn/9780691245348 Cover https://www.degruyter.com/document/cover/isbn/9780691245348/original |
language |
English |
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author |
Fulford, Scott, Fulford, Scott, |
spellingShingle |
Fulford, Scott, Fulford, Scott, The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / Frontmatter -- Contents -- 1 Introduction -- Part I The Pandemic Economic Collapse -- 2 The Bottom Falls Out -- 3 Making Ends Meet before the Pandemic -- 4 The CARES Act -- Part II The Pandemic Settles In -- 5 Muddling Through -- 6 Pandemic Relief after the CARES Act -- 7 Left Behind, Again -- Part III The Pandemic’s Aftermath -- 8 Work from Home: The Past and Future of Work -- 9 The Long Term -- 10 Struggling Back to (a New?) Normal -- 11 The Pandemic Paradox -- Epilogue: October 2022 -- Acknowledgments -- Notes -- Index |
author_facet |
Fulford, Scott, Fulford, Scott, |
author_variant |
s f sf s f sf |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Fulford, Scott, |
title |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / |
title_sub |
How the COVID Crisis Made Americans More Financially Secure / |
title_full |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / Scott Fulford. |
title_fullStr |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / Scott Fulford. |
title_full_unstemmed |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / Scott Fulford. |
title_auth |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / |
title_alt |
Frontmatter -- Contents -- 1 Introduction -- Part I The Pandemic Economic Collapse -- 2 The Bottom Falls Out -- 3 Making Ends Meet before the Pandemic -- 4 The CARES Act -- Part II The Pandemic Settles In -- 5 Muddling Through -- 6 Pandemic Relief after the CARES Act -- 7 Left Behind, Again -- Part III The Pandemic’s Aftermath -- 8 Work from Home: The Past and Future of Work -- 9 The Long Term -- 10 Struggling Back to (a New?) Normal -- 11 The Pandemic Paradox -- Epilogue: October 2022 -- Acknowledgments -- Notes -- Index |
title_new |
The Pandemic Paradox : |
title_sort |
the pandemic paradox : how the covid crisis made americans more financially secure / |
publisher |
Princeton University Press, |
publishDate |
2023 |
physical |
1 online resource (392 p.) : 58 b/w illus. 7 tables. |
contents |
Frontmatter -- Contents -- 1 Introduction -- Part I The Pandemic Economic Collapse -- 2 The Bottom Falls Out -- 3 Making Ends Meet before the Pandemic -- 4 The CARES Act -- Part II The Pandemic Settles In -- 5 Muddling Through -- 6 Pandemic Relief after the CARES Act -- 7 Left Behind, Again -- Part III The Pandemic’s Aftermath -- 8 Work from Home: The Past and Future of Work -- 9 The Long Term -- 10 Struggling Back to (a New?) Normal -- 11 The Pandemic Paradox -- Epilogue: October 2022 -- Acknowledgments -- Notes -- Index |
isbn |
9780691245348 9783111319070 9783111319292 9783111318912 9783111318134 9783110749748 |
callnumber-first |
R - Medicine |
callnumber-subject |
RA - Public Medicine |
callnumber-label |
RA644 |
callnumber-sort |
RA 3644 C67 F85 42023 |
geographic_facet |
United States. |
url |
https://doi.org/10.1515/9780691245348?locatt=mode:legacy https://www.degruyter.com/isbn/9780691245348 https://www.degruyter.com/document/cover/isbn/9780691245348/original |
illustrated |
Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
330 - Economics |
dewey-full |
330.973/0933 |
dewey-sort |
3330.973 3933 |
dewey-raw |
330.973/0933 |
dewey-search |
330.973/0933 |
doi_str_mv |
10.1515/9780691245348?locatt=mode:legacy |
work_keys_str_mv |
AT fulfordscott thepandemicparadoxhowthecovidcrisismadeamericansmorefinanciallysecure AT fulfordscott pandemicparadoxhowthecovidcrisismadeamericansmorefinanciallysecure |
status_str |
n |
ids_txt_mv |
(DE-B1597)644902 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2023 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2023 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2023 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2023 Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2023 |
is_hierarchy_title |
The Pandemic Paradox : How the COVID Crisis Made Americans More Financially Secure / |
container_title |
Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2023 English |
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