The COVID-19 pandemic has highlighted class inequalities. Commentators in the US, UK, and Australia are acknowledging that working-class people are more likely to suffer as a result of both the virus and the measures put in place to contain its spread.  read more »

As you can imagine, we are now ensconced in our homes in New York City. We are fine, even though the numbers surrounding us are alarming. The street bare empty and quiet. The food stores are full. We go out every day for a walk, sometimes to the Hudson, sometimes to the East River, with masks and gloves, keeping safe distance from the occasional other. Whole Foods now opens for a special hour from 7:00am to 8:00 for seniors and once a week we go there at 7:00am. We do a lot of cooking, sometimes elevating dinners to gourmet level. We Zoom a lot with friends and family and colleagues.  read more »

It is still too early to draw precise conclusions on the extent to which the spread of the COVID-19 is related to urban population density. But there are important recurring themes. The following observations are made with the caveats that we are largely dealing with data inconsistent across geographies in terms of reporting and testing and preliminary. Rigorous research will have to await final data, which could be months in the future.

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For the better part of this millennium, the nation’s urban planning punditry has predicted that the future lay with its densest, largest, and most cosmopolitan cities. Yet even before the onslaught of COVID-19, demographic and economic forces were pointing in the exact opposite direction, as our biggest cities—New York, Los Angeles, and Chicago—all lost population in 2018, according to the U.S. Census Bureau.   read more »

In the last few months, we have gradually realized the dire nature of this global pandemic, and our response has been? Nothing short of the creation of a new world: hopefully not on the ruins of the last. The novel coronavirus is showing us the downside of accelerated mobility, excessive attention to short-term gains, and structural inequities in the micro and macro geographies of our planetary existence.  read more »

Last night, I interviewed 12 CEO’s in Orange County, CA. It was a group discussion that focused on what aspects of business are most likely to change once the coronavirus epidemic passes. Without hesitation, the first topic cited by these executives was the coming upheaval in the office space real estate market. To a person, everyone said that this prolonged episode proved that most people can clearly work well from home. They can be supervised effectively, and they are productive.  read more »

As the COVID-19 pandemic continues to wreak havoc on many areas of the economy, the Heartland's oil and gas industry is poised to take one of the hardest hits. In particular, Texas, Oklahoma, North Dakota and Louisiana are likely to face severe impacts. At a national level, the most severe economic damage from COVID-19 will disproportionately hit a handful of sectors – travel, tourism, lodging, dining and recreation.  read more »

There is plenty that we do not know about the coronavirus. But let us take stock of the things that we do know for sure, and of some other things that we will soon know.

Real-world Exponentiality

By now, a child understands exponential growth. If you start with one apple on March 1st and double every three days, you will have a thousand apples on March 31st and a million on April 30th.  read more »