In an online conversation, Yale faculty members discussed the steps already taken to prevent the COVID-19 crisis from turning into economic catastrophe, and the need for more effective healthcare policies.
In an online event hosted by the Bank for International Settlement, Andrew Metrick, director of the Yale Program on Financial Stability, discussed the actions that governments have already taken to prevent the COVID-19 pandemic from sparking a full-blown financial crisis, and the challenges still to come.
The childcare provider Bright Horizons, founded by Linda Mason ’80, has pivoted to open centers for the children of first responders. Mason says that however devastating the impacts of the pandemic, there are reasons for hope and pride in this crucible moment.
Seán O’Dowd ’03 of Silvercrest Asset Management, who works with family firms, says that while conservatively managed businesses are well positioned to handle an ordinary crisis, even well-run small-and medium-sized firms need help from the government right now.