Streets and sidewalks are mostly empty near the New York Stock Exchange, March 16, 2020 (AP photo by Craig Ruttle).
Among the remarkable, unexpected developments during the coronavirus pandemic is one that may seem arcane to most people, but is nevertheless loaded with significance: the steep drop in the strength of the U.S. dollar. Fluctuations in currency markets respond to multiple factors, to be sure, but the effectiveness of government policy is unquestionably one of them. A close look at the behavior of currency markets over the past six months strongly suggests that the sinking fortunes of the once-reliable greenback represent a global vote of no-confidence in the actions of the current U.S. government. Early in the pandemic, financial markets [...]
Students attend their first day of class since the pandemic paralyzed Spain six months ago, in Pamplona, Spain, Sept. 7, 2020 (AP photo by Alvaro Barrientos).
Millions of children headed back to school this week, but the environment they’ve returned to is anything but familiar. Those in classrooms are facing radically different health and safety protocols, while many others are still confined to their homes, using remote tools to communicate with their teachers and classmates. This week on the Trend Lines podcast, WPR’s Elliot Waldman was joined by Rebecca Winthrop, senior fellow and co-director of the Center for Universal Education at the Brookings Institution, to discuss how COVID-19 is changing the face of education. Winthrop and her colleagues have found that the pandemic is exposing new [...]
Elementary school students walk to classes in Godley, Texas, Aug. 5, 2020 (AP photo by LM Otero).
Education has traditionally been viewed as humanity’s great equalizer, providing children from less privileged backgrounds with the tools they need to achieve greater degrees of financial security and success in their chosen fields. Unfortunately, education can serve to entrench socio-economic disparities just as much as it alleviates them. That has become all too clear in recent months, as the families and schools with the greatest resources, both financial and technological, look to be the ones best-prepared to weather the coronavirus pandemic. But according to Rebecca Winthrop, senior fellow and co-director of the Center for Universal Education at the Brookings Institution, [...]
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