Jeffrey Miron and Erin Partin
Times of uncertainty and fear often provide the opportunities for authoritarian governments to consolidate their powers. From the New York Times:
“As the coronavirus pandemic brings the world to a juddering halt and anxious citizens demand action...
Children's Place Inc. said late Tuesday it will furlough field managers and store employees starting April 5 "until they can safely return to their positions" and will suspend dividend and share buybacks, among other measures to shore up its balance sheet amid the coronavirus pandemic.
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