Value Added Recommended Reading
Rising sickness, taxes, Russia's economy and inter-war macro-policy
That big rise in sickness
The extent to which the pandemic shock of 2020-22 will leave lasting structural damage on the economy (scarring, in the jargon) is still up for debate. But, in Britain at least, the most obvious mechanism through which this could happen is to be found in the labour market. Despite the collapse in unemployment over the course of …