Why Our Dependence on Zoom is Concerning

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There's nothing new about our dependence on digital technologies, but it is rare for a single company to dominate the market the way Zoom has since the pandemic struck. In a new post, John Villasenor argues that Zoom has become critical infrastructure and discusses the myriad concerns this raises for schools, businesses, and other organizations.

And below, our experts examine the impact of school closures on future wages and GDP, the issues posed by college tuition discounts, and how the United States and China could work together on the distribution of a COVID-19 vaccine.

Additionally, join us Tuesday, September 1 at 1:00 PM EDT for a webinar on how the Federal Reserve will respond to the COVID-19 recession in an era of low rates and low inflation.

Lost wages and GDP due to school closures. While much about the current global pandemic remains unknown, history and research tell us that the COVID-19 crisis will have deep and lasting repercussions for both education and earnings. New research projects future lost wages from school closures and the impacts on GDP across low-, middle-, and high-income countries.

Tuition discounts amid COVID-19. With colleges relying heavily on remote education, some students and parents have been pushing for discounts on tuition. But tuition discounts may reduce the availability of financial aid for those who need it, Martin Skladany argues.

U.S.-China cooperation on vaccine distribution. At the height of the Cold War in the 1960s, the United States and China worked together to eradicate smallpox. James Haynes and Cheng Li say the current crisis presents another opportunity for the two nations to cooperate.

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