In the June 10, 2020 edition of his newsletter, Thomas Fraser describes how policymakers and business leaders have adjusted their strategies now that we are three months into the coronavirus pandemic. Fraser also discusses tentative first steps state and local leaders are taking to reopen their economies.
In the April 2, 2020 edition of his newsletter, Thomas Fraser describes the $2 trillion Coronavirus Aid, Relief and Economic Security Act. The new law is the largest economic stimulus and relief measure in United States history. The law provides significant relief to businesses, individuals, states and local governments and the health care system.
In the April 22, 2020 edition of his newsletter, Thomas Fraser describes early implementation of the $2 trillion Coronavirus Aid, Relief and Economic Security Act. Demand for Paycheck Protection Program loans has been so high the program ran out of money. He also describes $2.3 trillion in new Federal Reserve programs.
At the May 2, 2020, Berkshire Hathaway annual meeting, Warren Buffett talked about his decision to sell his entire stake in four major airlines. Buffett's change of mind illustrates the fundamental rethinking about the implications of the pandemic that is going on in business suites around the world.
The nonprofit sector can play a larger role in economic development than many people realize. In Edition #12 of his newsletter, Thomas Fraser describes the United States' experience in encouraging nonprofits and discusses how policymakers in other countries can promote the development of their own domestic nonprofit sectors.
Carol Loomis’ book “Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012” is a collection of Fortune magazine articles about Warren Buffett with commentary by Loomis. This book presents a fascinating look at Buffett’s career