The Fed and The Flu: Parsing Pandemic Economic Shocks, authored by David Kotok alongside co-authors Michael R. Englund, Tristan J. Erwin, and Elizabeth J. Sweet, offers an in-depth analysis of the economic upheavals caused by pandemics and the Federal Reserve’s evolving response to such crises. Tracing the economic consequences of pandemics from ancient times to COVID-19, this meticulously researched work unveils critical lessons for policymakers, economists, and history enthusiasts alike.
In a world still grappling with the economic aftershocks of COVID-19, The Fed and The Flu provides a compelling case for how pandemics shape labor markets, financial systems, and governance. Drawing from extensive historical data, the authors illustrate how human behavior and policy decisions have long determined the financial toll of global health crises. The book details the Federal Reserve’s response to the COVID-19 pandemic, highlighting emergency lending programs, monetary policy interventions, and long-term economic implications. With illuminating charts, case studies, and expert insights, the authors provide a critical framework for understanding past pandemics while preparing for future ones.
Loretta Mester, former President of the Federal Reserve Bank of Cleveland, calls the book “an important compendium of the history of pandemics, their effects on societies and economies, the policy actions taken to address both the health and economic effects, and recommendations drawn from these historical experiences.” Likewise, Dennis Lockhart, former President and CEO of the Federal Reserve Bank of Atlanta, hails the book as “both timely and most helpful in anticipating the inevitable next one prophesied by many experts.”
A must-read for financial professionals, historians, and policy analysts, The Fed and The Flu delivers a sweeping examination of how pandemics shape economies and how we can prepare for the next inevitable crisis.
Don’t miss out on this essential exploration of pandemics and their economic impact! Get your copy of The Fed and The Flu: Parsing Pandemic Economic Shocks today on Amazon or Barnes & Noble and uncover the lessons history has to offer for the future of finance and policy.
The Fed and The Flu: Parsing Pandemic Economic Shocks has been recognized for its exceptional depth and scholarly analysis, earning The Literary Titan Gold Book Award and a Five-Star rating from Readers’ Favorite. The Fed and The Flu has been celebrated by critics and readers alike as an essential resource for understanding how health crises reshape economies and financial systems.
About the Author: David Kotok
David Kotok is the co-founder of Cumberland Advisors, where he served as Chief Investment Officer and continues to act as a Strategic Advisor. His economic commentaries have been widely recognized, with citations in The New York Times, The Wall Street Journal, and Barron’s, as well as appearances on Bloomberg TV, Bloomberg Radio, and Yahoo Finance TV. He holds degrees in economics, organizational dynamics, and philosophy from the University of Pennsylvania. A prolific writer, Kotok has co-authored From Bear to Bull with ETFs and Adventures in Muniland, with The Fed and The Flu marking his latest scholarly contribution. He is also a member of NBEIC, NABE, and the Global Interdependence Center (GIC), where he has played a leading role in economic retreats known as “Camp Kotok.”
Discover more about The Fed and The Flu and its authors! Visit TheFedAndTheFlu.com to learn about the book, explore author insights, stay updated on news and reviews, and find details on upcoming appearances.
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