Skanda Amarnath is the Director of Research and Analysis at Employ America, Yakov Feygin is the Associate Director of the Future of Capitalism program at the Berggruen Institute, and Elizabeth Pancotti is a research assistant at the National Bureau of Economic Research and at Tufts University. Together, they have put together proposals on how to better address the challenges of the COVID-19 crisis at the state and local level. They join Macro Musings today to discuss these proposals, a municipal bond market and expanded unemployment insurance, as well as what it all means for making the US economy more of an optimal currency area. Transcript for the episode can be found here. Skanda's Twitter: @IrvingSwisher Skanda's Medium profile: https://medium.com/@skanda_97974 Yakov's Twitter: @BuddyYakov Yakov's Berggruen Institute profile: https://www.berggruen.org/people/yakov-feygin/ Elizabeth's Twitter: @ENPancotti Elizabeth's website: https://sites.google.com/view/elizabethpancotti/home Related Links: *The Fed Can and Should Support State Government Efforts to Respond to COVID-19 Right Now* by Skanda Amarnath and Yakov Feygin https://medium.com/@skanda_97974/the-fed-can-and-should-support-state-government-efforts-to-respond-to-covid-19-right-now-5e5ecf7b7ed8 *Unemployment Benefit Expansions: A Guide for Policy Responses in the Wake of COVID-19* by Elizabether Pancotti https://medium.com/@employamerica/unemployment-benefit-expansions-a-guide-for-policy-responses-in-the-wake-of-covid-19-ec3da6e8701 David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth

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“What did the council decide on item 42?” — answered with the speaker and the moment.