Monday, May 4, 2020

New York City Is Going To Go Nazi?—New York Fed?

At least I think that's the takeaway here.
Via the FT's scrolling (almost bloglike) Coronavirus newsfeed:

Coronavirus latest: NY Fed study links Spanish flu to extremism 
Research found areas of Germany hit hardest by the 1918-1920 pandemic were more likely to vote for Nazi party.
Emma Boyde 3 hours ago
NY Fed study links Spanish flu to extremist voting in 1930s Germany
James Politi in Washington
A staff report by the Federal Reserve Bank of New York has found a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933, in research that will fuel concerns about the long-term social and political implications of the coronavirus outbreak. The NY Fed study, released on Monday, found that German cities hit hardest by the disease that spread at the end of the first world war ended up, more than a decade later, with lower public spending and a higher propensity to vote for Adolf Hitler’s Nazi party. “Influenza deaths themselves had a strong effect on the share of votes won by extremists, specifically the extremist national socialist party,” the NY Fed research, authored by Kristian Blickle, found....MORE 
Hmmm, I may have read more into the sub-head than was actually there.
Regardless, interesting catch by Ms Boyde, FT Asia World News Editor and Mr. Politi, FT World Trade Editor

Pandemics Change Cities:Municipal Spending and Voter Extremism in Germany,1918-1933 
Wait. WTH? not one mention Of Munich?  and only six of Bavaria?

It was actually Boyde's link to the AIG post that I was going for:
Coronavirus: AIG chief warns of industry’s largest catastrophe loss — as it happened