The Economist - USA (2021-02-06)

The EconomistFebruary 6th 2021 3

1 Contents continues overleaf

Contents

The world this week

7 A summary of political

andbusinessnews

Leaders

9 Global finance

The real revolution

10 Fiscal stimulus in

America

How much is too much?

10 Despots v democrats

Myanmar’s coup

11 BrexitandtheCity

Thepriceiswrong

12 Development

Africa’slongcovid

Letters

14 OnEthiopia,vaccine

passports,spacedebris,

Wikipedia

Briefing

15 Myanmar’scoup

Reversiontotype

United States

19 California, Texas and

covid-

20 Vanishing pupils

21 Chicago’s unions

22 Covid-19 relief, episode 6

23 Abortion arguments

24 LexingtonThe courage of

AdamKinzinger

The Americas

25 Judging the FARC

26 A busy election year

27 BelloA new social

contract

Asia

29 Defending South Korea

30 Insular young Japanese

31 Business cards v covid-

31 Censorship in India

32 Banyan Vietnam’s

surprisingleader

China

33 Online Maoists

34 Toughening up the young

35 ChaguanMigrants’ woes

as a big holiday looms

Middle East & Africa

36 Covid-19 in Africa

39 Bibi’s difficult friends

39 A car shortage in Algeria

40 No end to honour killings

BartlebyExecutives,

not investors, may be to

blame for short-termism,

page 54

On the cover

High tech meets high finance,
a promising, but volatile,
combination: leader,page 9.
A new epoch for retail investors,
page 56. The rise of high-speed
marketmakers and payment for
order flow, page 59. Why the
WallStreetBets crowd are able
to profit from predatory
trading: Buttonwood, page 61.
Redditors and call options:
graphicdetail,page 73

• Biden’s stimulus: what size is
  right?Targeted relief would be
  better than indiscriminate
  spending: leader,page 10.
  Republicans test the precise
  meaning of Joe Biden’s unity
  agenda, page 22


• Amazon enters the Jassy era
  The online giant’s larger-than-life
  founder is a tough act to follow.
  Does Andy Jassy have the chops?
  Page 50

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• Beyond Myanmar’s coup
  Attempts to dress up
  authoritarian regimes as
  democracies are unlikely to
  succeed: leader,page 10.
  A general’s thirst for power has
  shut down democratic rule:
  briefing, page 15