摘要:Many predictions of the economic and social costs of a modern-day pandemic are based on the
effects of the influenza pandemic of 1918. Despite killing 675,000 people in the United States and
40 million worldwide, the influenza of 1918 has been nearly forgotten. The purpose of this paper
is to provide an overview of the influenza pandemic of 1918 in the United States, its economic
effects, and its implications for a modern-day pandemic. The paper provides a brief historical
background as well as detailed influenza mortality statistics for cities and states, including those
in the Eighth Federal Reserve District, that account for differences in race, income, and place of
residence. Information is obtained from two sources: (i) newspaper articles published during the
pandemic and (ii) a survey of economic research on the subject. (JEL I1, N0, R0)