By "fiscal theory of monetary policy" I mean a model with standard DSGE ingredients, including inertemporal optimization and market clearing, monetary policy described by interest rate targets, price or other frictions, but closed by fiscal theory, "active" fiscal policy rather than "active" monetary policy.
by James Goodbyvia Berkley Center for Religion, Peace & World Affairs
Friday, February 7, 2020
Pope Francis has spoken of the need to abandon the threat of use of nuclear weapons, as well as their possession. This change in Church thinking comes at a time when new dangers that did not exist in the Cold War heighten the risk posed by more nuclear weapons in more hands. These new dangers include international terrorism, well-organized nuclear black markets, and the rise of cyber warfare, which will make the management of any future nuclear crisis even more difficult.
As I write this, 3% of Iowa’s vote is still unaccounted for (I’m reminded of a past election in San Francisco, when missing ballot boxes turned up floating in the bay) and the chair of the Democratic National Committee wants a recanvass of caucus results.
Hoover Institution fellow Niall Ferguson talks about how the Millenials are about to disrupt politics in the West, the current crisis of the Atlantic community, and the challenges of the rise of China.
Murder took place as the airplane was lifting off the runway, a lethal shot taken in the Humphrey Bogart movie, “Casablanca.” Rick Blaine pulled the trigger in front of the French police prefect Captain Renault. The Vichy official witnessed it. He allowed it. And then Renault uttered those infamous words that said everything, but meant nothing: “Round up the usual suspects.”
Amira Tripp Folsom believes in change. The 18-year-old activist from Portland, Oregon, is passionate about discussing issues that affect teens across the country — like climate change, systemic racism, and school policing — and what she thinks should be done about them. "We should have a say in the things that happen to us," Tripp Folsom tells Elite Daily. That's why she's pushing so hard to lower the voting age to 16.
PAAIA's first Iranian American Civic Engagement Forum of 2020 is being held on February 22nd at Stanford University, in collaboration with the Hamid & Christina Moghadam Program in Iranian Studies at Stanford University and PARS Equality Center.