The idea that climate change poses a threat to the financial system is absurd, not least because everyone already knows that global warming is happening and that fossil fuels are being phased out. The new push for climate-related financial regulation is not really about risk; it is about a political agenda.
In this episode of Battlegrounds, H.R. McMaster and former Prime Minister Shinzō Abe reflect on his service as prime minister, shared security challenges, and the vision of a free and open Indo-Pacific.
The Cuban people continue to cry for freedom. The Cuban regime continues to press, harass and arrest protesters, while organizing counter demonstrations. Both are waiting to see what Washington does next.
I wrote a piece for Project Syndicate, here, on climate financial risk. (This resulted from a presentation on a panel at the NBER summer institute risks of financial institutions meeting, program here. There should be a video version on YouTube but I can't find it. The panel discussion was excellent. You will recognize ideas from my earlier climate finance testimony. I recycle and refine.)
The Business Cycle Dating Committee of the National Bureau of Economic Research has a very important job. It is responsible for determining the peaks and troughs of business cycles in the United States. It thus decides how long recessions are and also how long expansions are. The Chair of the Committee is Professor Robert Hall of Stanford University.
As promised, the Democrats are preparing a budget that will cost $4.1 trillion over the next decade, including $3.5 trillion in new spending ––“the largest spending increase in American history,” the Wall Street Journal reports.
To ease social animosities and heal political wounds, leaders and citizens in America and Israel must rededicate themselves to the principles of liberal democracy. (Note: to read the article, you must register an account on Mosaic)
Ayaan Hirsi Ali, a Somali-born Dutch American activist, writer, and columnist, best known for her assertion that Islam is elementally incompatible with the democratic values cherished in the West, has penned an article in The Unherd, arguing how the Islamic radicals and those who romanticised the idea of a puritanical version of Islam are radically recalibrating their strategy after the fall of ISIS.
Ask somebody who has devoted his entire life’s work to repairing shoes and you will find that his answers to the deepest philosophical questions about life and society are somehow reducible to some aspect of shoe repair. How could it be otherwise?
Amid fierce public debates about the size of the Biden administration’s coronavirus protection and stimulus package, one concern that has surfaced is the threat of heavy public spending sparking higher inflation. Although officials at the Federal Reserve have acknowledged that inflation is possible in the short term, many have argued that inflation is unlikely to stay high for long.
The University of California, Irvine School of Law (UCI Law) is delighted to announce the launch of the new Fair Elections and Free Speech Center. The Center is dedicated to advancing an understanding of, and offering means to counter, threats to the stability and legitimacy of democratic governments exacerbated by the unregulated growth of digital media and other technological changes in mass communication.
