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In the News

Banks Can’t Cut Rates Till Govt Drops EPF, Etc, Interest

quoting Raghuram Rajanvia Financial Express
Thursday, June 6, 2019

The sharp deceleration in growth over the past year, culminating in a jaw-dropping 5.8% year-on-year (y-o-y) in the March quarter, is enough evidence the economy is stalling. Although there is a clamour for a policy rate cut, high interest rates are not the main cause for poor growth though there is doubt that a smaller interest bill does make a big difference to small businesses.

Analysis and Commentary

Spring 2019 Issue Of Harvard National Security Journal

by Jack Goldsmithvia Lawfare
Thursday, June 6, 2019
Elad Gil argues that judges too frequently rely on the executive’s special competence in foreign affairs to apply a de facto presumption of near-total deference, which he terms “totemic functionalism.” He traces the conceptual underpinnings of totemic functionalism and, using three case studies, shows how it undermines the American system of checks and balances, first between the organs of government and then, indirectly, inside the executive branch.
In the News

The Cybersecurity 202: Stanford Group Calls For Major Overhaul On Election Security. Here Are Their Recommendations

quoting Michael McFaul, Alex Stamosvia The Washington Post
Thursday, June 6, 2019

A plan released this week by a Stanford University group that includes former top government and tech industry officials aims to be the equivalent of the 9/11 Commission report for election security.

In the News

Hometown Hero

quoting Victor Davis Hansonvia Northwest Arkansas Democrat Gazette
Thursday, June 6, 2019

Leroy Pond Drive on the campus of the University of Arkansas is named after a hero from World War II who first saw combat on his 27th birthday on June 6, 1944.

In the News

Taylor’s Rule: Too High, Too Low – Where Should Interest Rates Go?

featuring John B. Taylorvia Biz News
Thursday, June 6, 2019

Taylor’s Rule is an interest rate forecasting model invented by John Taylor in the early 90s. And according to Investopedia “it’s a proposed guideline for how central banks should alter interest rates in response to changes in economic conditions.” In South Africa, the Reserve Bank’s mandate is very topical at present, which in turn sets up a discussion around interest rates. SARB’s current mandate is tailored around a targeted inflation band of 3-6%, with the repo rate currently at 6.75%. 

In the News

Ahead Of The 2020 Election, Stanford Experts Urge A Concerted, National Response To Confront Foreign Interference

quoting Michael McFaul, Andrew Grotto, Alex Stamos, Larry Diamond, Herbert Lin, Toomas Hendrik Ilvesvia Stanford News
Wednesday, June 5, 2019

Scholars from Stanford University put forward a comprehensive strategy for what needs to be done to protect the integrity and independence of U.S. elections, with a keen focus on the upcoming presidential campaign in 2020.

Amy Zegart on American attitudes toward torture
In the News

Obama And Russian Collusion

quoting Michael McFaulvia The Washington Times
Wednesday, June 5, 2019

Former U.S. Ambassador to Russia Michael McFaul provided new clues recently about a controversial open-mic comment in 2012 by President Obama, widely viewed as secret collusion to limit U.S. missile defenses.


Greece Finds New Footing As A Player On The World Stage

by Victor Davis Hansonvia American Greatness
Wednesday, June 5, 2019

After Greece temporarily hosted a pair of U.S. military drones, Greek Defense Minister Panagiotis Kammenos said last fall that, “It’s very important for Greece that the United States deploy military assets in Greece on a more permanent base.”

In the News

Russia's Ability To Manipulate Twitter? It's Far Worse Than We Previously Thought

quoting Michael McFaulvia Salon
Wednesday, June 5, 2019

A new report reveals that Russia's ability to manipulate Twitter before and during the 2016 presidential election is far worse than previously thought.

In the News

American Foreign Policy Adrift

quoting George P. Shultzvia Foreign Affairs
Wednesday, June 5, 2019

In a May 11 speech at the Claremont Institute in Beverly Hills, entitled “A Foreign Policy from the Founding,” U.S. Secretary of State Mike Pompeo quoted John Quincy Adams to explain how Donald Trump’s foreign policy is grounded in a “realism” that eluded his predecessors, particularly George W. Bush and Barack Obama. Adams, then Secretary of State, wrote in 1821 that America “goes not abroad in search of monsters to destroy. She is the well-wisher to the freedom and independence of all.”


Research Teams