Almost a decade after the global financial crisis, most regulators and commentators would agree that the banking industry is far more strongly capitalized than it was in the run-up to the crisis. Looking forward, there is less consensus as to how much capital banks should hold. Neel Kashkari, head of the Minneapolis Federal Reserve, attracted attention recently by calling for huge increases in minimum capital requirements for banks.
He is stupid and lazy. He has the attention span of a child. He caters to racism and he does not respect women. His patriotism is juvenile and belligerent. He claims to have the common touch, but he truly cares only for the rich. Is this the standard bill of indictment against Donald J. Trump, circa 2016—or against Ronald Reagan, circa 1980? Of course, these charges were made by liberal opponents of each.
The 2017 Allied Social Sciences Association meeting kicks off the new year, taking place January 6-8 in Chicago, IL. The American Economic Association, in conjunction with 56 associations, will hold the three-day meeting to present and discuss general economics topics in wide array of disciplines. ASSA has plenty going on throughout the weekend. These are some particular events we’re looking forward to.
As Heather Dichter pointed out in her 2014 H-Diplo essay, a conundrum of sport diplomacy, perhaps its signal paradox, is the extent to which nations have used sport as a proving ground on the world stage. But these “mega-events” that nations require to prove their superiority also necessitate international cooperation.
2016 was a rough year for globalization. And 2017 may get even rougher. By globalization, I mean the growing interconnectedness between economies through cross-border flows of goods and services, money, and people. The world has undergone two “eras of globalization” during the past century and a half. The first occurred during the 40 years or so before World War I.
Over the course of the last year, we have witnessed expressions of anger, fear, pitilessness and even hatred both predictably and unexpectedly. The British vote to leave the EU and US voters’ preference for a Trump presidency were prompted in part by feelings of anger towards leaders or ‘the system’ and fear about immigration and identity. The world has watched the war in Syria as thousands die and millions are misplaced with both horror and helplessness.
The advent of new technology and endless sources of instant transcontinental news and information has allowed our race, the human race, to be intricately connected, now more than ever. We asked OUP staff to describe their New Year’s traditions, celebrating their culture, background, and ancestry.
“Be it ever so humble, there’s no place like home.” “Home is where the heart is.” These well-known expressions indicate that home is somewhere that is both desirable and that exists in the mind’s eye as much as in a particular physical location. Across cultures and over the centuries people of varied means have made homes for themselves and those they care about.
Although populism is making headlines across the globe, there is a lot of confusion about what this concept really means and how we can study this phenomenon. Part of the problem lies in the usage of the term as a battle cry. Both academics and pundits often employ the term populism to denote all the political actors and behaviors they dislike.
The alarming statistics about the fast rates of population aging in the last 30 years and the possible negative economic and societal consequences of this process, have prompted many employers to consider their aging workforce more seriously. Yet, workers aged 55 years and over are not always utilized or valued as much as they could be in the workplace.
Congratulations on a hard-fought campaign, Mr. President-Elect. As a reward, you now get the onerous task of governing the United States, and establishing its foreign-policy priorities! The campaign was crazy, with speculation about your personal and business links to Russia and your coziness toward Russian President Vladimir Putin giving way to evidence of a coordinated Kremlin attack on American sovereignty.
“Race is real, race matters, and race is the foundation of identity.” I imagine that perhaps with a tweak or two, most people would be OK with this declaration. Many people are aware that the concept of race has no biological validity; that it’s a social construct, like gender or money, real only in that we treat them as real.
When we walk into a restaurant, we are often confronted by the sight of people taking pictures of their food with their smartphones. Online, our Facebook feeds seem dominated by pictures of people’s hamburgers and desserts. What is going on with food porn? How is consumer desire itself transformed by contemporary technology?
A tense, volatile electoral season. Accusations of “voter fraud,” and real instances of thuggery on the campaign trail. Documented instances of real voter suppression due to newly instituted state policies attempting to restrict voting disproportionately by race. Real or implicit threats of violence against minority voters. Surging anti-immigrant and exclusionist sentiment, particularly against relative newcomers who practiced seemingly strange religions. Some might describe the recent electoral campaign that way, but I have in mind the election campaign of 1876.
“The development of behavioral economics is simply in the nature of scientific progress in economics.” Behavioral economics is a fast growing field within economics. We caught up with Sanjit Dhami to discover how he came to specialise in behavioral economics, how it has developed, and what he thinks is in store for the field in the future.
As the population of Britain and Ireland grows, some surnames are becoming even more common and widespread, alongside a steady continuation of uncommon surnames; but how many of us know anything about our family names’ origins – where it comes from, what it means today, and exactly how long it has actually been around for? Names derive from the diverse language and cultural movement of people who have settled in Britain and Ireland over history