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Scarred consumption | VOX, CEPR Policy Portal

Laurence Ball The crisis has left deep scars, which will affect both supply and demand for many years to come. Blanchard (2012) The Covid-19 pandemic in the US has led to volumes of initial claims for unemployment and unemployment rates not seen since the Great Depression period, pushing the economy into a recession. As policymakers map out potential recovery paths, much of the debate tends to focus on short-run and medium-run implications. Can we hope for a ‘V-shaped’ rebound, at least once vaccines have been widely distributed, or will it take a long time between economic decline and subsequent recovery akin to a ‘U-shaped’ rebound or worse (Baldwin and di Mauro 2020, An and Loungani 2020)? What has received less attention are the potential long-run implications. History tells us that economic crises like the current one can alter consumer behaviour in the long-run – beyond the effects captured by standard economic variables such as current employment and employment p

Podcast: How does conspiracism impact American Politics?

Podcast: How does conspiracism impact American Politics? In this week’s episode of Politics In Question, Nancy Rosenblum joins Julia, Lee, and James to discuss conspiracism and the Republican Party. Rosenblum [2] is the Harvard University Senator Joseph Clark Professor of Ethics in Politics and Government emerita. She is the co-author of numerous books and articles, including, Endnotes “Rosenblum”: https://scholar.harvard.edu/nrosenblum/home “ A Lot of People Are Saying: The New Conspiracism and the Assault on Democracy”: https://press.princeton.edu/books/hardcover/9780691188836/a-lot-of-people-are-saying

Containment, George Kennan and today s world

Containment, George Kennan and today s world Posted : 2021-03-15 16:51 By Arthur I. Cyr We must formulate and put forward for other nations a much more positive and constructive picture … than we have put forward in the past. This is from the famous Long Telegram sent from Moscow to Washington by diplomat George F. Kennan in early 1946. This year marks the 75th anniversary of that event. Kennan s advocacy of a containment policy toward the Soviet Union had profound impact on the Truman and successor administrations. The alliance against Nazi Germany, vital to victory in World War II, collapsed soon thereafter. Soviet leaders efforts to force Britain, France and the United States out of Berlin sparked four decades of Cold War. The Korean War made the conflict global.

What We Are Reading Today: Super Courses

Author: Ken Bain Decades of research have produced profound insights into how student learning and motivation can be unleashed and it’s not through technology or even the best of lectures. In Super Courses, education expert and bestselling author Ken Bain tells the fascinating story of enterprising college, graduate school, and high school teachers who are using evidence-based approaches to spark deeper levels of learning, critical thinking, and creativity whether teaching online, in class, or in the field, says a review on the Princeton University Press website. Visiting schools across the United States as well as in China and Singapore, Bain, working with his longtime collaborator, Marsha Marshall Bain, uncovers super courses throughout the humanities and sciences.

What We Are Reading Today: In the Shadow of Justice by Katrina Forrester

In the Shadow of Justice tells the story of how liberal political philosophy was transformed in the second half of the 29th century under the influence of John Rawls.  In this first-ever history of contemporary liberal theory, Katrina Forrester shows how liberal egalitarianism a set of ideas about justice, equality, obligation, and the state became dominant, and traces its emergence from the political and ideological context of the postwar US and Britain.  In the aftermath of the civil rights movement and the Vietnam War, political philosophers extended, developed, and reshaped liberalism as they responded to challenges and alternatives on the left and right from the New International Economic Order to the rise of the New Right. 

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