Journal
October 2023
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Crazy
Good Morning Ladies and Gentlemen “If term premiums rise, they could do some of the work of cooling the economy for us, leaving less need for additional monetary policy tightening.” Lorie K. Logan, president and chief executive officer of the Federal Reserve Bank of Dallas What is happening? Although it seems that the […]
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Nonideal Theory
Good Morning Ladies and Gentlemen “‘The distinction between ideal theory and nonideal theory was first introduced by John Rawls in his classic “A Theory of Justice”. Given certain facts about human nature and possible social institutions, Rawls’s ideal theory is an account of the society we should aim for and involves two central assumptions. First, […]