I review the literature on financial speculation driven by belief disagreements from a macro- economics perspective. To highlight unifying themes, I develop a stylized macroeconomic model that embeds ...
Macroeconomic analyses of capital controls face a number of imposing challenges and have yielded mixed results to date. This paper takes a different approach and surveys an emerging literature that ...
The Dark Forest theory is one proposed solution to the famed Fermi Paradox, which has bewitched astronomers for more than half a century. To put it concisely, the paradox asks if the cosmos is nearly ...
As we celebrate our 125th year, we do so with a renewed sense of purpose. Guided by our strategic vision and driven by our shared values, we are confident that we will rise to meet this moment and ...
James W. Dearing ([email protected]) is a professor in the Department of Communication at Michigan State University, in East Lansing. Jeffrey G. Cox is a research associate in the Department of ...