The Dollar Crisis, Oil Prices, and Foreign Exchange Risks: The Case for a Basket of Currencies as Numeraire

1980 ◽  
Vol 11 (3) ◽  
pp. 305-311
Author(s):  
Hazem El-Beblawi

Since the quadrupling of oil prices in 1973–74, OPEC and oil prices have made front-page news and captured the public imagination. It is no secret that oil prices are administered prices, where an economic agent is a price maker; other participants in the market have to adjust their behavior to this price. It is not a new phenomenon. From its early history, the oil industry in the United States — by far the world's first oil province — was dominated by the Standard Oil Trust. On the international scene, the role of the Seven Sisters hardly needs mention. They continued to control oil export prices until the 1960s.

2020 ◽  
Author(s):  
Alice O'Connor

This paper discusses the role of social scientific expertise in the emergence of poverty as a problem and a priority for public intervention in the United States during the 1960s. That the social scientific experts defined “the poverty problem” narrowly, as a problem of individuals lacking income or otherwise caught in a “cycle of poverty,” can be understood in terms of a series of historical transformations that played out in overlapping processes of disembedding: of social science from social reform; of economic from social and political knowledge; and of poverty from the study of structured patterns and experiences of stratification and inequality. The structurally disembedded, individualized concept of poverty that emerged from these transformations presented Great Society liberal reformers with a legible problem that they could fix without recourse to major reforms. It would eventually be recast by neoliberal reformers to justify a more ideological form of disembedding that shifted the boundaries of responsibility for dealing with poverty from the social and the public to the individual and personal.


Author(s):  
Joseph M. Siracusa

‘Star Wars and beyond’ focuses on the various anti-missile shields proposed after the Cuban Missile Crisis. By the 1960s, both the United States and the Soviet Union, looking for alternatives to the doctrine of mutual assured destruction, found themselves caught up in an offensive and defensive arms race. Would an anti-missile shield respond effectively to the complex demands on it? Was the American arsenal enough of a deterrent to discourage rivals from striking first? Would the ‘shield’ approach reignite the arms race? Reagan’s Strategic Defence Initiative (christened ‘Star Wars’ by critics) did not at first capture the public imagination, but its legacy continued in later administrations and is still felt today.


Author(s):  
Kathleen Jeffs

This chapter asks the questions: ‘what is the Spanish Golden Age and why should we stage its plays now?’ The Royal Shakespeare Company (RSC) Spanish season of 2004–5 came at a particularly ripe time for Golden Age plays to enter the public consciousness. This chapter introduces the Golden Age period and authors whose works were chosen for the season, and the performance traditions from the corrales of Spain to festivals in the United States. The chapter then treats the decision taken by the RSC to initiate a Golden Age season, delves into the play-selection process, and discusses the role of the literal translator in this first step towards a season. Then the chapter looks at ‘the ones that got away’, the plays that almost made the cut for production, and other worthy scripts from this period that deserve consideration for future productions.


2019 ◽  
Vol 28 (7) ◽  
pp. 797-811 ◽  
Author(s):  
Brianne Suldovsky ◽  
Asheley Landrum ◽  
Natalie Jomini Stroud

In an era where expertise is increasingly critiqued, this study draws from the research on expertise and scientist stereotyping to explore who the public considers to be a scientist in the context of media coverage about climate change and genetically modified organisms. Using survey data from the United States, we find that political ideology and science knowledge affect who the US public believes is a scientist in these domains. Our results suggest important differences in the role of science media attention and science media selection in the publics “scientist” labeling. In addition, we replicate previous work and find that compared to other people who work in science, those with PhDs in Biology and Chemistry are most commonly seen as scientists.


2018 ◽  
Vol 21 (3) ◽  
pp. 74-102
Author(s):  
Nicole Karapanagiotis

This article is a theoretical and ethnographic investigation of the role of marketing and branding within the contemporary ISKCON movement in the United States. In it, I examine the digital marketing enterprises of two prominent ISKCON temples: ISKCON of New Jersey and ISKCON of D.C. I argue that by attending to the vastly different ways in which these temples present and portray ISKCON online—including the markedly different media imagery by which they aim to draw the attention of the public—we can learn about an ideological divide concerning marketing within American ISKCON. This divide, I argue, highlights different ideas regarding how potential newcomers become attracted to ISKCON. It also illuminates an unexplored facet of the heterogeneity of American ISKCON, principally in terms of the movement’s public face.


Novum Jus ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 69-89
Author(s):  
Julián Rodríguez ◽  
Andrew M. Clark

This research uses in-depth interviews with three data journalists from the Houston Chronicle and the New York Times in the United States to describe the role of data journalists, and to illustrate how and why they use big data in their stories. Data journalists possess a unique set of skills including being able to find data, gather data, and use that data to tell a compelling story in a written and visually coherent way. Results show that as newspapers move to a digital format the role of a data journalist is becoming more essential as is the importance of laws such as the Freedom of Information Act to enable journalists to request and use data to continue to inform the public and hold those in power accountable. 


2018 ◽  
Vol 44 (2-3) ◽  
pp. 309-327 ◽  
Author(s):  
Jordan Paradise

Perpetual debate regarding the delicate balance between access and innovation and the protection of the public health and safety dominate discussions of the United States Food and Drug Administration (“FDA”). Established chiefly as a command and control federal administrative agency, iterative changes in legislation have shaped the FDA's activity in drug, biologic, and medical device regulation over the course of the last one hundred plus years. The most recent fundamental reframing of the agency's authority and directive presented itself in the 21st Century Cures Act, reflecting an important role for patient perspectives in the regulatory process. This Article explores recent developments in patient-focused product development efforts at the FDA and offers modest insights on the increasing role of patients, and patient advocacy groups, in agency decision-making. The Article terms this era “21st century citizen pharma.”


2021 ◽  
Vol 16 (1) ◽  
pp. 82-104
Author(s):  
Derek Moscato

Summary This study examines the confluence of sport and soft power within public diplomacy. It analyses professional baseball player Ichiro Suzuki’s role in the United States as a sporting ambassador from Japan — potentially catalysing goodwill, cultural interest, perceptions of national personality traits and even views of policy issues such as international trade and country relations. In doing so, this research draws from non-state public diplomacy, which considers the transnational impacts of non-traditional communication vehicles such as cultural and sporting exchanges. It measures US public sentiment towards Japan through quantitative analysis of survey responses collected by Pew Research Center in conjunction with the Sasakawa Peace Foundation. The success of Japan’s cultural and sporting exports highlights their potential and realised role in binding national ties. Furthermore, Tokyo’s hosting of the Summer Olympiad emphasises the role of sport not only as a vehicle for competition and entertainment but also its utility in global engagement.


Author(s):  
Pierre Rosanvallon

This chapter turns to the increasingly active role of constitutional courts. These courts have established themselves—not without reservations and challenges—as an essential vector of the push for greater reflexivity. For a long time the United States, India, and the German Federal Republic stood out as exceptions because of their traditional emphasis on judicial review. Now, however, constitutional courts of one sort or another are at the heart of democratic government everywhere. Indeed, some scholars go so far as to discern a veritable “resurrection” of constitutional thought. It is noteworthy that these new constitutional courts on the whole receive strong support from the public, as numerous comparative surveys have shown, and they count among the most legitimate of democratic institutions.


Author(s):  
Catherine E. Rymph

This chapter examines the role of foster parents as workers, an idea rooted in the nineteenth century role of the “boarding mother.” Child Welfare professionals, foster parents, and the public struggled over the proper balance between paying adequate board to foster parents while ensuring that desire to nurture a child remained the paramount motivation. By the 1960s, foster parents began organizing themselves, culminating in the formation of the National Foster Parents Association in 1971.


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