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Work by Brown, Jackson, Ryan cited in brief for UT Supreme Court case on race-conscious college admissions

Thompson says criminal justice policies led to creation of prison gangs like Aryan Brotherhood

Schmitz finds job loss before retirement age contributes to weight gain, especially in men

Highlights

Overview of Michigan's advanced research computing resources, Monday, June 27, 9-10:30 am, BSRB - Kahn Auditorium

U-M's Data Science Initiative offers expanded consulting services via CSCAR

Elizabeth Bruch promoted to Associate Professor

Susan Murphy elected to the National Academy of Sciences

Next Brown Bag

PSC Brown Bags
will resume fall 2016

Miles Kimball

Kimball says negative nominal interest rates plus electronic money can smooth economy

a PSC In The News reference, 2013

"Can we get rid of inflation and recessions forever?" - Washington Post. 11/18/2013.

This interview outlines a proposal by Miles Kimball to use electronic money to allow central banks to set nominal interest rates less than zero. This, he says would encourage citizens in the direction needed by an economy in the short term, and would help smooth it in the long term. When an economy needs people to save, interest rates rise. When an economy needs people to invest and borrow, interest rates should be able to go negative. Kimball asserts: "We've blocked the economy's ability to get itself in balance by not having negative interest rates."

Researcher:

Miles Kimball

More Media Coverage:

Kimball's blog. Confessions of a Supply-Side Liberal. 6/17/2013.

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