Some of the most fiery rhetoric came from Columbia University Earth Institute director Jeffrey Sachs, who spoke to the group in Greece before departing for the Vatican to participate in the papal climate conference. In an impassioned speech, Sachs charted the historic development of the global capitalist economy, arguing that its foundation upon the idea of “limited liability” has meant that corporations will not take responsibility for the economic damage they have caused.
The Senate Banking Committee on Tuesday approved President Donald Trump’s nomination of Columbia University Professor Richard Clarida to be the vice chairman of the Federal Reserve. The panel also approved the nomination of Kansas bank commissioner Michelle Bowman to fill another vacancy on the Fed’s seven-member board.
Among the Vatican’s “reception committee” for the oil bosses will be Jeffrey Sachs, an American development economist and anti-poverty campaigner. Also a professor at Columbia University and director of its Earth Institute, he has worked closely with the Vatican and other Christian confessions to help them formulate policies on climate change and development.
Maybe Donald Trump really is the Manchurian Candidate, a stooge of some foreign potentate. Much more likely, Trump is just mentally unstable and narcissistic. Whichever it is, Trump is rapidly destroying American global leadership, alliances, and interests. Wednesday’s announcement of new tariffs on steel and aluminum exports from Canada, Mexico, and the European Union is the latest bizarre and self-destructive move. … Jeffrey Sachs is a professor and director of the Center for Sustainable Development at Columbia University.
The Department of Economics announced that David E. Weinstein had been appointed Executive Director of the Program for Economic Research (PER), succeeding Yeon-Koo Che, who served in the role for the past three years.