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"We all recognize that climate change is a supremely important issue of our time, which requires both trans-national and trans-generational collaboration and shared responsibility. What we haven't yet fully appreciated, argues political philosopher Henry Shue, are the ethical considerations surrounding the fact that the next one or two decades will determine whether climate change, which already has led us to dangerous effects, will surge into inescapably disastrous effects. The people alive today thus represent a pivotal generation in human history. For the past two centuries humans have undermined our climate at an increasing rate, in ways that the present generations are the first to fully understand, and the last to be able to reverse. But our responsibility for decisive and immediate action rests on three special features of the relation of our present to the future, that many have failed to realize (1) future generations face dangers greater than ours even if we act robustly, (2) the worsening dangers for future generations are currently without limit, and (3) a less robust effort by us is likely to allow climate change to pass critical tipping points for severely worse and potentially unavoidable future dangers. Shue, a renowned scholar of ethics, politics and international relations who has been studying the ethics of climate change for the last two decades, guides us through what our ethical responsibilities to others are, both across the world but especially over time, and what those commitments require us to do in addressing the climate change crisis, now and forcefully"--
Climate change mitigation --- Environmental policy - United States --- Environmental ethics --- Climatic changes - Forecasting --- Climate change mitigation. --- Climate mitigation --- Climatic changes --- Climatic mitigation --- Mitigation of climate change --- Environmental protection --- Mitigation --- Acid rain. --- Alternative energy. --- American Recovery and Reinvestment Act of 2009. --- Analogy. --- Arctic National Wildlife Refuge. --- BNP Paribas. --- Bank. --- Behalf. --- Biofuel. --- Bribery. --- Business plan. --- Carbon Energy. --- Carbon capture and storage. --- Chesapeake Energy. --- China Construction Bank. --- Climate change. --- Climate risk. --- Climate. --- Combustion. --- Competitiveness. --- Contempt. --- Core business. --- Criticism. --- Customer. --- Deep sea. --- Deforestation. --- Dodd–Frank Wall Street Reform and Consumer Protection Act. --- Economic cost. --- Economy and Society. --- Electricity generation. --- Energy development. --- Environmental impact of the coal industry. --- Ethane (data page). --- Every Nation. --- Externality. --- Filing (legal). --- Filing (metalworking). --- Financial Regulator. --- Fossil fuel. --- Frustration. --- Future generation. --- Geological formation. --- Global warming. --- Government. --- Gradualism. --- Grandparent. --- Greenhouse gas. --- Greenland ice sheet. --- Heat flux. --- Hedge fund. --- High-voltage direct current. --- Incentive. --- Infrastructure. --- Intermittency. --- International Energy Agency. --- Low-carbon economy. --- Market mechanism. --- Melting. --- Methane. --- Misinformation. --- National wealth. --- Natural gas. --- Norm (social). --- Occidental Petroleum. --- Occupational safety and health. --- Oil well. --- Ownership (psychology). --- Payment. --- Petroleum industry. --- Pipeline transport. --- Plastic pollution. --- Plastic. --- Political corruption. --- Pollution. --- Positive feedback. --- Requirement. --- Responsiveness. --- Saudi Arabia. --- Saving. --- Scale In. --- Scientist. --- Sea level rise. --- Sea level. --- Shorthand. --- Social disruption. --- Sociotechnical system. --- Soil. --- Sovereign state. --- Standard of living. --- Suggestion. --- Technology. --- Too big to fail. --- Useful Life. --- Vegetation. --- Water supply. --- Wealth. --- Window function. --- World economy. --- Year. --- ethylene. --- Environmental policy --- Environmental ethics. --- Forecasting.
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The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian Peter Conti-Brown provides an in-depth look at the Fed's place in government, its internal governance structure, and its relationships to such individuals and groups as the president, Congress, economists, and bankers.Exploring how the Fed regulates the global economy and handles its own internal politics, and how the law does-and does not-define the Fed's power, Conti-Brown captures and clarifies the central bank's defining complexities. He examines the foundations of the Federal Reserve Act of 1913, which established a system of central banks, and the ways that subsequent generations have redefined the organization. Challenging the notion that the Fed Chair controls the organization as an all-powerful technocrat, he explains how institutions and individuals-within and outside of government-shape Fed policy. Conti-Brown demonstrates that the evolving mission of the Fed-including systemic risk regulation, wider bank supervision, and as a guardian against inflation and deflation-requires a reevaluation of the very way the nation's central bank is structured.Investigating how the Fed influences and is influenced by ideologies, personalities, law, and history, The Power and Independence of the Federal Reserve offers a uniquely clear and timely picture of one of the most important institutions in the United States and the world.
Monetary policy --- Banks and banking, Central --- Federal Reserve banks. --- United States. --- United States --- Economic policy. --- Accountability. --- Accounting. --- Alan Greenspan. --- Appointee. --- Asset. --- Bailiwick. --- Bailout. --- Balance sheet. --- Bank holding company. --- Bank of England. --- Bank regulation. --- Bank. --- Banking in the United States. --- Behalf. --- Ben Bernanke. --- Bill Clinton. --- Board of directors. --- Board of governors. --- Bureaucrat. --- Carter Glass. --- Central bank. --- Chair of the Federal Reserve. --- Chairman. --- Commercial bank. --- Conspiracy theory. --- Consumer Financial Protection Bureau. --- Consumer. --- Council of Economic Advisers. --- Creditor. --- Currency. --- Debt. --- Dividend. --- Dodd–Frank Wall Street Reform and Consumer Protection Act. --- Economics. --- Economist. --- Economy. --- Employment. --- Expense. --- Federal Open Market Committee. --- Federal Reserve Bank of New York. --- Federal Reserve Bank. --- Federal Reserve Board of Governors. --- Federal Reserve Note. --- Financial Regulator. --- Financial crisis of 2007–08. --- Financial crisis. --- Financial institution. --- Financial regulation. --- Financial services. --- Fiscal policy. --- Funding. --- General counsel. --- Glass–Steagall Legislation. --- Governance. --- Government agency. --- Government bond. --- Government debt. --- Ideology. --- Income. --- Inflation. --- Insider. --- Institution. --- Interest rate. --- J. P. Morgan. --- Legislation. --- Lehman Brothers. --- Lender of last resort. --- Macroeconomics. --- Market liquidity. --- Market participant. --- Member of Congress. --- Milton Friedman. --- Monetarism. --- Monetary authority. --- Monetary policy. --- Money supply. --- Open market operation. --- Paul Volcker. --- Policy. --- Political science. --- Politician. --- Politics. --- Private bank. --- Provision (accounting). --- Publication. --- Real bills doctrine. --- Recession. --- Regulation. --- Regulatory agency. --- Salary. --- Statute. --- Supervisor. --- Timothy Geithner. --- United States Department of the Treasury. --- Vetting. --- Walter Bagehot. --- William McChesney Martin. --- Woodrow Wilson. --- World economy.
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