Features

Mwaramutse! Summer Research in Rwanda: By Kathryn Berndtson; The two months that I spent in Rwanda this summer (with brief visits to the Democratic Republic of Congo and Uganda) were the most powerful and wonderful of my life.; After finagling my way through three international airports while hauling 65 kilograms over the permitted baggage allowance—I was transporting two suitcases full of school supplies and a laptop to a youth center there—I arrived in Kigali.…; Read More

Manshel Lecture: Globalization and Monetary Policy: By Richard W. Fisher; William Gladstone, the four-time prime minister of Britain, probably summed up the gist of all the literature on money when he observed that “not even love had made so many fools of men as pondering over the nature of money.”; Yet that is what I am now paid to do as a Federal Reserve Bank president and member of the Federal Open Market Committee—contemplate the nature of money. Central bankers ponder money so as to protect its value, promote the maximum sustainable non-inflationary economic growth, manage the payments system, and keep the financial and economic infrastructure humming along at peak efficiency.…; Read More

From the Director

: Pictured here at the Fifth Manshel Lecture on American Foreign Policy is Albert Weatherhead (left), who is joined by Center Director, Jorge I. Domínguez, and two former directors, Joseph Nye and Samuel Huntington.; Among the many comments that I have received since it became known that I would step down as Center Director after ten years on the job, one comment in particular showed a keen understanding of my intentions from the very beginning.…; Read More