{"id":983,"date":"2019-04-19T15:34:51","date_gmt":"2019-04-19T15:34:51","guid":{"rendered":"https:\/\/artsci.case.edu\/fridaylunch\/?p=983"},"modified":"2024-06-07T15:35:59","modified_gmt":"2024-06-07T15:35:59","slug":"managing-in-a-trumped-up-economy","status":"publish","type":"post","link":"https:\/\/artsci.case.edu\/fridaylunch\/2019\/04\/19\/managing-in-a-trumped-up-economy\/","title":{"rendered":"Managing in a Trumped-Up Economy"},"content":{"rendered":"<table width=\"742\" align=\"center\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\" width=\"734\">\n<table width=\"722\" align=\"center\">\n<tbody>\n<tr>\n<td colspan=\"3\" valign=\"top\" bgcolor=\"#ffffff\" width=\"722\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-839\" src=\"https:\/\/artscimedia.case.edu\/wp-content\/uploads\/sites\/238\/2024\/06\/07135207\/cas_logo_newsletters2.jpg\" alt=\"college of arts and sciences logo\" width=\"336\" height=\"100\" \/><br \/>\n<strong><span style=\"color: #0a304e; font-family: Arial, Helvetica, sans-serif; font-size: x-large;\">Center for Policy Studies<br \/>\nPublic Affairs Discussion Group<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td colspan=\"3\" valign=\"top\" bgcolor=\"#ffffff\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"722\" align=\"center\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"502\">\n<table width=\"492\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\" width=\"98%\" height=\"33\"><span style=\"color: #0a304e; font-size: x-large;\"><strong>Managing in a Trumped-Up Economy<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"487\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\" width=\"70%\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-756\" src=\"https:\/\/artscimedia.case.edu\/wp-content\/uploads\/sites\/238\/2024\/06\/07131804\/sniderman_mark.jpg\" alt=\"headshot\" width=\"125\" height=\"125\" \/><br \/>\n<span style=\"color: #0a304e;\"><strong>Mark Sniderman, Ph.D. &#8211; Executive-in-Residence and Adjunct Professor of Economics, Weatherhead School, and former Executive Vice President and Chief Policy Officer, Federal Reserve Bank of Cleveland<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"97%\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"FFFFFF\" width=\"70%\"><span style=\"color: #0a304e;\"><strong>Friday April 19, 2019<br \/>\n12:30-1:30 p.m.<br \/>\nDampeer Room<br \/>\nKelvin Smith Library<\/strong><\/span><span style=\"color: #990000; font-size: medium;\"><strong>*<\/strong><\/span><br \/>\n<span style=\"color: #0a304e;\"><strong>Case Western Reserve University<\/strong><\/span><\/p>\n<p><span style=\"color: #0a304e;\">Dear Colleagues:<\/p>\n<p><strong>Everybody can agree that government&#8217;s economic policies are important, even if they cannot agree on how the government does or should influence the economy.<\/strong><\/p>\n<p>Beliefs about economic policy will shape how voters assess incumbents and, perhaps even more important, individual and corporate decisions about consumption and investment. What are the consequences of budget deficits? What monetary policy is appropriate? Should there be separate policies about credit? What are the effects of environmental and other regulations? How do taxes affect output? What is the tradeoff between efficiency and equity? What are the effects of encouraging or restricting trade? Our answers will shape our judgments of both the current government and our future economy \u2013 if one can figure out what the government is doing.<\/p>\n<p><strong>Unlike in some areas, President Trump&#8217;s economic policies seem to be mostly the same as the Administration&#8217;s.<\/strong>\u00a0They also appear to be a mix of standard current Republicanism (cutting regulations and taxes on &#8220;job creators,&#8221; talking about deficits but only considering spending cuts) with complaints about the Federal Reserve and a very atypical emphasis on perceived national losses from foreign trade. But\u00a0<strong>what can we know about the policies&#8217; effects and how economic actors are responding to them?\u00a0<\/strong>Mark Sniderman, former Executive Vice President and Chief Policy Officer of the Federal Reserve Bank of Cleveland, joins us to share his expert perspective.<\/span><\/p>\n<p><span style=\"color: #0a304e;\">All best regards,<br \/>\nJoe White<br \/>\nLuxenberg Family Professor of Public Policy and Director, Center for Policy Studies<\/span><\/p>\n<hr \/>\n<p><strong><span style=\"color: #0a304e; font-size: medium;\">About Our Guest<\/span><\/strong><\/p>\n<p><span style=\"color: #0a304e;\"><strong>Mark Sniderman\u2019s<\/strong>\u00a0academic and professional interests are focused on macroeconomics and financial regulation, especially the roles played by central banks. He is currently studying the unconventional monetary policies being employed by central banks in the wake of the global financial crisis, as well as their newer responsibilities for promoting financial stability. Sniderman came to Case after a career with the Federal Reserve Bank of Cleveland, culminating in his position as Executive Vice President and Chief Policy Officer. In that role, Sniderman served as principal adviser to the Bank president for economic and financial policy issues. As a senior executive officer, Sniderman had responsibilities for leadership of the Bank\u2019s economic research, public affairs, and community affairs departments; he also served on the Bank\u2019s management committee. Sniderman chaired the Bank\u2019s Senior Policy Committee and was a member of its Credit Risk Management Committee. During his Federal Reserve career, Sniderman attended more than 100 meetings of the Federal Open Market Committee, the Fed\u2019s monetary policy body; and spoke frequently to public audiences about the economic conditions and monetary policy issues. Sniderman continues to speak on these topics to a variety of business and professional audiences.<\/span><\/p>\n<p><strong><span style=\"color: #0a304e; font-size: medium;\">Where We Meet<\/span><\/strong><\/p>\n<p><span style=\"color: #0a304e;\">The Friday Public Affairs Lunch convenes each Friday when classes are in session, from 12:30 p.m. to 1:30 p.m. Our programs are open to all and no registration is required. We usually meet in the Dampeer Room of Kelvin Smith Library.<\/span><\/p>\n<p><span style=\"color: #990000;\">* Kelvin Smith Library requires all entrants to show identification when entering the building, unless they have a university i.d. that they can magnetically scan. We are sorry if that seems like a hassle, but it has been Library policy for a while in response to security concerns. Please do not complain to the library staff at the entrance, who are just doing their jobs.<\/span><\/p>\n<p><strong><span style=\"color: #0a304e; font-size: medium;\">Parking Possibilities<\/span><\/strong><\/p>\n<p><span style=\"color: #0a304e;\">The most convenient parking is the lot underneath Severance Hall. We regret that it is not free. From that lot there is an elevator up to street level (labeled as for the Thwing Center); it is less than 50 yards from that exit to the library entrance. You can get from the Severance garage to the library without going outside. Near the entry gates &#8211; just to the right if you were driving out &#8211; there is a door into a corridor. Walk down the corridor and there will be another door. Beyond that door you&#8217;ll find the entrance to an elevator which goes up to an entrance right inside the doors to Kelvin Smith Library.<\/span><\/p>\n<p><strong>Schedule of Friday Lunch Upcoming Topics and Speakers:<\/strong><\/p>\n<p><strong>April 26: What Do We Know About the Health and Safety Effects of Marijuana: Medical, Recreational, or Otherwise?<\/strong>\u00a0With\u00a0<strong>Theodore Parran Jr. MD<\/strong>, Isabel and Carter Wang Professor and Chair in Medical Education and Associate Director, Rosary Hall at St. Vincent Charity Medical Center.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td align=\"right\" valign=\"top\" bgcolor=\"#0a304e\" width=\"203\"><em><span style=\"color: #ffffff;\">April 14, 2019<\/span><\/em><\/p>\n<p align=\"right\"><span style=\"color: #ffffff; font-size: small;\">If you would like to reply, submit items for inclusion, or not receive this weekly e-mail please send a notice to:<\/span>\u00a0<a href=\"mailto:padg@case.edu\"><span style=\"color: #ffffff; font-size: small;\"><u>padg@case.edu<\/u><\/span><\/a><\/p>\n<h2 align=\"left\"><span style=\"color: #ffffff;\">Upcoming Events<\/span><\/h2>\n<p align=\"left\"><span style=\"color: #ffffff;\">Pretextual Orientation: Testing Religious Sincerity After Masterpiece Cakeshop<\/span><\/p>\n<p align=\"left\"><strong>A discussion with Bryan Adamson, J.D., Associate Professor of Law, Seattle University School of Law, Thursday April 18, 2019, 4:30 p.m. &#8211; 5:30 p.m., CWRU School of Law, Moot Courtroom (A59), 11075 East Blvd., Cleveland, Ohio 44106 Free and open to the public.<\/strong><\/p>\n<p>Professor Adamson\u2019s conversation will explore the Supreme Court\u2019s recent\u00a0<em>Masterpiece Cakeshop v. Colorado Civil Rights Commission<\/em>\u00a0decision. While it is questionable as to whether the Court should have accepted certiorari in the first instance, it is clear that the decision did not resolve the core issues of whether the creation of a wedding cake constitutes speech or expression nor the thorny issue of what is to be done when civil rights collide with assertions of religious freedom. Thus, it is important to explore what the decision augers for the LGBTQ community when actors might invoke religious beliefs as a pretext for discrimination which, under similar circumstances, an adjudicative body must not interrogate. Given the social, public and private harms caused by religious insincerity (.e.g., fraud and false public accommodation claims), it is important to explore whether the evidentiary bar of religious animus established in Masterpiece Cakeshop has real precedential effects, and whether the First Amendment&#8217;s \u201cno orthodoxy\u201d principle and \u201cno religious test\u201d clause of Article VI are so embedded in the Court\u2019s jurisprudence that pre-textual invocations of religious beliefs which work injury upon the rights of LGBTQ citizens can never be impeached.<\/p>\n<table border=\"1\" width=\"200\" cellspacing=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"minicalheaderbg\" colspan=\"7\" valign=\"TOP\" height=\"27\">\n<p><center><a href=\"http:\/\/www.google.com\/calendar\/embed?src=case.edu_o3p1i8nvejs0ogna59hk482stg%40group.calendar.google.com&amp;ctz=America\/New_York\"><strong><span style=\"color: #ffffff;\">April 2019<\/span><\/strong><\/a><\/p>\n<p><\/center><\/td>\n<\/tr>\n<tr class=\"minicalbg2\">\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">S<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">M<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">T<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">W<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">T<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">F<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\" width=\"23\"><strong><span style=\"color: #ffffff;\">S<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\">&nbsp;<\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">1<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">2<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">3<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">4<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">5<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">6<\/span><\/strong><\/td>\n<\/tr>\n<tr class=\"minicalbg2\">\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">7<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">8<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">9<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">10<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">11<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">12<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">13<\/span><\/strong><\/td>\n<\/tr>\n<tr class=\"minicalbg2\">\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">14<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">15<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">16<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">17<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">18<\/span><\/strong><\/td>\n<td bgcolor=\"#000000\"><a href=\"https:\/\/calendar.google.com\/calendar\/event?eid=NWpkZ2c0OWl2aDFwcGJvNWg4dXZqdDRtdGcgY2FzZS5lZHVfbzNwMWk4bnZlanMwb2duYTU5aGs0ODJzdGdAZw&amp;ctz=America\/New_York\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"color: #ffffff;\"><u>19<\/u><\/span><\/strong><\/a><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">20<\/span><\/strong><\/td>\n<\/tr>\n<tr class=\"minicalbg2\">\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">21<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">22<\/span><\/strong><\/td>\n<td bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">23<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">24<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">25<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><a href=\"https:\/\/calendar.google.com\/calendar\/event?eid=NmEydHJtOW4zMG5yMHRjZjE4MGNnczVwOWEgY2FzZS5lZHVfbzNwMWk4bnZlanMwb2duYTU5aGs0ODJzdGdAZw&amp;ctz=America\/New_York\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"color: #ffffff;\"><u>26<\/u><\/span><\/strong><\/a><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">27<\/span><\/strong><\/td>\n<\/tr>\n<tr class=\"minicalbg2\">\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">28<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">29<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\"><strong><span style=\"color: #ffffff;\">30<\/span><\/strong><\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\">&nbsp;<\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\">&nbsp;<\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\">&nbsp;<\/td>\n<td class=\"minicalbg2\" bgcolor=\"#0a304e\">&nbsp;<\/td>\n<\/tr>\n<tr align=\"center\">\n<td class=\"minicalbg2\" colspan=\"7\" align=\"center\" bgcolor=\"#0a304e\" height=\"173\">\n<p align=\"center\"><img loading=\"lazy\" src=\"https:\/\/fridaylunch.case.edu\/images\/CWRU_CPS_Stacked_Logo6.jpg\" width=\"180\" height=\"150\" align=\"middle\" vspace=\"3\" \/><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td colspan=\"3\" valign=\"top\" bgcolor=\"#ffffff\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"722\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<p align=\"center\">Visit the\u00a0<a href=\"http:\/\/fridaylunch.case.edu\/\"><span style=\"color: #004480;\">Public Affairs Discussion Group Web Site.<\/span><\/a><\/p>\n<p align=\"center\">Center for Policy Studies | Mather House 111 | 11201 Euclid Avenue |<br \/>\nCleveland, Ohio 44106-7109 |\u00a0 Phone: 216.368.6730 |<br \/>\nPart of the:\u00a0<a href=\"http:\/\/www.case.edu\/artsci\"><span style=\"color: #004480;\"><u>College of Arts and Sciences<\/u><\/span><\/a><\/p>\n<p>\u00a9 2019 Case Western Reserve University |<br \/>\nCleveland, Ohio 44106 | 216.368.2000 |\u00a0<a href=\"http:\/\/www.case.edu\/legal.htm\"><span style=\"color: #004480;\"><u>legal notice<\/u><\/span><\/a><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Center for Policy Studies<br \/>\nPublic Affairs Discussion Group<\/strong><\/p>\n<p><strong>Managing in a Trumped-Up Economy<\/strong><\/p>\n<p><strong>Mark Sniderman, Ph.D. &#8211; Executive-in-Residence and Adjunct Professor of Economics, Weatherhead School, and former Executive Vice President and Chief Policy Officer, Federal Reserve Bank of Cleveland<\/strong><\/p>\n<p><strong>Friday April 19, 2019<br \/>\n12:30-1:30 p.m.<br \/>\nDampeer Room<br \/>\nKelvin Smith Library<\/strong><strong>*<\/strong><br \/>\n<strong>Case Western Reserve University<\/strong><\/p>\n<p>Dear Colleagues:<\/p>\n<p><strong>Everybody can agree that government&#8217;s economic policies are important, even if they cannot agree on how the government does or should influence the economy.<\/strong><\/p>\n<p><a href=\"https:\/\/artsci.case.edu\/fridaylunch\/2019\/04\/19\/managing-in-a-trumped-up-economy\/\" class=\"more-link\">Continue reading&#8230; <span class=\"screen-reader-text\">Managing in a Trumped-Up Economy<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/posts\/983"}],"collection":[{"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/comments?post=983"}],"version-history":[{"count":1,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/posts\/983\/revisions"}],"predecessor-version":[{"id":984,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/posts\/983\/revisions\/984"}],"wp:attachment":[{"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/media?parent=983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/categories?post=983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/artsci.case.edu\/fridaylunch\/wp-json\/wp\/v2\/tags?post=983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}