With the unemployment rate inching lower and lower, policymakers predict recovery from the recession is imminent. But the Federal Reserve could help create even more jobs by keeping interest rates near zero and tolerating a little inflation, a Johns Hopkins University economist argues.
Recent news from The Johns Hopkins University
This section contains regularly updated highlights of the news from around The Johns Hopkins University. Links to the complete news reports from the nine schools, the Applied Physics Laboratory and other centers and institutes are to the left, as are links to help news media contact the Johns Hopkins communications offices.
Three Johns Hopkins University theoretical physicists have received a $1.3 million grant from the John Templeton Foundation to develop new ideas for the origin of the universe and alternative ways to test those ideas. The grant, awarded last month, will also be used to support a post-doctoral program for young scientists in theoretical research as well as to create a visitors program to bring notable scientists in the field to the university to collaborate with researchers.
A team led by Johns Hopkins astrophysicist Charles L. Bennett has won a $5 million National Science Foundation grant – administered through the stimulus act – to build an instrument designed to probe what happened during the universe’s first trillionth of a second, when it suddenly grew from submicroscopic to astronomical size in far less than time than it takes to blink your eye.