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A debate on lifting central banks' inflation targets re-surfaced this week - feeding speculation about just how much economic pain monetary policymakers are willing to inflict to drag decades-high inflation back to largely arbitrary 2% goals. Former International Monetary Fund chief economist and long-term advocate of higher inflation targets Olivier Blanchard thinks 3% could and probably should be the new 2%. That prodded central banks into extraordinary asset purchases, negative interest rates or both just to try and get inflation back up to 2%. And counter-intuitively for some he emphasised that higher inflation would not imply looser policy. So good and bad news - a potentially more balanced economy, with better wage distribution but higher nominal interest rates that may spook financial markets trying to parse the trajectory for Fed or European Central Bank interest rates years hence.

☆ Clinics offer free vasectomies, citing a surge in demand
▼ + stars: | 2022-10-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Sixty vasectomies will be offered over three days in and outside Planned Parenthood clinics in St. Louis, Springfield and Joplin to uninsured patients during the first week of November amid what the clinics say is a surge in demand for the procedure. Guarin also plans to offer discounted vasectomies that month at his regular clinic in the Des Moines area. Guarin, who serves on the medical advisory board for the World Vasectomy Day, helped offer vasectomies last year at the Planned Parenthood in St. Louis to raise awareness about the procedure. In July alone, the Planned Parenthood of the St. Louis Region and Southwest Missouri performed 42 vasectomies, compared to 10 in the same month last year. Dr. Margaret Baum, the medical director of Planned Parenthood of the St. Louis Region and Southwest Missouri, will be partnering with Guarin to provide the free vasectomies.

☆ Kate Moss’ rain boots at Glastonbury: A fashion moment to remember
▼ + stars: | 2019-06-26 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

CNN —Remember when Kate Moss wore wellies (that’s rain boots for those outside the UK) to Glastonbury? As the historic festival once again returns to Worthy Farm, we look back at one of its most memorable fashion moments. Pete Doherty and Kate Moss are seen at the Glastonbury Music Festival 2005. But an even more profound transformation was also taking place – that of the then-struggling Hunter Boot Limited. It has since become a bona fide festival fixture, producing rainwear, outerwear and boots in all manner of colors and styles.

Persons: Kate Moss, Moss, Britain’s, fashion’s, she’d, –, Pete Doherty, MJ Kim, ”, wellies, Hunter, Rita Ora, Rihanna, Cara Delevingne, Alexa Chung, Kate Organizations: CNN, Media, Glastonbury Music, rockstar, Hunter Boot Limited Locations: Glastonbury, Somerset, Chelsea

☆ ‘Secrets, Lies, and Consequences’ Review: Murder on Campus
▼ + stars: | 1991-05-21 | by ( Richard Babcock | ) www.wsj.com time to read: +1 min

In a city with a thick portfolio of unsolved cases, the May 21, 1991, murder of the religion professor Ioan Culianu stands out as one of Chicago’s strangest. The fact that the murder took place at the University of Chicago’s divinity school underlines the mystery. Much of the intrigue centers around Eliade, an admired professor who had come to the U.S. after World War II. Suggestions of a youthful dalliance with Romanian fascism surfaced occasionally, but Eliade was known at the university as a generous colleague and teacher. A chair was named for him in the divinity school.

Persons: Ioan Culianu, —, Mircea Eliade —, Eliade, Saul Bellow Organizations: University of Locations: Romanian, Romania

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