Despite the policy failures that enabled and even encouraged the buildup of risk in the banking system and ultimately led to the global financial crisis of 2007-2009, “reformed” rules remain poorly designed, the system remains much too fragile and dangerous, and bailouts persist. In resisting beneficial reforms, bank lobbies make false, misleading, and self-serving arguments. The weak rules and poor enforcement reflect the symbiosis of bankers with politicians, the media, lawyers, and economists. They encourage and enable a culture of recklessness, rule infringements, and even criminal behavior, with impunity. The power of bankers to distort rules and political discourse threatens our democracies. This talk will be based on the new and expanded edition of Anat Admati's The Bankers' New Clothes: What is Wrong with Banking and What to Do About It (Princeton University Press, 2024), coauthored with Martin Hellwig, and other writings.

ABOUT THE SPEAKER

Anat Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University Graduate School of Business, Senior Fellow at the Stanford Institute for Economic Policy Research, and faculty director of the Corporations and Society Initiative. Her interests lie in the interaction of business, law, and policy, with a focus on governance and accountability issues. Since 2010, Admati has been engaged in policy discussions related to financial regulations. In 2014, she was named by Time Magazine as one of the 100 most influential people in the world and by Foreign Policy magazine as among 100 global thinkers. Admati has written on information dissemination in financial markets, financial contracting, corporate governance, and banking. She is the co-author, with Martin Hellwig, of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It (Princeton University Press 2013, expanded edition 2024).

Admati holds BSc from the Hebrew University, MA, MPhil, and PhD from Yale University, and an honorary doctorate from the University of Zurich. She is a fellow of the Econometric Society, a past board member of the American Finance Association, and a former member of the FDIC’s Systemic Resolution Advisory Committee and the CFTC’s Market Risk Advisory Committee.

Virtual to Public. Only those with an active Stanford ID with access to Encina E008 in Encina Hall may attend in person.

Why could politicians of religious minority background assume the highest political offices in some countries soon after modern representative institutions were adopted, whereas, in other countries, almost all the national chief executives have been politicians from the religious majority background for decades, if not centuries?

I argue that the leading politicians of religious minority backgrounds in Europe potentially had three “secular” paths out of their marginality: liberalism, socialism, and nationalism. I examine these three paths that religious minority politicians pursued through the cases of Britain (liberalism), France (socialism), Hungary, and Italy (nationalism). I explain the variation in the rise of the first religious minority chief executives at the national level and the prominence of one of these three specific paths based on the religious configuration of the main actors in the constitutive conflict that established the nation-state. Finally, I examine a world-historical example of pattern change, the rise of Catholic-origin politicians to national leadership in previously Protestant-led Germany, which was due to a new constitutive conflict (World War II and the Holocaust) that radically altered the religious-national configuration. Religious minorities’ political (under-)representation constitutes a significant dimension of their (de-)securitization.

ABOUT THE SPEAKER

Şener Aktürk is Professor in the Department of International Relations at Koç University. He is a scholar of comparative politics, with a focus on comparative politics of ethnicity, religion, and nationalism. After completing his BA and MA at the University of Chicago and his PhD in political science at the University of California, Berkeley, he was a postdoctoral fellow at the Davis Center for Russian and Eurasian Studies and a Visiting Lecturer at the Department of Government at Harvard University. His book, Regimes of Ethnicity and Nationhood in Germany, Russia, and Turkey (Cambridge University Press, 2012), received the 2013 Joseph Rothschild Book Prize from the Association for the Study of Nationalities.

His articles have been published in World Politics, Perspectives on Politics, Comparative Politics, Journal of Ethnic and Migration Studies, Post-Soviet Affairs, Mediterranean Politics, Social Science Quarterly, European Journal of Sociology, Nationalities Papers, Problems of Post-Communism, Turkish Studies, Middle Eastern Studies, Osteuropa, Theoria, Ab Imperio, Insight Turkey, Turkish Policy Quarterly, Perceptions, and various edited books. He is the recipient of the Peter Odegard Award at UC Berkeley, the Marie Curie International Reintegration Grant, the Baki Komsuoglu Social Sciences Encouragement Award, the Kadir Has Social Sciences Prize, the TUBA Young Scientist Award, the BAGEP Science Academy Award, and the TUBİTAK Incentive Prize.

Virtual to Public. Only those with an active Stanford ID with access to Encina E008 in Encina Hall may attend in person.

What are the longer-term implications of Russia’s renewed aggression in Ukraine for relations with its Eurasian neighbors it has often referred to as the “near abroad?”

A recent and growing literature suggests that domestic public opinion will play a decisive role in their future foreign policy choices. Based on an original mass survey with an embedded experiment, this talk examines the changes in Kazakhstani public opinion toward maintaining economic and security relations with Russia through international alliances such as the Collective Treaty Security Organization (CSTO). These changes should be viewed in light of both Russia’s war against Ukraine in February 2022 and the Russian-led CSTO’s intervention in the mass protests in Kazakhstan in January 2022. It argues that Kazakhstani public opinion has changed in significant ways — especially across ethnic lines — and that these changes are likely to impact Kazakhstan-Russian relations in general and the future of the CSTO in particular.

ABOUT THE SPEAKER

Pauline Jones is Professor of Political Science at the University of Michigan (UM) and the Edie N. Goldenberg Endowed Director for the Michigan in Washington Program. She is also Founder and Director of the Digital Islamic Studies Curriculum (DISC). Previously, she served as the Director of UM’s Islamic Studies Program (2011-14) and International Institute (2014-20). Her past work has contributed broadly to the study of institutional origin, change, and impact in Central Asia. She is currently engaged in multiple research projects: exploring how state regulation of Islam in Muslim-majority states affects citizens’ political attitudes and behavior; identifying the factors that affect compliance with health mitigation policies to combat the COVID-19 pandemic; examining the influence that evoking historical memory has on public support for foreign assistance; and developing a toolkit to assess the impact of mass protest and state narratives on domestic and foreign policy change in authoritarian regimes. She has published articles in several leading academic and policy journals, including the American Political Science Review, Annual Review of Political Science, Comparative Political Studies, Current History, and Foreign Affairs. She is author (or co-author) of five books, most recently The Oxford Handbook on Politics in Muslim Societies (Oxford 2021).

A dictator's power is secure, the authors begin in this muscular, impressive study, only as long as citizens believe in it. When citizens suddenly believe otherwise, a dictator's power is anything but, as the Soviet Union's collapse revealed. This conviction – that power rests ultimately on citizens' beliefs – compels the world's autocrats to invest in sophisticated propaganda. This study draws on the first global data set of autocratic propaganda, encompassing nearly eight million newspaper articles from fifty-nine countries in six languages. The authors document dramatic variation in propaganda across autocracies: in coverage of the regime and its opponents, in narratives about domestic and international life, in the threats of violence issued to citizens, and in the domestic events that shape it. The book explains why Russian President Vladimir uses Donald Trump as a propaganda tool and why Chinese state propaganda is more effusive than any point since the Cultural Revolution.

ABOUT THE SPEAKERS

Erin Baggott Carter (赵雅芬) is an Assistant Professor at the Department of Political Science and International Relations at the University of Southern California and a Hoover Fellow at Stanford University's Hoover Institution. She is also a non-resident scholar at the UCSD 21st Century China Center. She has previously held fellowships at Stanford's Center on Democracy, Development and the Rule of Law and the Center for International Security and Cooperation. She received a Ph.D. in Political Science from Harvard University.

Dr. Carter's research focuses on Chinese politics and propaganda. Her first book, Propaganda in Autocracies, explores how political institutions determine propaganda strategies with an original dataset of eight million articles in six languages drawn from state-run newspapers in nearly 70 countries. She is currently working on a book on how domestic politics influence US-China relations. Her other work has appeared in the British Journal of Political Science, Journal of Conflict Resolution, Security Studies, and International Interactions. Her work has been featured by a number of media platforms, including the New York Times and the Little Red Podcast.

Brett Carter is an Assistant Professor in the Department of Political Science and International Relations at the University of Southern California and a Hoover Fellow at Stanford University's Hoover Institution. Brett received a Ph.D. in Political Science from Harvard University and has previously held fellowships at the Harvard Academy for International and Area Studies and Stanford's Center on Democracy, Development and the Rule of Law.

Brett's research focuses on politics in the world's autocracies. His first book, Propaganda in Autocracies, marshals a range of empirical evidence to probe the politics of autocratic propaganda. His second book project, Autocracy in Post-Cold War Africa, explores how Central Africa's autocrats are learning to survive despite the nominally democratic institutions they confront and the international pressure that occasionally makes outright repression costly. His other work has appeared in the Journal of Politics, British Journal of Political Science, Journal of Conflict Resolution, Security Studies, and Journal of Democracy, among others.

Virtual to Public. Only those with an active Stanford ID with access to Encina E008 in Encina Hall may attend in person.