The Open Philanthropy Project awarded a grant of $250,000 to the Peterson Institute for International Economics (PIIE) to support work on macroeconomic stabilization.
We are considering making a larger grant to support PIIE to do substantially more work in this area (which is a focus area of ours), and are thinking of the present funding as an opportunity to try working with the organization while we (and they) think more about potential future engagement.
We do not plan to write in more detail about this grant at this time.