Making Sense of Evidence, Markets, and Business
This blog explains how to think more clearly, invest more wisely, and build better businesses – drawing on rigorous academic research, and making it accessible to a general audience.
Do Banks Offer Complex Mortgages to Mislead Customers?
Banks are often accused of making money off complex products that consumers don't understand. In my book, I ...
How Political Connections Can Hurt, Rather Then Help, Firm Value
We often think of political connections as clearly favoring a company. Perhaps the most extreme example is Donald ...
Connecting a Leader’s Vision With Employees’ Daily Tasks
Companies often have inspiring purpose statements, such as "to bring health through food to as many people as ...
Responsible Citizenship in a Time of Crisis
What does it mean to be a responsible citizen in a time of crisis?
When faced with challenges of such a ...
Responsible Investing in a Time of Crisis
What does it mean to be a responsible investor in a time of crisis?
In my first article in this series, ...
Responsible Business in a Time of Crisis
What does it mean to be a responsible business in a time of crisis?
We’ve seen some incredible responses to ...
What to trust: COVID-19 and the virus of misinformation
One of the themes of the book is the criticality of being discerning with evidence, and not believing common myths ...
What Drives the Cost of Default Insurance?
One of the many negative consequences of the COVID-19 pandemic is that companies may default. Companies going ...
The Effect of the ECB’s Bond Buying Program
The European Central Bank is launching a €750 billion bond buying program to address the COVID-19 pandemic. Will ...
Financing Drug Development for Diseases in Developing Nations
While the coronavirus has hit all countries, some of the world’s other serious diseases disproportionately afflict ...
Do Workers on Boards Protect Jobs in a Downturn?
A hot topic is whether companies should have workers on their boards, to ensure they act in the interest of ...
Spillover Effects of Hedge Fund Activism
Hedge fund activism is a controversial topic. Prominent lawyer Marty Lipton argues that the long-term future of ...
No results found.