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All Insights Articles

  • The New Fed Chair Wants Less Transparency. That’s a Mistake.

    Yale SOM’s William English, a former Fed official, writes that a less communicative Fed could undermine monetary policy effectiveness, increase market volatility, and weaken democratic accountability.

    Kevin Warsh being sworn in by Justice Clarence Thomas
  • Trump Has a Path Out of the Trade War. Will He Take It?

    By striking down Trump’s tariff authority, write Yale SOM’s Jeffrey Sonnenfeld and co-author Steven Tian, the Supreme Court handed him a chance to retreat from a damaging trade war while claiming credit for a more effective negotiating strategy.

    Shipping containers in a port
  • Solving Operational Problems Is the Real Engine of CarMax’s Success

    CarMax revolutionized the used car market by implementing a fixed-price retail model. But co-founder Austin Ligon ’80 says the company’s financial success came from developing efficient back-end operations through a long-term focus on process improvement.

    A closeup of a car with a window sticker and a CarMax building in the background
  • Why Do Moderate Voters Support Extreme Candidates?

    A new study from Yale SOM’s Minjae Kim addresses why politicians benefit from projecting views that are more extreme than those of their own voters—even though voters say they want representatives who reflect their own beliefs.

    A voter and a child looking at a ballot in a polling place
  • A Guide to Getting Agentic AI Right

    Yale’s Jeffrey Sonnenfeld and coauthors present a framework for determining when and how to effectively deploy agentic AI.

    Digital workers
  • The Colorado River Is Overdrawn, and a Corporate Reckoning Is Imminent

    For decades, the Colorado River has delivered less water than allocated, with shrinking reservoirs making up the difference. Yale SOM’s Todd Cort argues that companies across the West have yet to account for this imbalance.

    An aerial view of Lake Powell with a low water level
  • The Real Job Destruction from AI Is Hitting Before Careers Can Start

    Yale’s Jeffrey Sonnenfeld and his co-authors say that the impact of AI can be seen among recent college graduates, who are finding it harder and harder to get that first job. With no entry to the workforce, how will younger people develop the skills and wisdom to lead in the future?

    Robots
  • Do Search Fund CEOs Improve Performance?

    An analysis by search fund expert A.J. Wasserstein and accounting scholar Jacob Thomas finds that most gains come from selling companies at higher prices relative to their earnings, not from improving margins or efficiency.

    A CEO standing on top of a box suspended in the air
  • Sharing Your Data Comes at a Cost—and Not Just to You

    A new study co-authored by Yale SOM’s Jidong Zhou models the interaction between individual privacy choices and firms’ strategic responses and finds that data sharing can impose costs on other consumers—including those who opt out.

    An illustration showing someone working on a computer with a door on the back of the screen opened so his work is visible from behind
  • Apple’s CEO Transition Signals Strength, Not Uncertainty

    Yale SOM leadership expert Jeffrey Sonnenfeld and co-author Steven Tian argue that Apple is executing a model succession, with the transition from Tim Cook to John Ternus positioning the company to embed AI at scale across its global hardware ecosystem.

    John Ternus speaking in front of blown-up images of iMac computers