All Insights Articles

Can laws created to rein in the monopolies of the industrial age still work in the information age? After spending a year as the top antitrust economist at the U.S. Department of Justice, Professor Fiona Scott Morton describes the state of antitrust regulation today.

Tabubil is a town of about 30,000 people, deep in the mountains of Papua New Guinea. It was built by the operators of the Ok Tedi mine, an open-pit gold and copper mine. But now, with the end of the mine’s life in sight, the town faces a stark challenge: completely remake itself or disappear. John Wylie, former head of the Tabubil Futures Initiative, talks about what it takes to imagine a new economy and a new way of life for the isolated community.

The investment banking industry has been subject to new scrutiny, increased regulation, and changing capital requirements since the financial crisis of 2008. How much has this changed what bankers do? Yale Insights spoke with industry veteran Fred Terrell '82.

The $1.5 trillion mining and metals sector supplies the feedstock for a large part of everyday life—from coal for power, to iron ore for steel girders, to the minerals and metals that are processed into the components of your iPhone. John Lichtenstein '83, a consultant and 30-year veteran of the sector, describes the state of this global industry and how one country—China—has an outsize influence on commodity prices everywhere.

Over the last 50 years, Western aid to the poorest countries has often failed to make tangible improvements in the lives of their citizens. Nadim Matta '89, president of the Rapid Results Institute, talks about the organization's approach to achieving incremental change by empowering frontline stakeholders.

The insurance exchanges at the center of healthcare reform will open for business later this year. Alongside existing for-profit insurers, the exchanges will include new nonprofit insurers called Consumer Oriented and Operated Plans (CO-OPs). Allison Silvers '90, chief operating officer of a CO-OP sponsored by the Freelancers Union in New York, discusses the health insurance exchanges and what it takes to create a new kind of insurer.

Increasingly, a bank is a virtual entity rather than the imposing edifice downtown. Amy Brady, the chief information officer of Cleveland-based Key Bank, talks about the impact of technology on banking.

New research co-authored by Professor Olav Sorenson finds that managers are biased against ideas that are proposed by employees outside of their own work groups, hurting innovation and performance.

In a New York Times op-ed, Professor Robert Shiller writes that President Obama’s proposal to change how inflation is measured in Social Security benefit calculations “…solves the wrong problem, and, in doing so, undermines the integrity of the Social Security system.” One alternative, suggests Shiller, is to link retirees’ benefits to GDP per capita, in current dollars, which would align the interests of the retired with those of society as a whole.

A recent spate of news gives hints about whether the Affordable Care Act is likely to be successful in improving healthcare coverage and quality. Robert Galvin, CEO of Equity Healthcare, a firm that manages health insurance for more than 300,000 people, talks about how he sees the law changing the health insurance market—and the importance of continuing to innovate on all levels.