Paul Tucker, a former deputy governor of the Bank of England, says that giving central bankers too much power can lead to dangerous unintended consequences.
After decades of decline, Sears filed for bankruptcy in October. Yale Insights asked bankruptcy expert Stanley Garstka what would remain of the once-dominant retailer and its heritage at the end of the process.
Yale SOM’s Andrew Metrick and the Yale Program on Financial Stability are studying the global financial crisis of 2007-09, working to create the knowledge and tools to prepare the next generation of policymakers who find themselves in the eye of a monetary maelstrom.
A study by Yale SOM’s Tristan Botelho suggests that, under certain circumstances, companies could benefit from sharing detailed information with competitors.
U.S. antitrust laws, Yale SOM’s Fiona Scott Morton says, were written when new technology meant “typewriters and buggy whips and bicycles.” She assembled a group of economists and legal scholars to examine areas in which enforcement is out of sync with a changing economy.
President Trump has imposed a series of tariffs, raising tensions with allies and prompting other countries to respond in kind. We asked Yale SOM’s Peter K. Schott, who studies how firms and workers respond to globalization, to assess the current climate.
