Faculty Viewpoints
How Dangerous Is America?
In the Boston Globe Magazine, Professor Edward Kaplan writes that although more Americans report being worried about terror attacks, we are safer than we often feel. He cites his research that estimated the number of hidden terror plots being planned in the U.S. at any given time.
Can effective leadership make us healthier and wealthier?
Poor healthcare can do more than degrade quality of life; it can have a negative impact on a country's economic well-being. Elizabeth Bradley, professor of public health and director of the Yale Global Health Initiative, argues that when leaders make choices to improve public health they can foster virtuous cycles improving both health and economics. She also discusses the challenges facing China, the world's most populous nation, as it seeks to improve its healthcare system.
Robert Shiller: Owning a Home Isn’t Always a Virtue
In the New York Times, Professor Robert Shiller writes that the United States should reduce government subsidies for homeownership, while finding another way to promote household saving.
Is antitrust law keeping up?
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.
Want to Fix Social Security? Use the Right Wrench
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.
Can profits and a social mission co-exist?
Professor Rodrigo Canales discusses his research into the trade-offs inherent in social enterprises and argues that people interested in the field should pay closer attention to the challenges of achieving both social good and market success.
Jeffrey Sonnenfeld on Separating the Chairman and CEO Roles at JPMorgan
In a New York Times op-ed, Senior Associate Dean Jeffrey Sonnenfeld writes about the call to separate the chairman and CEO roles at JPMorgan Chase. “While the model can work on occasion, it is surely no panacea that ensures good economic results or good governance,” he argues.
Classroom Insights: Understanding Terrorism with Statistics
In an excerpt from his Policy Modeling class, Prof. Edward Kaplan walks through how statistical models can clarify questions about the best ways to fight terror plots.
Classroom Insights: Grand Strategy for the CEO
How can business leaders cultivate the broad understanding and strategic agility they need to build successful organizations? Charles Hill, an accomplished diplomat and co-founder of the Studies in Grand Strategy course at Yale, talks about how ideas from great thinkers—from Herodotus to Clausewitz—can improve business decision making.
Yes, We’re Confident, but Who Knows Why
As housing, unemployment, the stock market, and the overall economy show signs of recovery, Professor Robert Shiller writes in the New York Times that we understand little about how people’s confidence affect these major turning points. "…[P]ublic thinking is inscrutable. We can keep trying to understand it, but we’ll be puzzled again the next time the markets or the economy make major moves."