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Three Questions

  • Should We Worry about the Trillion-Dollar Deficit?

    We asked William English, a professor in the practice of finance and a former economist at the Federal Reserve, how the deficit and the ballooning national debt affect the economy and the ability of Congress and the Fed to fight future recessions.

    A pile of bound copies of the federal budget
  • Coronavirus Could Hobble Chinese Economy at a Precarious Moment

    We asked Stephen Roach, a senior fellow at the Yale Jackson Institute for Global Affairs and the former chairman of Morgan Stanley Asia, what the epidemic could mean for the economy in China and the rest of the world.

    Shoppers wearing masks in Wuhan, China, on January 23. Photo: Getty Images.
  • The Suleimani Killing and the New Order of Armed Conflict

    We asked Paul Bracken, a professor of management and political science, what the capability to pinpoint enemy leaders from afar in real time means for modern warcraft.

    An MQ-9 Reaper remotely piloted aircraft at Creech Air Force Base  in Indian Springs, Nevada. Photo: Isaac Brekken/Getty Images.
  • What’s Next for Alibaba? 

    The giant China-based conglomerate Alibaba raised more than $13 billion in November in a stock offering on the Hong Kong Stock Exchange. We asked Yale SOM’s Heather Tookes and Matthew Spiegel, who have studied the performance of companies after IPOs, what their research suggests about Alibaba’s prospects and its next steps.

    The Alibaba Group’s listing ceremony at the Hong Kong Stock Exchange on November 26, 2019. Photo: AP Photo/Kin Cheung.
  • How Not to Hate the Holidays 

    We asked Nathan Novemsky, a social psychologist and a professor of marketing at Yale SOM, what the research says about avoiding tension and creating positive memories.

    https://insights.som.yale.edu/insights/three-questions-prof-gal-zauberman-on-the-psychology-of-taking-vacation-photos
  • Three Questions: Prof. Andrew Metrick on Paul Volcker’s Legacy

    Paul Volcker, former chairman of the Federal Reserve, died on December 8 at age 92. Prof. Andrew Metrick reflects on Volcker’s contributions to the Fed and economic policy.

    Federal Reserve Chairman Paul Volcker before a hearing in August 1980. Photo: James K. W. Atherton/The Washington Post via Getty Images.
  • Three Questions: Prof. Jacob Hacker on Tax Rates for the Rich 

    A recently published book argues that the richest Americans now pay lower tax rates than any other income group. We asked Yale political scientist Jacob Hacker to explain how this situation developed and why it’s proved politically difficult to raise taxes on the rich.

    A cartoon of a map with a huge bag of money
  • Three Questions: Prof. David Bach on the NBA’s China Dilemma

    We talked with Yale SOM Deputy Dean David Bach, an expert on business-government relations and global markets, about how world-spanning organizations should navigate conflicting values in key markets.

    Houston Rockets star James Harden with young fans during a visit to China in 2016.
  • Three Questions: Prof. James Baron on Why Performance Reviews Aren’t Working 

    We asked Yale SOM’s James Baron about the research on the effectiveness of annual reviews and what a better method might look like.

    A graphic of a manager providing feedback
  • Three Questions: Prof. Jeffrey Sonnenfeld on Looking Beyond Shareholder Value

    This week, the Business Roundtable declared a commitment to the interests of customers, employees, and local communities—not just shareholders. Yale SOM's Jeffrey Sonnenfeld says the change in position reflects an understanding among many business leaders that doing good is not antithetical to doing well.

    Jamie Dimon of JPMorgan Chase, the chair of the Business Roundtable,  with Randall Stephenson of AT&T and Dennis Muilenburg of Boeing at a 2018 event hosted by the group. Photo: Mark Wilson/Getty Images.