In a new book, Yale SOM’s Jeffrey Garten explores Richard Nixon’s decision to delink the dollar from gold, which remade the global monetary system in an instant.
A greater share of Americans filed for unemployment insurance in the week ending March 21 than in any prior week in American history. We asked Yale SOM's Paul Goldsmith-Pinkham for his perspective on this alarming statistic.
What will the sudden economic shock mean for competition and antitrust policy? We asked Yale SOM’s Fiona Scott Morton, an economist who served in the Antitrust Division of the U.S. Department of Justice, for her perspective.
Yale SOM’s Michael Sinkinson found that fewer people get life-savings statins during primary season, when pharmaceutical ads are displaced by political ads.
A study by Yale SOM’s Frank Zhang suggests that local Chinese governments often push through projects without long-term economic value, or fabricate numbers outright, in order to meet GDP targets.
A new study co-authored by Yale SOM’s Florian Ederer explores how the trust we place in one another is affected by our ability to communicate and by the passage of time.
Using data from the U.S. mining industry, Yale SOM’s Kerwin Charles and his co-authors investigated the relationship between higher demand and safety, and found that increased investment in safety measures is overwhelmed by the incentive to increase production while prices are high, leaving workers less safe overall.
A new study co-authored by Yale SOM’s Kevin Williams suggests that the zone pricing employed by home improvement chains benefits some consumers at the expense of others—and costs one of the two giants potential profits.
More and more of our economic and social lives are being conducted through digital channels. Economist Fiona Scott Morton talks about how effective antitrust regulation and enforcement can ensure that consumers benefit from the next killer app.
When Chinese imports sharply rose from 2000 to 2007, American manufacturing jobs suffered, but other sectors benefitted, leading to a net increase in U.S. welfare.
Instead, argues Yale SOM’s Fiona Scott Morton, the government should exercise its regulatory powers to promote competition.