Economics
When Cash Isn’t an Option, Consumers Lose Out
Paper currency is associated with crime and tax avoidance, but low-income consumers often rely on it. New research from Yale SOM’s David Argente puts a figure on how much those consumers forfeit when governments ban cash payments.
Restricting Employment Restrictions
Research shows that limiting enforcement of non-compete agreements encourages entrepreneurship and economic growth.
What’s the Real Jobs Picture?
Yale SOM’s Lisa Kahn on the revolutionary shift in labor markets as automation and offshoring reshape work as we’ve known it.
What’s Behind a Rise in Ethnic Nationalism? Maybe the Economy
Yale’s Robert J. Shiller considers how slow wage growth and economic inequality may provide the fuel for the rise in ethnic nationalism across many countries.
What Happens When the Same Investors Own Everything?
Diversification means that in many industries, companies are owned by an overlapping set of investors, reducing their incentive to compete.
How Do You Enforce Antitrust Law in a Global Marketplace?
Professor Fiona Scott Morton, the former chief economist in the Antitrust Division of the U.S. Department of Justice, on the state of global competition law.
Why Is Healthcare So Expensive?
Yale’s Zack Cooper discusses new findings on what drives the high costs of healthcare and how to rein them in.
What’s the Price of Love?
Choosing a mate is a calculation that the benefits of further search are outweighed by the costs, says Paul Oyer ’89.
Can Cross-Sectoral Collaboration Reverse the Trend toward Income Inequality?
Income and wealth inequality in the U.S. has become a topic of widespread concern and discussion. A recent panel of Yale SOM alumnae posited that action from the federal government is unlikely. But the panelists found reason for hope in examples of the public, private, and nonprofit sectors collaborating to address the nation’s wealth gap.
What Will Climate Change Do to the Economy?
Modeling the economic consequences of climate change is difficult, uncertain work. In addition, any result is sure to be subjected to political attack. For decades, Yale's William Nordhaus has been developing models that can inform policy decisions.
What Does the Future of the European Union Look Like from Spain?
Former Spanish prime minister José Luis Rodríguez Zapatero discusses Spain’s long, difficult recovery from the global economic crisis and the lessons of the crisis for the future of the European Union.
