Politics and Policy
Biden Should Go on Offense—Without Being Offensive
Yale leadership expert Jeffrey Sonnenfeld and his co-author Steven Tian argue that President Joseph Biden has a strong record of economic accomplishment, and he should tout that at the first presidential debate rather than rely on populist attacks on big business.
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.
By Intervening in Disciplinary Process, Trump Weakens Military Command Structure
Leadership experts Jeffrey Sonnenfeld of Yale SOM and General Thomas Kolditz of Rice University write that Trump’s interference in the Gallagher case violates a key principle of military law and undermines the military command structure.
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.
For a Path to a Decarbonized Economy, Look to the States
Robert Klee, a lecturer at Yale and the former commissioner of the Connecticut Department of Energy and Environmental Protection, says that state-level approaches to the climate crisis provide a roadmap for a 10-year, trillion-dollar effort to put the U.S. on a path to decarbonization.
To Prevent Financial Crises, Regulate Short-Term Debt
Yale SOM’s Gary Gorton argues that financial crises happen because short-term lending, while essential to the economy, is also vulnerable to panic when parties lose confidence in each other. In a new paper, Gorton proposes a method of regulating short-term debt and preventing future crises.
Can Antitrust Enforcement Protect Digital Consumers?
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.
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.
Equalizing School Spending Boosts Lifelong Income
School finance reforms that equalize spending across rich and poor neighborhoods improve the long-term economic outcomes of disadvantaged children.
Three Questions: Prof. Vahideh Manshadi on Improving Kidney Donation
This month, the Trump administration announced a series of steps to overhaul the kidney transplant system. We asked operations expert Vahideh Manshadi if the changes could make a difference for patients.
Why ‘Breaking Up’ Big Tech Probably Won’t Work
Instead, argues Yale SOM’s Fiona Scott Morton, the government should exercise its regulatory powers to promote competition.
