Politics and Policy
Companies That Receive State Subsidies Are More Likely to Break Workplace Laws
In a new study, Yale SOM’s Aneesh Raghunandan finds that state officials are then less likely to penalize companies that receive subsidies for corporate misconduct—and their leniency seems to encourage firms to ignore regulations.
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.
Three Questions: Prof. X. Frank Zhang on the Drop in Charitable Giving
Adjusted for inflation, charitable giving in the United States fell by 1.7% in 2018, We asked Prof. X. Frank Zhang what explains the decline and how policymakers can encourage more giving.
Three Questions: Prof. Cristina Rodríguez on the Immigration Crises
Is there a crisis at the U.S. southern border? We asked Cristina Rodríguez of Yale Law School, whose research interests include immigration law and policy, to shed light on the reality behind the divisive politics.
Forgiving Debts May Boost Employment During Recessions
In an analysis of the Great Recession, Yale SOM's Paul Goldsmith-Pinkham and his co-authors found that debt relief increased employment by up to 2% nationwide.
Think Biden and Trump Are Too Old for the White House? Take a Look Around.
Yale SOM’s Jeffrey Sonnenfeld points to research on the strengths of older people and the accomplishments of politicians and business leaders in their 60s, 70s, and 80s.
