Experts from academia and industry gathered at the University of Oxford to revisit what went wrong in the run-up to the 2008 financial crisis, whether the actions that were taken since seem sufficient, and the risks that might forestall a new crisis.
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The costliest midterm election in US history ends with a victory for Democrats—and for money in politics in general; Amazon and Apple crack down on third-party refurbishers, raising antitrust concerns; and was Amazon’s HQ2 stunt really just a “con”?
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Quadir, known for betting against Valeant in 2015, will discuss short selling, exposing corporate fraud and thriving in a sometimes-reviled industry lacking diversity in a conversation with Luigi Zingales.
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Economic theory tells us that firms are more likely to exploit labor market power than product market power in the United States today. And it tells us that the government should devote more resources to labor market litigation than to product market litigation.
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Vice Chancellor Travis Laster of Delaware Chancery Court has recently cautioned that while courts have given greater deference to market price in appraising fair value, this approach does not elevate “market value” to the governing standard under Delaware’s appraisal statute. The Judge asked for further economic evidence and framework, and his caveat begs at least three questions, write Dirk Hackbarth and Bin Zhou.
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Facebook is still open to manipulation by malicious political actors; the dialysis industry has spent over $100 million to fight a ballot measure that seeks to regulate it; AT&T does everything it promised not to do in its defense of the Time Warner merger; and can tech workers help police their own employers?
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Are there really no atheists in foxholes? A new paper looks at the effects of military combat on American service members’ religiosity—and its results do indeed offer some support for that old adage.
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Facebook’s failure to curb the massive disinformation campaign that preceded Jair Bolsonaro’s election victory shows that it is unable to control the dangerous consequences of its own dominance.
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A lawsuit claims that Facebook inflated video metrics to lure advertisers. Facebook denies, but it’s worth noting that it would be much easier for Facebook to defraud advertisers than for any of its predecessors in traditional media.
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Corporate executives warm up to Brazil’s far-right presidential candidate Jair Bolsonaro; the US is developing into a “plutocracy,” says former Fed chairman; Tim Cook blasts Silicon Valley’s “data-industrial complex”; and what is McKinsey’s relationship with Saudi Arabia?
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Many have attributed the success of the far-right Sweden Democrats to Sweden’s open immigration policy. Instead, a new study shows that income inequality and labor-market conditions may have fueled the rise of the Swedish radical right.
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Does a degree really add to students’ skills or simply point employers toward students who were clever enough to get accepted?
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