Culture & Society

Global Supply Chain Disruptions: A Webinar With Penny Goldberg, Former Chief Economist of the World Bank

Princeton professor Markus Brunnermeier and Yale professor Penny Goldberg, former chief economist of the World Bank, discuss the impact of Covid-19 on international trade and...

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...

Bethany McLean’s Weekend Reading List: Mental Health, Privacy, and Machine Learning

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.  Happy Saturday, or whatever day it is....

A New Capitalisn’t Episode: Where Does the Money Come From? With Special Guest Eugene Fama

As Kate Waldock and Luigi Zingales predicted in a previous episode, the government is running out of money and will ask Congress for additional...

In Chile, It Is Always the Banks That Decide the Direction of Politics

Chile's government announced it would deliver $24 billion in state-guaranteed loans through the financial system to save companies at risk of bankruptcy due to the...

The Political Impact of the Pandemic on Open Societies: a Webinar With Tyler Cowen

Princeton professor Markus Brunnermeier and professor and blogger Tyler Cowen discuss the long-term implications of lockdown and contact tracing measures. "People at first grossly...

Europe’s Last Call, China’s PR, and a New Role for the State: a Conversation Between Luis Garicano and Luigi Zingales

Former academic and current Member of European Parliament Luis Garicano and Luigi Zingales discuss the future of the European Union and of its member...

How Has the Covid-19 Crisis Affected Hourly Workers at Small Businesses?

Since the coronavirus crisis began, firms have dramatically reduced employee hours. By March 28, total hours declined over 70 percent in states with the...

During a Pandemic, Beware the Man of One Model

"I have great respect for the scientific model builders who attempt at quantifying the uncertainty we face and those policy advisors who are willing to accept differences...

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...

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