If the large mutual funds are out to improve governance, why do they condone, if not encourage, seemingly excessive and performance-insensitive compensation packages? A new...
When calm, reasoned arguments, logical deductions, evidence and the like are not able to block Keynesian utility traps, ridicule might do the job.
Professional sports, like...
If lawmakers want to improve the dietary choices of Americans, the first thing they need to recognize is that the problem is not information.
(Note:...
Regulation and reputation are not independent of each other. Regulation can substitute, crowd out, or even implement the power of reputational concerns. A better understanding...
Most people in power choose nominees without any outside option, because such people are willing to do anything to be reappointed. Raghuram Rajan is...
In an unexpected move that will likely reverberate throughout India’s political system and financial sector, Rajan announced he will not seek a second term...
Uber’s chief advisor in a conversation with Chicago Booth professor Guy Rolnik: “We’re called a disruptive company—I think it’s more accurate to call us...
The Governor of India’s Central Bank, Raghuram Rajan, is attacked for fighting the inefficiency of the banking system.
In any country in the world, a...
The European Parliament is due to formally adopt a cross-party report that is strongly critical of accounting standard-setting institutions, in particular the International Accounting...