debt

How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations

Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff....

A New Capitalisn’t Episode: The Risk Of Reopening – a Reading List

Despite warnings from government and health officials, some states are choosing to begin reopening their economies this week by ending lockdown restrictions. In this...

The Hidden Risks of Stimulus Packages: Federal Debt Is Not a Problem – Until It Is

Most economists agree that some stimulus bill to mitigate the effect of the pandemic was a necessary evil (although they argue about how good the...

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...

Covid-19, Central Banks, and Debt Monetization: a Webinar With Olivier Blanchard

Princeton Professor Markus Brunnermeier and former IMF chief economist Olivier Blanchard discuss the impact of the current global health crisis on public finances and policy...

Bethany McLean’s Weekend Reading List: Walmart, Opioids, Oil Prices (and Coronavirus)

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. Oh my goodness, say it isn't so:...

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Antitrust and Competition

Is there a “California Effect” in Data Privacy Law? Why the EU is Not the World’s Privacy Cop

Jens Frankenreiter

It is common lore in data privacy law and other fields that stringent regulatory standards (such as the ones introduced in the...

Coronavirus

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That from Becoming the New Normal

Gabriele Gratton, Barton Lee

A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...

Corporate Governance

The Social Responsibility of Business Includes Profits

Alex Edmans

Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not...

Academic Capture

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance  

Renée Adams

One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...

Academic Capture

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

Luigi Zingales

On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in the political finance. Do you have...