Climbing out of the Aid Trap
Glenn Hubbard discusses how an old plan can become a new solution to help the world’s poorest nations lift themselves out of poverty — by putting business first.
How Big Is the Social Security Shortfall?
Adjusting for risk provides a better way to measure the value of future benefits.
How Fast Do Prices Move?
New research sheds light on the role monetary policy plays in the movement of prices and in stabilizing the economy.
Dealing with Detroit
Consolidating dealerships is a painful but essential step to rehabilitating the U.S. auto industry, argues Marcelo Olivares.
Accounting for Inflation Ambiguity
New research reveals that bond investors extract a premium not only for risk but also for uncertainty.
Living Longer and Prospering, for Less
New drugs and medical procedures account for much of the increase in the longevity of Americans — and haven’t increased the cost of care.
A Shortcut to Earnings
Investors can look to a firm's effective tax rate to yield clues to future earnings.
The Price of Competition
Antitrust laws aim to protect consumers and spur innovation by fostering competition, but in some industries ingenuity thrives under monopolists.
A Proposal for a Crisis Resolution Board
We can't predict the next crisis, say Patrick Bolton, Bruce Kogut and Tano Santos, but we can be prepared for it.