Finance
From Politics to Macroeconomics and Beyond
Alberto Alesina’s curiosity and intellect led him to a research path that opened up entire fields of research and deepened our understanding of political...
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...
Virus-Enhanced Market Power: American Small Businesses Are Kept Hostages by Amazon
Amazon announced restrictions on the type of merchandise it will allow sellers and vendors to send into its warehouses because Amazon’s fulfillment services (FBA) has reached...
Five Conditions for Corporations About to Receive Coronavirus Bailouts
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
Bethany McLean’s Weekend Reading List: Flash Crash, Alaska, and Venture Capital
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.Â
Remember the flash crash of 2010? Here's...
Over 60 Leading Finance Economists Ask SEC to Revise the Shareholder Voting Draft Reform
The new regulation that Security and Exchange Commissioners voted in November doesn't fix proxy advisory industry duopoly problems, but it actually makes them worse:...
New Rules on Shareholder Voting Debate: Best Readers' Comment
The draft SEC regulation on shareholder proposal and proxy advisory firms will curb the initiative of individual shareholders to improve corporate governance and transparency...
“The Question Is Whether We Live in a Democracy or a Corporate State”
In an interview with ProMarket, Goliath author Matt Stoller discusses the political choices that led to the downfall of the American antimonopoly movement and the “addiction to...
“Is the Market Actually Efficient? No, It Is Only a Very Powerful Narrative”
A conversation with Nobel Prize laureate Robert Shiller on his new book, Narrative Economics: "Economists do not study narratives systematically, but they shape the...
The SEC Proposal on Proxy Advisory Firms Will Provide Greater Transparency and Accountability
Proxy advisory firms lack transparency and their recommendations are not always in shareholders' interests. However, despite their poor performance, the two biggest firms' market...
