Economics

Project Syndicate -
08.22.12
Writing for Project Syndicate, the Stanford GSB's David Brady and Dean Emeritus Michael Spence examine why governments are struggling to take bold action on the global economy.
Wall Street Journal -
07.31.12
In the Wall Street Journal, Edward Lazear discusses how Barack Obama and Mitt Romney will debate the economic numbers.
Council on Foreign Relations -
07.23.12
On the Council on Foreign Relations' development blog, the Stanford GSB's Stefanos Zenios and Lyn Denend explore the challenges of bringing high-quality health care to developing economies.
photo of faculty and student
Award-winning economist Susan Athey, noted econometrician Guido Imbens, corporate finance expert Joshua Rauh, and others to join Stanford GSB faculty.
Charles Lee faculty award photo
Stanford GSB students honor Dirk Jenter, Charles Lee, and Jeremy Bulow for their memorable teaching.
YouTube -
05.30.12
At Stanford, book author and columnist Tom Friedman discusses how America lost its way in the world it invented and how it can come back.
photo of MRI
Abbott’s John Capek discusses health care device regulation, transparency, and the critical relationship between physicians and their patients.
Bill Frist
A conversation on health care innovation with former Senate majority leader and surgeon Bill Frist.
Tony Blair photo
Former British Prime Minister Tony Blair discusses the importance of partnerships in working with African nations.
YouTube -
05.15.12
At the Stanford Graduate School of Business, Citigroup CEO Vikram Pandit discusses the financial crisis, leading complex organizations, and the "tremendous uncertainty ahead of us."

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Ed Lazear photo
Writing in the Wall Street Journal, Edward P. Lazear puts today's economic recovery in historical context.
Researchers share results and ideas for tackling extreme poverty through innovations in institutions, management, and technology
David Brady photo
Professor David Brady explained to an alumni audience how the “Guns and Butter” model of predicting elections tells just part of the story.
Robert J Flanagan photo
In a new book, economics Professor Robert Flanagan explains why symphony orchestras need multiple strategies to keep their finances from ballooning out of control. 
Justin Finnegan, MBA '09
Mountain Hazelnuts of Bhutan has set its sights on a triple bottom line: financial gain for investors, alleviating poverty among farm families, and restoration of an eroded, hilly landscape.
Matt Rothe
Matt Rothe, MBA '07, who watched his family sell their Colorado farm after five generations of ownership, today gives Stanford students lessons in eating smart as sustainable food program manager for Stanford Dining Services.
Egon Durban
The U.S. economy is still sluggish, but venture capitalists who spoke at Stanford said the outlook for investing is bullish.
David Miliband and Condoleezza Rice co-teach a class on crisis management.
They had eyewitness accounts as a class of MBA students at the Stanford Graduate School of Business pondered topics like the Euro financial crisis and approaches to combating terrorism in a classroom. Their faculty members were former U.S. Secretary of State Condoleezza Rice and British Labour Party member David Miliband.
Nobel Laureate and Stanford Graduate School of Business emeritus faculty member William F. Sharpe has been honored for the fifth time with the Graham and Dodd Award of Excellence. Established in 1960 by the Financial Analysts Journal the award recognizes excellence in financial writing.
Gerald M. Meier
A leading figure in the evolution of development economics who authored books on the subject well into his eighties, Gerald M. Meier, the Konosuke Matsushita Professor of International Economics and Policy Analysis, Emeritus, at the Stanford Graduate School of Business, died from complications of a malignant brain tumor at his home on the Stanford campus.

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Text of Op-Ed Published in Financial Times
Observers of Silicon Valley have always assumed that the most successful companies get their competitive edge by paying their star employees more than the competition to fuel innovation. Now research, co-authored by Professor Kathryn Shaw, and using the academic field of insider econometrics, has been able to prove that this assumption is indeed true.
Permissive bankruptcy laws, not bad business downturns, seem to be the greatest cause of corporate bond defaults, according to Professor Ilya Strebulaev, co-author of a study that researched 150 years of figures.
A new study argues that household stock ownership decreases as the tax benefits associated with owning stocks inside a pension plan increase. The trend applies around the globe, says Stanford Graduate School of Business Professor Ilya Strebulaev.
Text of Letter Published in Financial Times
The likelihood of temporary shocks, such as the 2006 contamination that shut down spinach growers, contributes in previously unexplored ways to CFOs? conservative approach to debt financing. In fact, says coauthor Ilya Strebulaev, managers should be even more focused on risk management.
Virtue seems to pay according to Professor Charles M.C. Lee whose research shows that publicly-held firms in countries perceived as less corrupt trade at bigger market premiums than those in places deemed more corrupt.
(This paper has sparked discussion. View other material related to this topic)
Generalists, men and women who have amassed experience with a broad spectrum of management areas, stand a better chance of making it to top management positions than those with more specialized resumes, says economist Ed Lazear of the Stanford Graduate School of Business.

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