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January 2009
Highlights
- Depression Babies: Economic Experiences Affect Investment Behavior
- Securities Class Action Suits Risk
- Risk Taking Is Necessary Says Dimon of JP Morgan Chase
- Demystifying the Implications of U.S. Supreme Court Appointments
- Overhaul Export and Visa Controls Obama Advised
- Acquiring Power Motivates People to Act
- Wages and Productivity Thrive When Developing Countries Open Their Stock Markets
- Saving Babies in the Third World
- Greenhouse Gas Emissions Will Hurt California
- Climate Threatens Crops in the Tropics
The Economy
Depression Babies: Experiences Affect Investment Behavior
Personally experiencing something like the Great Depression has a significant impact on how we invest our money for the rest of our lives says Stefan Nagel, Business School finance professor.
Securities Class Action Suits Rise
Federal securities class action lawsuits increased 19 percent in 2008, with almost half involving firms in the financial services sector according to the annual report prepared by the Stanford Law School Securities Class Action Clearinghouse in cooperation with Cornerstone Research.
Risk Taking Is Necessary Says Dimon of JP Morgan Chase
"You've got to decide what you want to do and what happens if it goes wrong," says Jamie Dimon of JP Morgan Chase. Any CEO worth his salary knows risk-taking is necessary; it's the details that determine the outcome.
The New Administration
Demystifying the Implications of U.S. Supreme Court Appointments
Despite pundits who argue the retirement of even one justice could reconfigure the court,a study finds that most U.S. Supreme Court appointments have little or no immediate effect on policy.
Overhaul Export and Visa Controls, Obama Advised
The National Research Council urges President Barack Obama to issue an executive order directing the government to overhaul outdated export and visa controls that harm national security and economic prosperity. Stanford University President John Hennessey is co-chairman of the committee releasing the report.
Acquiring Power Motivates People to Act
In the wake of Barack Obama's "yes we can" victory, a new study from the Stanford Graduate School of Business says that acquiring a position of power is the prime mover for most individuals' decisions to act.
The World
Wages and Productivity Thrive When Developing Countries Open Their Stock Markets
When a developing country opens its stock market to foreign capital, the resulting economic effect promotes salary growth and lets that nation realize an even more rapid growth in productivity, according to a study of 18 developing nations by economist Peter Henry.
Saving Babies in the Third World
Young alumni have turned a class project into a fledgling company creating low-cost incubators designed to save babies in parts of the world where traditional incubators are not an option.
The Environment
Greenhouse Gas Emissions Will Hurt California
A continuing rise in greenhouse gas emissions will put enormous strain on California's water supply and energy systems and have a devastating impact on certain crops say Stanford researchers.
Climate Threatens Crops in the Tropics
Rapidly warming climate is likely to alter crop yields in the tropics and subtropics by the end of this century, leaving half of the world's population at risk for serious food shortages, according to a study co-authored Rosamond Naylor, director of Stanford's Program on Food Security and the Environment.

