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The Zero-Beta Interest Rate

Sebastian Di Tella, Benjamin Hébert, Pablo Kurlat, Qitong Wang
Journal of Political Economy July2026 Vol. 134 Issue 7
Journal Article

Tightening up Under Threat: Social Class Shapes the Strength of Norms

Ying Lin, Jesse R. Harrington, Michele J. Gelfand
Journal of Personality and Social Psychology July2026
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February 12, 2021
Video

William Eaton, MBA ’75: “My Art Form Starts with Trees”

Four decades ago, Eaton drafted a business plan that became the blueprint for the Roberto-Venn School of Luthiery. Today he still runs the place, making one-of-a-kind guitars.
Bill Eaton playing guitar. Credit: Second Peninsula
January 15, 2021
Written

Back to Class: I’m Just a Bill

Pretending to be lawmakers, students hone negotiating skills that work in the boardroom as well as the back room.
Matt Rickard presenting in the I'm Just a Bill class. Credit: Courtesy Stanford GSB
January 14, 2021
Written

2020 Stanford MBA Employment Report Shows Strong Outcomes

Despite the economic challenges of the global pandemic, the job market for Stanford GSB graduates remained robust.
A student working in an outdoor study space at Stanford GSB. Credit: Elena Zhukova
January 11, 2021
Written

Paul Oyer and Kathryn Shaw Reflect on the Legacy of Pioneering Economist Edward Lazear

“Eddie’s natural ability to see, analyze, and explain all the economics of any given situation was truly remarkable, and a textbook example of comparative advantage.”
Ed Lazear. Credit: Nancy Rothstein
December 04, 2020
Written

2020 in 12 Images

Visual highlights of our campus and community from a tumultuous year.
A shot from above looking down at red boots on the Phil Knight Plaque in Town Square. Credit: Toni Bird
December 04, 2020
Written

Matteo Maggiori Wins 2021 Fischer Black Prize

This biennial award recognizes outstanding contributions from a financial economist under age 40.
Matteo Maggiori. Credit: Courtesy Matteo Maggiori
December 02, 2020
Video

Hard Lesson: COVID-19, the Wedding Crasher

In early 2020, Molly Kang, MBA ’15, was poised to upend the wedding industry with a direct-to-consumer bridal dress company. Then came social distancing.
Photo by Steve Goldbloom
November 25, 2020
Written

Trailblazing Economist and Presidential Adviser Edward Lazear Dies at 72

Described as “perhaps the foremost labor economist of his generation,” professor Edward P. Lazear passed away from pancreatic cancer on Nov. 23.
Edward Lazear. Credit: Nancy Rothstein
November 16, 2020
Written

Yvonne Romero da Silva, MBA ’04: What Matters to Me Now and Why

“I came to realize that one could catalyze change on multiple levels.”
An illustration of a woman leader guiding students over a diploma "bridge." Credit: Illustration by Kim Salt.
November 01, 2020
Written

Maker: La Monarca Bakery — The Smells and Flavors of Home

Ricardo Cervantes and Alfredo Livas both grew up in Mexico but didn’t meet until Stanford GSB. They agreed on one thing: They missed the bakeries of their youth.
Alfredo Livas (left) and Ricardo Cervantes (right). Credit: Steve Goldblum
October 30, 2020
Written

Office Artifact: Saumitra Jha’s Arabic Astrolabe

How a medieval navigation tool symbolizes the link between world trade and inter-ethnic harmony.
Saumitra Jha holds a brass astrolabe — a navigational tool used by medieval traders — that he bought while doing research in the port of Cochin, India.| Elena Zhukova
October 29, 2020
Written

Alumni and Students Recognized for Their Impact

Meet the alumni and students who are making a difference in finance, social entrepreneurship, healthcare, technology, and media.
October 12, 2020
Written

David Kreps Lauds 2020 Nobel Laureate Robert Wilson

“Bob brought economic theory to the real world, both as a mechanism for understanding ‘how things work’ and then in the design of better institutions.”
Robert Wilson. Credit: Elena Zhukova
October 12, 2020
Written

Stanford Economists Paul Milgrom and Robert Wilson Win the Nobel in Economic Sciences

The Royal Swedish Academy of Sciences cited the pair for improvements to auction theory and inventions of new auction formats.
Robert Wilson, left, and Paul Milgrom | Credit: Andrew Brodhead
October 09, 2020
Written

On Your Mark, Get Set … Innovate

Stanford Rebuild, a two-month “innovation sprint” triggered by COVID-19, drew more than 5,000 proposals from entrepreneurs worldwide.
Mothers carrying their newborn babies queue for a check-up inside the maternity ward of the government-run Dr. Jose Fabella Memorial Hospital in Manila, Philippines. REUTERS/Eloisa Lopez
October 06, 2020
Written

Five MBA Students Named 2021 Siebel Scholars

This year’s Siebel Scholars — Brian Aoyama, Mariana Martins, Bianca Pinasco, Austin Ward, and Joshua Young Yang — are well poised to contribute to humanity.
2021 Siebel Scholars. From left to right: Bianca Pinasco, Joshua Young Yang, Austin Ward, Mariana Martins, Brian Aoyama. | Photos courtesy of Siebel Scholars
October 05, 2020
Written

Dare Ladejobi, MSx ’20: Building a COVID-19 Response into a HealthTech Solution for Millions

The 2020 Social Innovation Fellow’s multi-channel tool has potential for broad use in bringing affordable healthcare to emerging markets.
Dare Ladejobi, MSx ’20. Credit: Adeolu Osibodu
September 29, 2020
Written

Susan Athey Honored for Innovative Market Research

Stanford Graduate School of Business professor and economist recognized for pioneering and innovative scholarship on markets.
Susan Athey. Credit: Tricia Seibold
September 25, 2020
Written

Working and Learning Around the World, Remotely

An unprecedented number of Stanford GSB students spent summer internships working at companies in emerging markets.
Ilana Walder-Biesanz speaking to a colleague at CreditRegistry in Nigeria. Credit: Courtesy Ilana Walder-Biesanz
September 21, 2020
Written

Kimberly Schreiber, MBA ’20: Tech-Powered Service Navigation for People with Developmental Disabilities

NeuroNav’s service navigators and software curate options and unlock government funding to meet client goals.
Kimberly Schreiber, MBA ’20. Credit: Stacy Gieken
August 20, 2020
Written

Mohammad Akbarpour Named a 2020 Sloan Research Fellow

The fellowship recognizes Akbarpour’s promising explorations that bridge computer science and economic theory.
Mohammad Akbarpour. Credit: David Elliot
August 12, 2020
Written

By the Numbers: How Stanford GSB Shifted to Virtual Teaching

A numerical recap of the weekend when the school moved its courses online.
A woman takes a zoom call. Credit: Elena Zhukova
August 06, 2020
Written

“Half of the Patients We Work with Are Now Facing Serious Financial Difficulties”

Karin Underwood, MBA ’19, founded CoachMe to help low-income Americans improve their health-related behaviors.
Illustration of a person doing workout with weights guided by a personal trainer on their laptop. Credit: Irene Servillo
August 06, 2020
Written

How We Adapted

If you want to move a business school’s curriculum online in a single weekend, you better practice what you teach.
Illustration of people on varying platforms lifting each other up, lifting weights, and doing power poses. Credit: Irene Servillo