Fredrik Erixon and Björn Weigel— Now, however, capitalism seems to have lost its founding spirit of enterprise. Four forces that guided the economy from the 1970s assisted in reducing the scope for experimentation and innovation. They are not the Four Horsemen of the Apocalypse, nor were they all undesirable, but
Tamim Bayoumi— US financial reformers faced a fundamentally different issue from those in Europe. Banks in Europe were under a flawed single system. The issues in the United States, on the other hand, centered on the dual nature of the pre-crisis banking system that contained a relatively tightly regulated core and
The “economy” has practically become a dirty word now. It’s usually the answer to the question, “What issue concerns Americans the most?” and has led to frantic searches for explanations. Whatever the “real” cause, one of the major scapegoats for the “Great Crisis,” as Gary Clyde Hufbauer and Kati Suominen call it, is globalization. In their book Globalization at Risk: Challenges to Finance and Trade, they argue that while globalization had a role in creating our current situation, we don’t have to send the Navy SEALs after it.
U.S. Governors and top environmental officials will meet tomorrow here at Yale University to exchange ideas on how states and the federal government can combat global warming and develop a strategy for future action. The gathering, organized in part by Yale Press author Gus Speth, will also celebrate the centennial
Episode 13 of the Yale Press Podcast is now available. Download Episode 13 In Episode 13, Chris Gondek speaks with (1) Richard Sennett, winner of the 2006 Hegel Prize for lifetime achievement in the humanities and social sciences, about the art of craftsmanship; and (2) Gus Speth, dean of the
“If anyone still harbors the fantasy that the business scandals of the past few years were the handiwork of just a few bad apples, they should read John C. Bogle’s Battle for the Soul of Capitalism,” writes Jeff Madrick in Sunday’s New York Times Book Review. Madrick’s review comes out