The Trump approach to the economy is anything but conservative, write Yale SOM’s Jeffrey Sonnenfeld, former Procter & Gamble CEO John Pepper, former Xerox CEO Anne Mulcahy, former Medtronic CEO Bill George, and Laura Tyson, former chairman of the White House Counsel of Economic Advisers.| Yale Insights
Leverage-induced fire sales contributed to the worst stock market crashes in history. Prof. Kelly Shue studied account-level data from the Chinese market crash in 2015 to illuminate how much leverage matters.| Yale Insights
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that FTC chair Lina Khan’s attempts to block mergers are draining economic value—and consistently failing in court.| Yale Insights
New research suggests that the population of undocumented immigrants in the United States may be 22 million, nearly twice what has been believed.| Yale Insights
Yale Insights is published by Yale SOM, covering a wide range of topics at the intersection of business and society.| Yale Insights