Finance

This paper explains how hedge-fund activists are exerting power over corporate resourceallocation far in excess of the actual voting power of their shareholdings.

Places hit hardest by austerity cuts were more likely to vote for UKIP and Leave

James Galbraith says academic economics is in need of radical reform

Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors

The social and medical sciences depend on randomised control trials – though they face more assumptions and biases than commonly thought.

Was Martin Luther King a socialist? New book may surprise you.

This three-day summer academy and annual meeting of the Finance, Law, and Economics Working Group aims to bring together graduate students and young professionals pursuing careers in international economic law. By learning from prominent academics and practitioners in the field, participants will develop the fundamental skills to handle multi-jurisdictional and interdisciplinary issues, while broadening their networks. After successful attendance, YSI FLE will issue the corresponding certificates.

Matias Vernengo explains how economic crises reveal the nakedness of neoliberal policies

Fast Company covers Michael Greenberger’s paper for INET on how banks evade regulation of credit default swaps

YSI is hosting sessions at the 2018 STOREP conference.

Fred Block says capitalism is not an unchanging monolith—which means we can make it better

When politics is defined in terms of “populism” vs. “the mainstream,” the possibility for real economic reform is diminished.

70 years ago today, Edward A. Tenenbaum helped pull off an astounding feat—successfully reforming Germany’s currency after World War II

Michael Greenberger says unregulated credit default swaps could take down the economy—and taxpayers—again

By evading regulation of credit default swaps, the major U.S. banks put taxpayers—and the entire economy—at risk