Today, the world’s richest person, Elon Musk, is worth $419.4 billion, roughly 21 times as much as Tsutsumi at his peak and more than two million times as much as the median net worth of an American ...

Of course, just as the benefits of any institutional structure can take years to have any real impact on economic performance, so too can the damage done take a long time to show up. Sir Niall ...

Speaking on the Capitalisn’t podcast with hosts Luigi Zingales and Bethany McLean, Fama didn’t mince words about why Bitcoin—and all cryptocurrencies—are fundamentally unsustainable. “Cryptocurrencies ...

The decline of responsible leadership in our society is a pressing issue, reflecting broader economic, political, and cultural challenges. Traditionally, responsible leadership has embodied ...

We survey 1,050 CFOs in the U.S., Europe, and Asia to assess whether their firms are credit constrained during the global credit crisis of 2008. We study whether corporate spending plans differ ...

The gut reaction that a manager has when an employee announces their resignation is telling. Sometimes it is genuine dismay: the person leaving is a star. Sometimes disappointment is mixed with ...