Gauging the macroeconomic impacts of the 2017 tax reform bill

In a new study, Professor Jason Furman examines how the most sweeping set of tax changes in decades will affect GDP, real wages, capital, and labor, concluding that the law is flawed by its failure to raise revenues.

Transforming the corporate mission

We have a hundred years of research on how to maximize commercial value, Julie Battilana argues. It’s time to focus on understanding how to generate social value and what it takes to be the kind of change-maker that can do that.

A strong dollar may well be only America’s problem

China and the EU are not likely to rush into a multilateral accord to lower the value of the dollar, argues Carmen Reinhart, Minos A. Zombanakis Professor of the International Financial System.