The White House Council of Economic Advisers claimed in a report released last week that the cuts to the corporate tax rate contained in the Republican tax-reform proposal would raise average annual household incomes by more than $4,000. Jason Furman says these are wild claims that don’t add up.

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.