The regulatory system overseeing the financial technology industry is a tangle of multiple agencies and inconsistent rules. Karen Mills and Brayden McCarthy propose a six-point plan to regulate online lending.
As recent headlines suggest, managing the tension between pride and arrogance is one of the most difficult, sensitive issues facing top executives. James Heskett asks what leaders can do to check pride in an organization from becoming arrogance.
Samuel G. Hanson, David S. Scharfstein, and Adi Sunderam develop a new model for government cost-benefit analysis, showing that distortionary taxation impacts the optimal scale and pricing of government programs.
Samuel G. Hanson, David S. Scharfstein, and Adi Sunderam
Many policymakers believe lliability laws need reforming so that medical device makers are free to innovate without threat of costly lawsuits. But new research by Hong Luo and Alberto Galasso suggests innovation is not thwarted--just rechanneled.