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  • 01 Dec 1996
  • News

Intellectual Debate: The Business of Business

should be the firm's only motivation if social welfare is to be maximized - provoked a round of spirited discussion centered on the social role and responsibilities of corporations. The next session, on "Ethics, Economics, and... View Details
  • 02 Dec 2009
  • What Do You Think?

Should Immigration Policies Be More Welcoming to Low-Skilled Workers?

and importing unskilled workers to keep costs low takes away the initiative for technological advances ." And Sam Heffner, invoking the noted economist, Milton Friedman, pointed out that "before he died, the great Dr. Friedman acknowledged that in a (more or... View Details
Keywords: by Jim Heskett
  • 30 Apr 2007
  • Research & Ideas

All Eyes on Slovakia’s Flat Tax

foreign direct investment and for sustainable economic growth? These questions and more are explored in a forthcoming business case coauthored by Alfaro along with HBS professor Rafael M. Di Tella, Executive Director of the HBS Europe... View Details
Keywords: by Martha Lagace
  • December 1969
  • Article

A Golden Golden-Rule for Welfare-Maximization in an Economy with a Varying Population Growth Rate

By: Robert C. Merton
Keywords: Welfare; Economy; Growth and Development
Related
  • Article

Making Seconds Count: When Valuing Time Promotes Subjective Well-being

By: Alice Lee-Yoon and A.V. Whillans
Time is a finite and precious resource, and the way that we value our time can critically shape happiness. In this article, we present a conceptual framework to explain when valuing time can enhance vs. undermine well-being. Specifically, we review the emotional... View Details
Keywords: Time; Happiness; Welfare; Money; Value; Well-being
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  • 01 Apr 2000
  • News

HBS Global Conference Set for Berlin in June

moderate discussions among prominent business leaders from around the world. The topics to be considered -- such as "The Future of the European Welfare State," "Entrepreneurship in Europe," "Corporate Governance: Converging toward a... View Details
  • 23 Jul 2024
  • Research & Ideas

Forgiving Medical Debt Won't Make Everyone Happier

people with health insurance often are saddled with medical debt. Policymakers have taken notice, and in an election year amid an uncertain economy, health care, debt, and economic mobility are all hot issues. A comedy show discovery... View Details
Keywords: by Rachel Layne; Health
  • 01 Mar 2006
  • News

The Real Conflict

economic pie available to be divided among its various stakeholders, instead of just slicing up a fixed pie in a way that favors one group over another. Consider, for example, the conclusions of the McKinsey Global Institute’s study of... View Details
Keywords: Pankaj Ghemawat; Ken A. Mark; Miscellaneous Store Retailers; Retail Trade
  • 24 Jul 2014
  • Op-Ed

Reform Tax Law to Keep US Firms at Home

economic activity away from the US. In fact, the evidence suggests the opposite as firms expand globally, they also expand domestically. Indeed, American welfare can be advanced by ensuring that investments... View Details
Keywords: by Mihir Desai; Pharmaceutical
  • 30 Aug 2016
  • First Look

August 30, 2016

impatience parameter is calibrated to local interest rates. A quantitative exercise calibrated to Brazil finds welfare gains of the optimal fiscal policy to be economically substantial, and the optimal rule... View Details
Keywords: Carmen Nobel
  • 06 Aug 2024
  • Op-Ed

What the World Could Learn from America's Immigration Backlash—100 Years Ago

welfare state. Restricting immigration would require budget cuts that would harm natives by reducing pension benefits or increasing the age of retirement, for example. “It’s thus impossible to conclude that immigration has no View Details
Keywords: by Marco Tabellini
  • 2006
  • Chapter

The Microeconomic Foundations of Prosperity: Findings from the Business Competitiveness Index

By: Michael E. Porter, Christian H.M. Ketels and Mercedes Delgado-Garcia
Keywords: Microeconomics; Welfare; Competitive Advantage; Globalized Economies and Regions
Related
  • Student-Profile

Rowan Clarke

Rowan Clarke (he/him) began his academic career at the University of Cape Town in South Africa, where he earned both a bachelor’s and master’s in economics. While working on the latter degree, he started to win research grants and connected with Innovations for Poverty... View Details
  • 25 Jul 2006
  • First Look

First Look: July 25, 2006

bring a gentler capitalism to post-apartheid South Africa. Like her other colleagues on the Black Economic Empowerment (BEE) Commission, Charnley believed that each black business executive had a responsibility to effect positive change... View Details
Keywords: Sean Silverthorne
  • April 2002 (Revised October 2002)
  • Case

The Blair Wealth Project: Antecedents and Prospects

By: Huw Pill and Ingrid Vogel
Discusses the macroeconomic and political situation in the United Kingdom from the end of World War II through 2001. Focuses on the interactions among macroeconomic performance, labor relations, the corporate governance system, and social services. In particular,... View Details
Keywords: Welfare; Corporate Governance; Labor and Management Relations; Government and Politics; Macroeconomics; United Kingdom
Related
  • 02 Sep 2014
  • Research & Ideas

Food Stamp Entrepreneurs: How Public Assistance Enables Business Bootstrapping

welfare services leads to an increase in the formation of new companies. (The paper cites a related example: author J. K. Rowling, who wrote the first Harry Potter novel while receiving welfare benefits in... View Details
Keywords: by Carmen Nobel; Health
  • 08 Nov 2011
  • First Look

First Look: Nov. 8

Age-Dependent Taxes Author:Matthew C. Weinzierl Publication:Review of Economic Studies 78, no. 4 (October 2011) Abstract This article provides a new, empirically driven application of the dynamic Mirrleesian framework by studying a... View Details
Keywords: Sean Silverthorne
  • 23 Jun 2009
  • First Look

First Look: June 23

and Jonathan T. Kolstad Publication:American Economic Journal: Economic Policy (forthcoming) Abstract We consider the welfare economics of firm... View Details
Keywords: Martha Lagace
  • 20 Oct 2009
  • First Look

First Look: October 20

cost, but is also a function of the competitiveness of the upstream economy. Moreover, the presence of a gray market competitor may cause unintended social welfare consequences when domestic governments mandate the use of arm's length... View Details
Keywords: Martha Lagace
  • 04 Aug 2009
  • First Look

First Look: August 4

http://www.hbs.edu/research/pdf/10-004.pdf What Should GAAP Look Like? A Survey and Economic Analysis (revised) Authors:S.P. Kothari, Karthik Ramanna, and Douglas J. Skinner Abstract Based on extant literature, we articulate a positive... View Details
Keywords: Martha Lagace