The liquidation of government debt. Carmen Reinhart, March 2011, Paper. "Historically, periods of high indebtedness have been…
Many previous experiments have found that, consistent with myopic loss aversion, subjects invest more in risky assets if they are given…
When risks threaten, cognitive mechanisms bias people toward action or inaction. Fearsome risks are highly available. The availability bias…
From Social Control to Financial Economics: The Linked Ecologies of Economics and Business in Twentieth Century America. Rakesh Khurana,…
Bank Credit And Business Networks. Asim Ijaz Khwaja, March 1, 2011, Paper. "We construct the topology of business networks across the…
Monetary Policy as Financial-Stability Regulation. Jeremy Stein, March 2011, Paper. "This paper develops a model that speaks to the…
Many fear that democracies are suffering from a legitimacy crisis. This book focuses on "democratic deficits," reflecting how far the…
On Jan. 19, 2007, my wife, Rosemary, and I spent several hours with Col. Moammar Gadhafi in his tent in the Libyan desert, sipping tea and…
Iris Marion Young died in August 2006, at the age of only 57. Responsibility for Justice further develops some themes that have been…