Why Trump is so Clumsy about Fighting ‘Free Trade’
It’s important to note that any policy pronouncement from this president is done within the paradigm of a real estate wheeler-dealer who sees deals of any kind as a zero-sum game. But this takes time. …
Stock Buybacks Hurt Workers and the Economy
Most recently, from 2007 through 2016, stock repurchases by 461 companies on listed on the S&P 500 totaled $4 trillion, equal to 54 percent of profits. In addition, these companies declared $2.9 trillion in dividends. …
Influencing the Influencers of the Economy
Diversification can be risky, as it extends a firm’s identity across multiple categories. This study examines cultural and symbolic strategies used to mitigate such risks by managing the emergence of multiple identities. …
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