Even competition is bad for consumers when the prize is monopoly
"Large, superstar firms have really long lasting power. This gives them room for what we call collusive competition or implicit collusion."
"Large, superstar firms have really long lasting power. This gives them room for what we call collusive competition or implicit collusion."
Prof. of the Practice Zeynep Ton's research shows, among other things, the perils of being too lean.
"There is nothing automatic about new technologies bringing widespread prosperity."
"Sloan Fellows have very little core coursework, so that they can design and craft their own curriculum based on what they are interested in."
"Given the current labor market, people feel they can find other jobs which have better conditions and are willing to take the risk of leaving."
Real wages typically take a hit before recovering to their old level. America appears to be making progress, the old continent remains behind.
"All SPACs aren't bad, but a lot of them were bad because they should never have been public to begin with."
Names can reduce the historical stigma of "flex work" arrangements, typically associated with mothers and often viewed as a career-limiting move.
Private funding of research that allows for longer-term research agendas might help scientists make more groundbreaking discoveries.
"Greater diversity and inclusion is good for the bottom line and good business."