Federal stimulus favors wealthy investors and major companies
BY ROBERT POZEN, OPINION CONTRIBUTOR
BY ROBERT POZEN, OPINION CONTRIBUTOR
by Daniel Greenwald, Assistant Professor of Finance at the MIT Sloan School of Management. More countries should follow Denmark’s example. As the Covid-19 pandemic brings the U.S. economy to a standst
“Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those most in danger of losing their […
Bloomberg Business Week. Deborah Lucas says, “You don’t want to blow up viable, going concerns, and that’s the biggest risk in the current situation. It’s worth paying a lot to […]
By Douglas Criscitello / With taxpayers at risk for $20 trillion in loans and insured obligations, worth more than the five largest American bank companies combined, the United States government...
WSJ Wealth Expert Antoinette Schoar of MIT discusses her research on the quality of financial advice commonly given to clients.
While large numbers defy comprehension, Americans should try to wrap their minds around the huge sums of money owed on the fastest growing segment of the federal budget. The interest […]
MIT Sloan Professor Emeritus Thomas A. Kochan of the MIT Institute for Work and Employment Research (IWER) co-leads this executive education Course with MIT Professors David Autor and Sandy Pentland.
GCFP Banking Reform Clearinghouse (BRiC)
It’s no secret Washington tried to prevent an even deeper economic collapse by launching a $787 billion stimulus program in 2009. What’s much less appreciated is how the federal government [...]