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finance



  • When University Leaders Fail

    by François Furstenberg

    A university governed by long timelines and long-term thinking grows conservatively and cautiously and prepares itself prudently for potential crises. If you turn a university into a giant corporation, on the other hand, it will rise and fall with the business cycle.



  • The Death of the Central Bank Myth

    by Adam Tooze

    A financial historian argues that it's time to see institutions like the European Central Bank and the Federal Reserve as political actors and question how and why they act.



  • The Normal Economy Is Never Coming Back

    by Adam Tooze

    The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply.