Who Should Corporate Managers Serve?
The dominant answer since the 1970s: shareholders and shareholders alone. But thoughtful analysts of the corporate manager role once had a much more egalitarian perspective.
Causal Factors
When Sears Shared
America’s largest retailer spread the wealth around back in the 1950s and prospered. Today’s Sears is concentrating wealth — and crashing.
Success and Luck
A top economist reflects on the role luck plays in our lives — and why so many people of grand fortune balk at acknowledging good fortune’s importance.
Fun at the Frontier
The world has a hot new explanation for inequality that’s warming the hearts of the deep pockets who’ve benefited the most from the inequality we already have.