The latest
Why current accounting rules could stop banks from lending
Chicago Booth’s Haresh Sapra says that at a time when lending is crucial to keeping companies afloat, we should be careful not to repeat our past mistakes.
The crisis should not delay stricter accounting rules
Haresh Sapra says don’t put off new loan-loss standards; pair them with revised capital requirements.
How politicians and companies can regain trust
Crises are when credibility becomes paramount, says Chicago Booth’s Haresh Sapra.
Policy makers’ COVID-19 accounting gift to banks
Banks shouldn’t get relief from a controversial standard meant to discipline risk taking.
Latest from the Magazine
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The downfall (and possible salvation) of expertise
Can experts win back the public’s trust?
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Would you trust a machine to pick a vaccine?
Machine learning is being tasked with an increasing number of important decisions. But the answers it generates involve a degree of uncertainty.
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In corporate responses to Black Lives Matter, commitment speaks volumes
In the midst of a social movement, it takes more than words to win public opinion.
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Debt still matters
When the government borrows, someone—eventually—will have to pay it back.
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A daily measure of people’s potential exposure to COVID-19
A pair of indexes provide a daily look at Americans’ movement patterns amid the COVID-19 pandemic’s spread.
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Could easier credit speed the adoption of energy efficiency?
For some, increased adoption of beneficial technologies is less about persuasion than access.