Author Archives: Danielle Park

Maximizing shareholder welfare is more than market value

Incentives that goose short term profits at the expense of longer term viability are misguided and counter-productive.  Policy changes are needed to shift the focus from short term financial gimmicks to longer term investment and innovation. Oliver Hart is a … Continue reading

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The rise of finance and the fall of American business

I reviewed Ms. Foroohar’s book Makers and Takers on the blog in 2016 here, well worth reading.  This recent interview continues the conversation.  It is posted in 6 different segments which automatically follow once you play the first at the … Continue reading

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Closing the gender pay gap key to social and economic progress

Many people talk about gender pay inequality as a female problem, actually it is a problem that costs the overall economy (everyone) greatly. While business leaders and politicians fear slow growth and fixate on ideas to stimulate the economy, pay … Continue reading

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