Business

Pragmatism in Iraq's Military Prisons

prison_fence.jpgAS A MARINE and entrepreneur, Douglas Stone, Sloan '92, has never shied away from risk. But taking over the U.S. military's detainee detention system in Iraq in April 2007 was a big one. The prison system, which holds about 22,000 detainees, was known to most Americans primarily for the horrifying treatment of prisoners at Abu Ghraib.

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This Is Your Brain on Bargains

shopping-bags.jpgResearchers are using traditional behavioral studies and new techniques such as brain imaging to better understand what happens when we shop. This has big impllications for both the marketing of products and the treatment of compulsive shoppers

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Real Wages and Productivity Thrive in Developing Countries That Open Their Markets

stock_mkt.jpgWhen a developing country opens its stock market to foreign capital, it usually helps more than just big business. A recent study of 18 nations found that typical workers saw their real wages rise seven times faster after the inflow of foreign capital.

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Panel raises speculation of stock market closure in face of financial crisis

taylor_wolfson.jpgSome praised Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson, others argued taxes will have to be raised to overcome the current economic crisis. A panel of economists worked to help alumni “Understand the Financial Crisis and What It Means to You.”

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Will the bailout work? A commentary by Michael Spence

spence_michael.jpg"The U.S. economy, and much of the rest of the developed world, is in the midst of the collapse of an asset bubble fueled, in the main, by excess leverage. . . "

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Business School officially breaks ground for new 360,000-square-foot campus

Bschool.jpgSaying, "If there was no Stanford Graduate School of Business, there would be no Nike," Nike Inc. founder and chairman Philip H. Knight was on hand for the groundbreaking of the new Business School campus.

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Stanford financial economist Darrell Duffie discusses government takeover of Fannie Mae and Freddie Mac

duffie.jpgSince the government announced its takeover plan of Fannie Mae and Freddie Mac, stock markets in the United States and around the world have rallied and mortgage rates have dropped. But the latest turn in the credit crisis is far from over. Professor David Duffie puts the recent developments in context.

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Robert Joss to step down as Stanford Business School dean

Joss.jpgRobert L. Joss, dean of the Stanford Graduate School of Business, announced today that he will step down at the end of the current academic year. Joss will have served 10 years as dean.

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Price changes way people experience wine, study finds

main_image_wineglasses.jpgThe old adage that you get what you pay for really is true when it comes to that most ephemeral of products: bottled wine.

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Preventing Corruption

liar.jpgWHEN A CORPORATE SCANDAL throws a company into crisis or even destroys it, many onlookers’ reaction is that the people involved must have been immoral. Yet it’s easier than most people realize for ordinary, well-meaning people to get caught up in activities they should have known were wrong. Stanford researchers discuss how to create a structure that reduces the chances of cheating.

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