We Need a ‘Shove’ Toward Better Financial Health
Economists who study financial markets — usually called finance professors at business schools and financial economists or just economists elsewhere — have had more impact on the world than your average professors. The rise of funds tracking indexes is perhaps the biggest change that can be ascribed to their work, but modern corporate finance, derivatives markets and most non-passive portfolio management are all conducted, at least partly, in accordance with ideas first floated decades earlier i
