Columbia Business School In the News

Fannie Mae and Freddie Mac don’t factor climate change into rates. More frequent floods, hurricanes and wildfires raise systemic default risk.

Op-Ed

Dr. Yumiko Shimabukuro, Faculty, School of International and Public Affairs, Columbia University; Co-Founder, Japanese Management Leadership, co-authored a book titled Misery Beneath the Miracle in East Asia, published by Cornell University Press.“Misery Beneath the Miracle in East Asia challenges prevailing views of the East Asian economic miracle. Existing scholarship has overlooked the severity, persistence, and harmful consequences of the region’s social welfare crises. Arvid J. Lukauskas and Yumiko Shimabukuro fill this gap and put a major asterisk on East Asia's economic record.  Combining big-picture analysis, abundant data, a dynamic interdisciplinary framework, and powerful human stories, they shed light on the social ills that governments have failed to address adequately, including low wages, child abuse, elderly poverty, and substandard housing. One of the major forces behind the multidimensional welfare crises is the region's productivist welfare strategy, which prioritizes economic growth while abandoning a robust social safety net, leaving the most vulnerable segments of society largely unprotected.  Misery beneath the Miracle in East Asia brings the region into debates over the dangers of seeking growth at all costs that are currently embroiling the United States and other advanced industrialized countries.”The book is available for purchase here. 

Alumni Tony Kim '94

In the context of the escalating tech rivalry between the United States and China, Nvidia has emerged as a pivotal player, influencing both markets and geopolitical dynamics. This article explores how Nvidia's advancements in artificial intelligence and semiconductor technology position it as a strategic asset in this ongoing conflict. The author interviews Lori Yue, who provides insights into the implications of Nvidia's innovations for global supply chains and national security. Yue emphasizes the importance of understanding the broader ramifications of tech competition, particularly how it affects innovation, economic policies, and international relations.

Op-Ed

Op-Ed

People are concerned that tariffs will increase prices of everyday goods. In this opinion piece, Professor Dan Wang contends that restricting immigration, especially high-skilled immigration, would have the same effect while also propelling a wave of reverse brain drain out of the United States.