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Economist

April 3, 2025

Does It Pay for Bosses to Embrace Nationalism?

Highlighted by Columbia Business School, this media piece showcases Topics and Areas of Expertise about our esteemed faculty. The content is specifically curated from the publication that showcased the mentioned faculty and/or research, emphasizing its contributions in various fields. The featured Topics and Areas of Expertise reflects the school's commitment to sharing valuable insights and knowledge.

Mentioned Faculty

Lori Yue

Associate Professor of Business: Management Division

Project Syndicate

April 3, 2025

What Rebalancing the US Economy Really Requires

Mentioned Faculty

R. Glenn Hubbard

Dean Emeritus; Russell L. Carson Professor of Finance and Economics: Economics Division

Director: Jerome A. Chazen Institute for Global Business

Chazen Institute Board: Jerome A. Chazen Institute for Global Business

Bloomberg's "The Close"

April 3, 2025

Trump Tariff Selloff

Appearing on Bloomberg’s The Close, Columbia Business School professor of professional practice and economist Brett House weighed in on the escalating market volatility triggered by the Trump administration’s sweeping new tariffs. As major indices plunged and cross-asset classes flashed warning signals, House emphasized that the market dynamics suggest more than a routine correction.“This is not a garden-variety 10% correction off the top,” he said. “Whatever signs of optimism you’ve seen have been dashed. At this stage of the drawdown, it’s clear we’ve moved from a correction to something that’s metastasizing into a crisis.”House’s commentary came amid the S&P 500’s sharpest selloff since 2022 and growing recession fears, as investor sentiment plummeted and bond yields tumbled. His analysis underscored the scale of the economic uncertainty now roiling global markets.Watch the segment: Trump Tariff Selloff – Bloomberg: The Close (April 3, 2025)

Mentioned Faculty

Brett House

Professor of Professional Practice in the Faculty of Business: Economics Division

Financial Times

April 3, 2025

How to Make Sense of Donald Trump’s Tariffs

Mentioned Faculty

Jesse Schreger

Associate Professor of Business: Economics Division

Vogue Business

April 3, 2025

New US Tariffs Throw Fashion’s Supply Chain into Turmoil

Mentioned Faculty

Rita McGrath

Academic Director in Executive Education: Executive Education

The Economist

April 3, 2025

Does it pay for bosses to embrace nationalism?

Columbia Business School professor Lori Yue's research on corporate nationalism reveals companies using patriotic rhetoric tend to see higher domestic returns but may face international backlash. The Economist examines when embracing nationalism pays off for businesses in today's geopolitical landscape.