Stories
Stories
Noted & Quoted
Topics: Globalization-GeneralGlobalization-GeneralSociety-Welfare or WellbeingStrategy-Business Strategy“It is not at all clear that when firms expand abroad they contract at home. If anything, you see the opposite.”
— HBS professor MIHIR DESAI noting that foreign profits made by American firms put them in a better position to grow at home. (Washington Post, September 25, 2010)
“It appears that increasing your female managers leads to higher profitability over time.”
— HBS associate professor JORDAN SIEGEL describing his research results from countries that traditionally discriminate against women. (HBS Working Knowledge, October 11, 2010)
“Research...shows that the long-term impact of higher bank capital on loans is too small to have a big impact on growth.”
— HBS professor DAVID SCHARFSTEIN and Harvard economics professor Jeremy Stein respond to banking industry complaints that new global capital requirements will reduce lending. (Financial Times, September 13, 2010)
“Truth be told, people drastically over-estimate the impact of changes in income on their well-being.”
— HBS associate professor MICHAEL NORTON on his recent research examining whether money can buy happiness. (Forbes, September 13, 2010)
“When China does become the world’s largest economy in the next two decades, it and the world will be returning to what once was normal.”
— HBS professor WILLIAM KIRBY noting China’s position in 1800 as the world’s strongest and richest nation. (Harvard Business Review HBS Faculty Blog, August 17, 2010)
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