Ethical Dilemmas for College Endowments

The closer you look at ethical investing for university endowments, the more you see the tradeoffs. The headline coverage began when Stanford announced it would “not make direct investments in coal mining companies.” Explaining, Stanford’s President John Hennessy said, “Stanford has a responsibility as a global citizen…

Economic Uncertainty

Uncertainty might impede economic growth. The research of several economists indicates that policy uncertainty foreshadows and might even cause slower economic activity. To prove their hypothesis, they created an Index of Economic Policy Uncertainty with 3 data components: 1) The…