Recent studies find that business school students would benefit from a further integration of traditional disciplines with the liberal arts. This paper outlines a suggested approach for accomplishing this in a finance capstone course, and reports the results from student assessments. The...

Adam Smith is well known for his description of how actions taken to further one's self-interest may benefit society. However, Smith emphasized that forbearance, which is the exercise of self-restraint while pursuing personal gain, is a necessary condition for the "invisible hand" to promote the...

Most economists agree that the effect of foreclosures on the housing market in the United States has been an important reason for recent macroeconomic stagnation. This paper considers the federal government's poor performance in helping homeowners renegotiate their mortgages to be a collective...