Finance

Explained: Knightian uncertaintyThe economic crisis has revived an old philosophical idea about risk and uncertainty. But what is it, exactly?

3 Questions: The euro messMIT Sloan economist Kristin Forbes on the recent troubles roiling the international financial markets

All in the family: MIT Sloan becoming home for the HatamisThird sibling to receive his MBA this spring; follows his older brother and younger sister.

Pattern seen in governments’ currency policiesSmall-time money transfers from migrants shape key decisions on foreign exchange, research shows.

‘Failure is good’In a talk to promote his new book, MIT’s Simon Johnson lambastes a finance industry he sees as lacking a healthy fear of losing money.

Banking on mobile moneyA cellphone-based cash transfer system has changed the way Kenyans handle their finances. But what does it mean for Kenya's economy — and the developing world?

MIT Sloan Professor Simon Johnson named 'public intellectual' of the yearMIT Sloan Professor Simon Johnson topped UK's Prospect Magazine's list of 25 public intellectuals of the financial crisis in 2009.

3 Questions: Vincent Lépinay on bankers unleashedAn MIT anthropologist, who studies financial practices, discusses how ever-changing banking tools baffle regulators.

Insurance against financial fearWhen the economy stumbles, panic can drive matters from bad to worse. Economist Ricardo Caballero has a new plan to keep investment markets free of fear