The Lessons of a Grandfather Outweigh the Petty Problems of a Famous University

"Harvard teaches us many things, but it doesn't teach us how to be happy," a freshman writes, comparing the small problems college students undergo with the hard life of her recently deceased grandfather, who was grateful for what he had and never complained.

Access to Obama White House Brought Companies Better Stock Performance, Study Shows
Commentary

Access to Obama White House Brought Companies Better Stock Performance, Study Shows

Ira Stoll

Companies whose executives visited the White House during the Obama administration had their stock prices rise more than normal after the meetings, but underperformed after Donald Trump won the election, a new paper by researchers at the University of Illinois finds.

The finance professors, Jeffrey Brown and Jiekun Huang, published their findings in a working paper issued by the National Bureau of Economic Research and titled "All the President's Friends:  Political Access and Firm Value."

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