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Business, Government and the International Economy

UNIT HEAD:

Forest L. Reinhardt

John D. Black Professor

Rawi E. Abdelal

Herbert F. Johnson Professor of International Management

Alberto F. Cavallo

Edgerley Family Associate Professor of Business Administration

Rafael M. Di Tella

William Ziegler Professor of Business Administration

Kristin E. Fabbe

Assistant Professor of Business Administration, Hellman Faculty Fellow

Mattias E. Fibiger

Assistant Professor of Business Administration

Jeremy S. Friedman

Assistant Professor of Business Administration

Reshmaan N. Hussam

Assistant Professor of Business Administration

Paul Whiton Cherington Professor of Business Administration

Assistant Professor of Business Administration

Sophus A. Reinert

Marvin Bower Associate Professor

F. Warren McFarlan Associate Professor of Business of Administration

Professor of Management Practice

Laura Phillips Sawyer

Assistant Professor of Business Administration

Baker Foundation Professor

Marco E. Tabellini

Post-Doctoral Fellow of Business Administration

Gunnar Trumbull

Philip Caldwell Professor of Business Administration

Richard H.K. Vietor

Baker Foundation Professor, Paul Whiton Cherington Professor of Business Administration, Emeritus

Matthew C. Weinzierl

Joseph and Jacqueline Elbling Professor of Business Administration

Unit Affiliates

Louis T. Wells

Professor, Emeritus

HBS Working Knowledge

Understanding Different Approaches to Benefit-Based Taxation

re Matthew C. Weinzierl

Benefit-based taxation—where taxes align with benefits from state activities—enjoys popular support and an illustrious history, but scholars are confused over how it should work, and confusion breeds

Free Trade Needs Nurturing—and Other Lessons from History

re Dante Roscini and Sophus A. Reinert

Global free trade is not the natural order of things, so it needs to be carefully tended to and maintained. Sophus Reinert and Dante Roscini discuss trade over time and what history teaches.

Rankings Matter Even When They Shouldn't: Bandwagon Effects in Two-Round Elections

re Vincent Pons

Results of the French parliamentary and local elections since 1958 show that candidates ranked higher in the first round are more likely to stay in the race for the second round and win it. Arriving