When Pablo Picasso’s “Les Femmes d’Alger (Version O)” sold at Christie’s in New York for $179 million dollars in May 2015, it was only the 36th time in the past 315 years that a world auction record had been set, and the sale raised questions well beyond the art world. How could a single painting be worth so much? Why is art so important to wealthy households? What economic and social factors could lead to enshrining Picasso’s colourful near-abstract portrait as the most valuable picture in the history of the modern world?
Faculty from many of the top business schools in the Global Network for Advanced Management spoke with Global Network Perspectives about the decision by voters in the United Kingdom to leave the European Union and the impact it could have on countries from Chile to South Africa.
Short-term risk of financial panic is low, but significant long-term economic challenges exist
The need to reconceive and renegotiate the UK’s relationship with the rest of Europe will create an ongoing economic
Have questions about Brexit? Join us for a Facebook Live conversation about Brexit and its implications for markets and politics with David Bach, Senior Associate Dean for Executive MBA and Global Programs, and Andrew Metrick, Deputy Dean and Michael H. Jordan Professor of Finance and Management.
Europe stands at a crossroads ahead of the June 23 vote in Britain on whether to remain a part of or leave the European Union. A Brexit could trigger similar movements in other EU countries—in the Netherlands, for instance—and result in a major reshuffling of European politics. ESMT Berlin President Jörg Rocholl says severe consequences would be felt in three major ways.
Hugo & Hoby is an e-commerce furniture company dedicated to sustainability, domestic manufacture, and scalable craftsmanship. Founded by Yale SOM alumni Fred Kukelhaus ‘16 and Ben Young ‘16, these two friends and roommates have partnered with