Set a course for lower aviation emissions - HHEI Director VV Chari and Advisory Board member Bob Litterman

India can and should join in worldwide efforts under way to stem the greenhouse gases emitted by global aviation. Airlines are the fastest growing source of global greenhouse gas output and by 2020 are projected to be emitting 70% more than they did in 2005.

Why the Fed Needs to Pay Attention to the Regulations - HHEI Director VV Chari

University of Minnesota's Chari and colleague Christopher Phelan make a case for requiring financial institutions to hold large capital cushions against publicly traded assets and smaller sums against more illiquid loans--the opposite of current thinking.

Time is Key to Putting a Price on Climate Risk - HHEI Advisory Board member Bob Litterman

Time compression is a simple concept fundamental to risk management. It refers to the fact that we can solve almost any problem given enough time -- the problem only becomes troublesome when events unfold too quickly, leaving insufficient time to react and manage the consequences.