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Myron Scholes

Myron Scholes

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Myron Scholes, a Nobel laureate in economics, is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business and co-originator of the Black-Scholes options pricing model.

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  5. elerian121_NICHOLAS KAMMAFP via Getty Images_trumpworldeconomicforum Nicholas Kamm/AFP via Getty Images

    Is Trump’s Iran Strategy Working?

    Mohamed A. El-Erian

    The Trump administration's unilateral approach to trade and foreign adversaries like Iran is reminiscent of the Reagan administration's strategy against the Soviet Union. Both game theory and the historical record show that aggressive "non-cooperation" can be effective, but only if it is used carefully.

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  7. oneill71_Eskay LimEyeEmGetty Images_magnifyingglassglobegraph Eskay Lim/EyeEm/Getty Images

    Has the World Economy Reached Peak Growth?

    Jim O'Neill

    Whether or not the 2010s were a "lost decade," one thing is clear: many countries fell short of their potential, possibly squandering their last best shot of registering strong GDP growth. In the decade ahead, demographic realities will catch up to China and the West, and the world will need a productivity miracle to offset the effects.

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