The Economic Impact of the Japanese Disasters

Harvard Business Review

Transportation disruptions and the closing of many factories throughout Japan will shrink Japanese aggregate demand and disrupt supply chains worldwide. Human suffering is certainly our main concern in the immediate aftermath of Japan's 3/11 tragedy. But even as we focus on immediate human needs, we cannot avoid recognizing — and coping with — the long economic shadow cast by this disaster.

GDP 17

More and More CEOs Are Taking Their Social Responsibility Seriously

Harvard Business Review

The Ford story doesn’t add up , if you assume that Ford believed that his move alone was enough to raise overall demand for cars. But if you think instead that he was signaling to his competitors that if they all moved none of them would be at a disadvantage and that aggregate demand for the industry would increase, then the principle arguably holds in other contexts for some of today’s giants. Ryan McVay/Getty Images.