Uncertainty affects companies’ investment and hiring decisions, as well as people’s choices about buying big-ticket durable goods like cars or houses. There are different types of uncertainty. Risk arises when you know the likelihood of outcomes but not what will occur, as happens with flipping a coin. Ambiguity reflec

In this episode, co-host Michael Chui talks with Nicholas Bloom. Bloom is the William Eberle Professor of Economics at Stanford University and a senior fellow at the Stanford Institute for Economic Policy Research. He covers topics including the following: The history of remote work How remote work can enhance producti

COVID-19 has changed much of how we live. For many of us, it's also changed how and from where we work. What have been the effects of working from home on businesses and employees? Now, as many places re-open, will those who had been working from home continue to do so? Will they want to? Will companies be willing to a

Today local governments compete to host growing companies in the hope that the opportunities they create will revitalize their home cities. But how much do these urban areas benefit from local innovations? And what changes should we expect given recent increases in working from home? Nicholas Bloom joins the podcast to

Jason Hartman talks with Stanford University, Professor of Economics, Dr. Nicholas Bloom. Bloom and Hartman discuss the significant economic changes in the US economy as well as social changes. How has the work from home trend grown through pandemic times, and are employees more productive in this environment? Will thi

What might the electrification of factories teach us about how quickly we’ll adapt to remote work? What gives American companies an edge over their competitors on the international stage? What value do management consultants really provide? Stanford professor Nick Bloom’s research studies how management practices, prod