“I don’t see things like anybody else,” says Jonathan Berk, a professor of finance at Stanford Graduate School of Business. “And so I can see things people don't see.” On this episode, Berk explores recent research that pushes against conventional wisdom, from questioning the utility of the debt-to-GDP ratio to asking whether regulation is actually in the best interests of the consumer. “If you disagree with me… You have to write down a convincing theoretical model and analyze [it].”Berk admits his unique lens doesn’t always make life easy. But on the other hand, “it confers an enormous advantage” — and he believes that organizations which are able to harness the power of unconventional thinking can gain a competitive edge.“It’s allowed me to solve problems that other people couldn't solve,” he says.  Has seeing the world differently helped you resolve a conundrum? Tell us more at [email protected] Content:Jonathan Berk faculty profile What If We’re Looking at the National Debt All Wrong? Chapters:00:00:00 The Fosbury Flop, innovation, & unconventional thinking00:03:18 Introduction00:04:24 Questioning conventional wisdom00:04:57 Rethinking the debt-to-GDP ratio00:08:21 A finance perspective on national debt00:10:36 Why theory matters before alarm00:12:38 Regulation, charlatans, & consumer interests00:16:22 Licensing, certification, & competition00:19:51 The cost of pushing back00:21:16 Building organizations that welcome dissent00:24:59 ConclusionIf/Then, from Stanford GSB, features conversations with faculty that explore how their research deepens our understanding of business and leadership.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.