Chicago Booth is renowned for faculty whose insights and analyses reshape the face of business, markets, and the global economy.
The strength of Booth’s unique perspective is reflected in one of the school’s most venerable traditions, Economic Outlook, which was established in 1954 as Business Forecast.
Drawing on Booth’s culture of unparalleled inquiry, this annual event provides a forum for our pathbreaking thought leaders to confront the future, evaluating emergent trends and sharing key insights that help reframe our understanding of the world to come.
In recent years, Booth faculty participants have included:
Steven J. Davis
William H. Abbott Professor of International Business and Economics; Deputy Dean for Faculty
Robert P. Gwinn Professor of Economics
Walter David “Bud” Fackler Distinguished Service Professor of Economics
V. Duane Rath Professor of Economics and the John E. Jeuck Faculty Fellow
Edward Eagle Brown Professor of Economics and Finance
Randall S. Kroszner
Norman R. Bobins Professor of Economics
Raghuram G. Rajan
Eric J. Gleacher Distinguished Service Professor of Finance and Governor of the Reserve Bank of India
Professor of Finance
Joining our faculty are distinguished alumni and other economic and financial leaders.
Recent nonfaculty participants include Nobel laureate Myron Scholes, MBA ’64, PhD ’70; Singapore’s minister for finance, Tharman Shanmugaratnam; managing director and head of economics and emerging markets research at Barclays Capital, Piero Ghezzi; and Richard Wong, AB ’74, AM ’74, PhD ’80, founding director of the Hong Kong Centre for Economic Research and the Hong Kong Institute of Economics and Business Strategy at the University of Hong Kong School of Economics.
At the early Business Forecast events, panelists met in Chicago to offer discrete predictions about key economic indicators. In the decades since then, the event evolved to emphasize a broader, more multivariate style of thinking about the future economy—an approach based on the recognition that holistic insights grounded in fundamental principles have more impact than simpler “up or down” propositions. Business Forecast became Economic Outlook as a reflection of this broadened sense of purpose.
Meanwhile, the event spread from Chicago to cities around the world, allowing an ever wider dissemination of the insights that it generates among the regional business communities that are the backbone of the global economy.