In the News 2018

Want to Bond With a Stranger? Try Eating From the Same Plate
December 28, 2018 | Quartz
From that point, “attending to the food portion someone takes may lead people to attend to that person’s other needs and accommodate those needs with their behavior,” write authors Kaitlin Woolley (Cornell) and Ayelet Fishbach (University of Chicago).

Is the era of central bank independence over?
December 26, 2018 | The Telegraph
But there is a silver lining to this type of criticism, according to Randy Kroszner, a former governor of the Fed.

Giving Gifts Feels Better Than Receiving Them In The Long Term, According To Science
December 26, 2018 | Bustle
The research is made up of two studies by Ed O'Brien of the University of Chicago Booth School of Business and Samantha Kassirer of Northwestern University Kellogg School of Management.

Joy From Giving Lasts Much Longer Than Joy From Getting, Study Shows
December 25, 2018 | NBC
“If you want to sustain happiness over time, past research tells us that we need to take a break from what we’re currently consuming and experience something new,” says study co-author Ed O’Brien, of the University of Chicago Booth School of Business.

Giving Gifts Feels Better Than Receiving Them In The Long Term, According To Science
December 25, 2018 | AOL
The results are especially interesting because according one of the researchers, Ed O'Brien of the University of Chicago Booth School of Business, they conflict with past research.

Buying Christmas presents is the gift that keeps on giving, says science
December 20, 2018 | MSN
“(But) our research reveals that the kind of thing may matter more than assumed: Repeated giving, even in identical ways to identical others, may continue to feel relatively fresh and relatively pleasurable the more that we do it,” wrote psychology researcher Ed O’Brien from the University of Chicago Booth School of Business.

Giving, Rather Than Receiving, Leads To Lasting Happiness: Study
December 20, 2018 | Huffington Post
“Our research reveals that the kind of thing may matter more than assumed: Repeated giving, even in identical ways to identical others, may continue to feel relatively fresh and relatively pleasurable the more that we do it," said co-author Ed O'Brien.

Giving really IS better than receiving! People get more joy from bestowing gifts than being bought presents as the pleasure lasts for longer
December 20, 2018 | Daily Mail
Dr Ed O'Brien, of the University of Chicago Booth School of Business, said: 'If you want to sustain happiness over time, past research tells us that we need to take a break from what we're currently consuming and experience something new.

The joy of giving is a high that lasts longer than receiving: study
December 20, 2018 | New York Post
"Our research reveals [that]…repeated giving, even in identical ways to identical others, may continue to feel relatively fresh and relatively pleasurable the more that we do it,” says University of Chicago Booth School of Business psychology researcher Ed O’Brien in a statement.

Why Student Clubs Count When Choosing MBA Programs
December 20, 2018 | U.S. News
Lindsay Badeaux, senior assistant director of admissions at the University of Chicago's Booth School of Business, says clubs can help MBA students make important contacts with recruiters.

Kroszner Says Makes Sense for Fed to Pause and Take Stock
December 19, 2018 | Bloomberg
Randall Kroszner, professor at the University of Chicago Booth School of Business and a former Federal Reserve governor, discusses the central bank's policy and the Treasury yield curve.

Women who attend elite colleges earn more and marry less, new research shows
December 19, 2018 | CNBC
For instance, University of Chicago Booth School of Business economist Marianne Bertrand found that couples were less likely to marry if the woman out earned the man, and they were more prone to break up if she did.

Amazon faces boycott ahead of holidays as public discontent grows
December 17, 2018 | The Guardian
“While I suspect that corporate protests or proposed boycotts rarely lead company executives to ‘see the light’, morally speaking, the bad PR surrounding them can be prohibitively expensive,” said John Paul Rollert, adjunct assistant professor of behavioral science at the University of Chicago Booth School of Business.

Elite colleges boosted women’s earnings and decreased marriage rates
December 14, 2018 | The Washington Post
University of Chicago Booth School of Business economist Marianne Bertrand found that couples were less likely to match and marry if the woman’s income exceeds the man’s — and that they were more prone to break up.

Fears about the economy shouldn’t keep you out of the stock market
December 14, 2018 | MarketWatch
The EPU was created several years ago by three finance professors: Scott Baker of Northwestern University; Nick Bloom of Stanford University, and Steven Davis of the University of Chicago.

The Lesser-Known Career Barriers That Women Face
December 12, 2018 | Entrepreneur
But, of course, only if you are a woman. Economists Marianne Bertrand, Claudia Goldin and Lawrence Katz tracked the earnings of male and female University of Chicago MBAs from 1990 to 2000 and found that women who married lower-earning men experienced less of an income drop after having children than those married to men who earned the same as them or more.

Why I talk to dogs
December 12, 2018 | The Christian Science Monitor
Facebook quoted behavioral scientist Nicholas Epley, a University of Chicago anthropomorphism expert.

What choral singing can teach us about leadership
December 12, 2018 | Quartz
Instead of a lecture or small-group exercises, management professor Harry Davis got everyone on their feet and formed a choir.

Government should preserve the autonomy and credibility of RBI, says Raghuram Rajan
December 10, 2018 | CNBC
Rajan, 55, was the chief economist and director of research at the International Monetary Fund (IMF), is also a distinguished service professor of finance at the University of Chicago's Booth School.

An economist who predicted Trump's rise as early as 2011 explains how he's changing the face of American capitalism forever
December 9, 2018 | Business Insider
University of Chicago Booth School of Business professor Luigi Zingales believes that President Donald Trump is fundamentally altering the face of American capitalism.

Global political backlash spreads against central banks
December 9, 2018 | Financial Times
Raghuram Rajan, a former Reserve Bank of India governor and now a professor at Chicago Booth University, said: “I think as a community, [central bankers] should be challenged and democracy has a right to ask what are you doing and why”.

Trump's meddling is bad for the economy
December 7, 2018 | Chicago Tribune
His impetuous, erratic pronouncements sow endless confusion. The monthly Economic Policy Uncertainty Index — maintained by economists Scott Baker (Northwestern), Nick Bloom (Stanford) and Steven Davis (University of Chicago) — has run consistently higher since Trump was elected than in the previous two years.

Tariffs Aren’t Trump’s Only Trade War Weapon
December 5, 2018 | Bloomberg
“There are dangers and harms from Trump’s use of uncertainty as a tool in trade wars,” said Steven Davis, a professor at the University of Chicago Booth School of Business who helped develop an economic policy uncertainty index.

AP FACT CHECK: Economists say Trump off on tariffs' impact
December 4, 2018 | Associated Press/NBC/Fox
After Trump announced steel and aluminum tariffs earlier this year, the University of Chicago asked leading academic economists in March whether Americans would be better off because of import taxes.

Trading on Uncertainty About Tariffs
December 4, 2018 | The Wall Street Journal
Stephen Davis, professor of international business and economics at Chicago Booth, says there is little sign of extra investment so far. Jointly with the Federal Reserve Bank of Atlanta he created a regular survey of business uncertainty.

Donald Trump and Xi Jinping must make a careful trade deal
December 4, 2018 | Financial Times
The truce declared by Donald Trump and Xi Jinping in their trade war, while welcome, will probably need repeated extension, for the issues dividing the US and China go well beyond trade.

Don’t Like Trump? Your Financial Analysis Might Be Biased
December 3, 2018 | Bloomberg
Elisabeth Kempf of the Booth School of Business at the University of Chicago, and Margarita Tsoutsoura of the SC Johnson College of Business at Cornell University, looked at corporate-credit ratings relative to analysts’ political leanings.

The government’s fight over AT&T-Time Warner deal is not about ‘bigness’
December 3, 2018 | Yahoo!
He was more impressed by AT&T’s expert, Dennis Carlton of the University of Chicago School of Business, who argued that Shapiro based his models on mistaken assumptions.

Global Growth Cools, Leaving Scars of ’08 Unhealed
December 1, 2018 | The New York Times
“There’s now potential for bad news on the trade front to trigger shifts in equity markets and a pullback on investment,” said Steven J. Davis, an international business expert at the University of Chicago Booth School of Business.

G-20 US-China breakthrough won’t end trade uncertainty, expert says
November 30, 2018 | CNBC
Steven Davis, professor of international business and economics at Chicago Booth, discusses how the G-20 summit could impact on markets.

Can’t work towards your long-term goal? Blame your brain
November 29, 2018 | Fast Company
Research partners Kaitlin Woolley of Cornell University and Ayelet Fishbach of the University of Chicago have made a career out of studying the differences between the goals that people achieve and the ones that fall to the wayside:

Kroszner Says Fed Likely to Pause After December Hike
November 28, 2018 | Bloomberg
Randy Kroszner, professor of economics at Chicago Booth School of Business, discusses Fed policy, the timing of future rate hikes, how the trade tensions between the U.S. and China are impacting policy, the U.S. economic outlook, the risk of a recession and his views on the president's criticism of the central bank.

The surprising fragility of a powerful perk: company culture
November 27, 2018 | Quartz
Research by Luigi Zingales, a professor finance at the University of Chicago Booth School of Business, has shown that a strong company culture, defined as one in which employees say that managers live the values they espouse, is tied to better long-term performance.

Guess Which of PH's Largest Firms Are Run by Graduates of World's Best MBA Programs
November 26, 2018 | Esquire
Of the 38, 19 CEOs received their MBAs from top four business schools that made it to The Economist’s latest list: the University of Chicago – Booth School of Business, Northwestern University – Kellogg School of Management, Harvard Business School, and University of Pennsylvania – Wharton School.

Actually, White Lies Aren’t So Harmless
November 19, 2018 | Chicago Magazine
New research by U. Chicago professor Emma Levine suggests that minor fibs can do more harm than good.

Why men who make less than their wives lie about their earnings
November 19, 2018 | The Economist
A study by Marianne Bertrand and Eric Kamenica at the University of Chicago found that such relationships are more likely to end in divorce.

5 Ways You're Practicing Gratitude Wrong
November 19, 2018 | Shape
People significantly underestimate the positive impact that expressing gratitude will have on both themselves and the other person, according to research out of the University of Chicago Booth School of Business.

Two pioneers of Chicago's tech startup community feted at Momentum Awards
November 16, 2018 | Crain's Chicago
Linda Darragh, who leads the innovation and entrepreneurship initiative at Northwestern University’s Kellogg School of Management, and Ellen Rudnick, who teaches entrepreneurship at University of Chicago’s Booth School of Business and is former director of its Polsky Center for Entrepreneurship and Innovation, received the Entrepreneurial Champion Award.

What did America buy with the auto bailout, and was it worth it?
November 13, 2018 | Marketplace
One of the policymakers weighing the pros and cons of the auto bailout at the time was Austan Goolsbee.

Fed will hike in December unless something major happens, expert says
November 13, 2018 | CNBC
Randy Kroszner, economics professor at Chicago Booth, discusses the Federal Reserve’s policy tightening path.

Federal Paperwork Costs as Much as the Deficit
November 13, 2018 | Bloomberg
University of Chicago economist and Nobel laureate Richard Thaler has an excellent term for excessive paperwork burdens: sludge.

Public companies should prioritise shareholder welfare, not value
November 11, 2018 | Financial Times
Op-ed by Luigi Zingales: Most of us would be horrified at the idea of profiting from helping the Chinese government jail dissenting journalists.

The Fed has done a 'good job so far': Randy Kroszner
November 8, 2018 | Bloomberg
Randy Kroszner of the University of Chicago Booth School of Business says the Federal Reserve is debating whether economic growth in the U.S. is based on fundamental improvements or short-term stimulus.

Here’s How a Divided Congress May Show Up in U.S. Economic Data
November 8, 2018 | Bloomberg
Uncertainty may well rise, said University of Chicago economist Steven Davis, who helped to create a U.S. policy uncertainty index based on news coverage, tax laws and economic surveys.

Fed clearly has in mind that inflation and tight labor markets follow one another says expert
November 8, 2018 | CNBC
Austan Goolsbee, University of Chicago Booth School of Business professor and former Council of Economic Advisors chair, discusses the state of the U.S. economy as the Fed wraps up its November meeting.

Real Time Economics: The Midterm Results Are In | Gridlock Likely To Limit Policy Shifts | Remember the Debt Ceiling?
November 7, 2018 | The Wall Street Journal
The average time to fill vacant job positions reached a record high of 32.3 working days in September, according to an analysis of underlying data by the University of Chicago's Steven Davis.

The three traits Microsoft CEO Satya Nadella looks for in leaders
November 7, 2018 | Quartz
Last month, Nadella, who succeeded Steve Ballmer as head of Microsoft in 2014, visited his alma mater, where he was interviewed on stage by Madhav Rajan, dean of the University of Chicago’s Booth School of Business.

RBI board must play like Rahul Dravid, not Navjot Sidhu, says Raghuram Rajan
November 6, 2018 | CNBC
Raghuram Govind Rajan, economist and 23rd governor of the Reserve Bank of India (RBI), is one of the few economists who predicated central bankers about the 2008 financial crisis.

Cross-border capital flows source of financial fragility: Raghuram Rajan
November 5, 2018 | PTI/Times of India/CNBC
Cross-border capital flows have been a source of financial fragility, former RBI governor and top economist Raghuram Rajan has said as he underscored that countries should see how best they can benefit from cross-border flows, without incurring the costs.

Preserving the Wealth That Conservation Built
November 2, 2018 | The New York Times
Op-ed by Austan Goolsbee: The Trump administration views conservation and the environment primarily through the lens of conflict — of business versus government.

Zingales Sees 20% Chance of Italy Leaving Euro in Five Years
November 2, 2018 | Bloomberg
Luigi Zingales, finance professor at University of Chicago Booth School of Business, discusses lingering suspicions that Italy's populist government wants to lead the nation out of the 19-nation euro zone.

Here’s a Way to Help Tell the Good Brokers From the Bad
November 2, 2018 | Washhington Post
Researchers Mark Egan, Gregor Matvos and Amit Seru reviewed brokers’ employment records dating from 2005 to 2015 for a study in the Journal of Political Economy.

Millennial Men Leave Perplexing Hole in Hot U.S. Job Market
November 2, 2018 | Bloomberg
Young adults increasingly live with their parents, and cohabitation might be providing a “different form of insurance,” said Erik Hurst, an economist at the University of Chicago.

Efforts to restrict worker mobility are bad for the economy
October 29, 2018 | Financial Times
Jessica Jeffers at Chicago's Booth School of Business finds that 15 per cent fewer workers left their companies to take more senior-level jobs once non-competes were more harshly sanctioned.

‘Quarterly capitalism’ takes its toll on public markets
October 28, 2018 | Financial Times
By 2016 that had more than halved, according to the Center for Research in Security Prices at the University of Chicago Booth School of Business.

The world’s best MBA programmes
October 27, 2018 | The Economist
The University of Chicago’s Booth School of Business regains first place from neighbouring Northwestern’s Kellogg School of Management.

Chicago finance exec gives Booth $5 million
October 24, 2018 | Crain's Chicago
Booth School of Business alum Roxanne Martino, once one of Chicago’s most prominent women in finance, has given $5 million to the school for student scholarships.

Global Trade War: Peace in Our Time or Deep in the Mire
October 24, 2018 | Bloomberg
Randall Kroszner, professor of economics at the University of Chicago Booth School of Business, Isabelle Mateos y Lago, managing director and chief multi-asset strategist at BlackRock, and Santitarn Sathirathai, group chief economist at Sea Ltd., speak with Bloomberg's Malcolm Scott at the Bloomberg Modern Markets summit on Oct. 11 in Bali, Indonesia.

Updated: Ubers And Lyfts May Increase Road Deaths, Study Claims
October 23, 2018 | Forbes
Hochberg conducted research along with University of Chicago School of Busiess professor John M. Barrios and Rice University graduate student Livia Hanyi Yi to study the effect ridesharing has on fatal accidents.

The collapse of an American retail giant
October 20, 2018 | The Economist
He took over a dying firm, argues James Schrager of the University of Chicago’s Booth School of Business.

The trade war is a 'negative' for the U.S.: Professor
October 18, 2018 | CNBC
There's evidence of the trade war reducing the willingness of businesses to invest in the U.S. and beyond in the short term, says Steven Davis of the University of Chicago Booth School of Business.

Yellen, Reichlin, and Rajan on the big questions facing central banks around the world
October 18, 2018 | Brookings
We put that question, in mid-September, to three central bank veterans – Janet Yellen, former chair of the Federal Reserve and now a Distinguished Fellow in Residence at the Hutchins Center on Fiscal & Monetary Policy at Brookings; Lucrezia Reichlin, former director of research at the European Central Bank (ECB) and now a professor at the London Business School; and Raghuram Rajan, former chief economist at the International Monetary Fund and governor of the Reserve Bank of India, and now a professor at the University of Chicago Booth School of Business.

Why We Feel the Need to Knock On Wood
October 17, 2018 | Discovery Magazine
“Superstitions and magical thinking aren’t really special,” says Jane Risen, a professor of behavioral science at the University of Chicago.

American Dream Of Homeownership Eludes Many Black People
October 16, 2018 | Huffington Post
In “House of Debt,” their 2014 book on the housing crisis, Princeton economist Atif Mian and University of Chicago economist Amir Sufi concluded that the crisis started with foreclosures in “highly leveraged, poor and often black homeowning households whose wealth was mostly or entirely tied up in home equity.”

Sears Files For Chapter 11 Bankruptcy
October 15, 2018 | WBEZ
James Schrager, Clinical Professor of Entrepreneurship and Strategy at the University of Chicago Booth School of Business: A retailer like Sears has to make two groups of decisions, both of them critical, always right, and at the same time.

The robust economy has hidden the next crisis
October 12, 2018 | The Washington Post
Raghuram Rajan is among those sober minds.

The ‘Amazon Effect’ Can Drive Prices Up, Too
October 12, 2018 | Bloomberg
Evidence presented by Austan Goolsbee of the University of Chicago and Peter Klenow of Stanford University in a 2018 paper shows that inflation is systematically lower online than offline: In 2014 through 2017, the Adobe Digital Price Index (DPI), calculated from millions of online prices, was an average of 3 percentage points lower than the official consumer price index calculated by the U.S. Bureau of Labor Statistics.

Why our brains want to believe in superstition
October 12, 2018 | BBC
Jane Risen, Professor of Behavioural Science from the University of Chicago, explores how some superstitious beliefs are a consequence of our brains desire to search out connections and patterns in seemingly random events.

What worries me about the U.S. economy
October 11, 2018 | The Washington Post
Raghuram Rajan was formerly chief economist of the IMF and is now the Katherine Dusak Miller distinguished service professor of finance at the University of Chicago Booth School of Business.

10 Years Later: 4 Millennials Describe How The Great Recession Shaped Their Lives
October 11, 2018 | Forbes
Stefan Nagel, a finance professor at the University of Chicago Booth School of Business, says he’s seen this phenomenon with Depression-era babies.

Sears reportedly eyeing bankruptcy just after reopening scaled-down Oak Brook store
October 11, 2018 | Chicago Tribune
Lampert, whose hedge fund has loaned Sears $1.6 billion over the past 2 1/2 years, “has been very, very good at keeping the company going,” said James Schrager, clinical professor of entrepreneurship and strategy at the University of Chicago’s Booth School of Business.

Faces of a new capitalism: How Millennials are embracing socialist values
October 11, 2018 | Christian Science Monitor
“Clearly US capitalism failed in providing what it promised,” says Luigi Zingales of the University of Chicago’s Booth School of Business, referring to the benefits delivered by truly competitive markets.

ECB warns on UK's 'back-to-back' facility, bank stability, and coding lessons at JPMorgan
October 9, 2018 | Financial Times
"We have lots of liquidity around. Because we had too little during the crisis, we have too much now. Things are fine now but we are potentially sewing the seeds for the next crisis," says Professor Douglas Diamond.

How To Succeed When The Efficient Market Hypothesis Fails
October 9, 2018 | Forbes
In a lecture theatre at the University of Chicago in the spring of 1988, at an event dedicated to understanding Black Monday and the stock market crash of 1987, the behavioral economist Richard Thaler posed a question.

The real reasons why mentors change your life
October 9, 2018 | Financial Times
“The first question to ask is, why is the person not doing something?” says Professor Ayelet Fishbach, co-author of the research.

How Talking to Someone on a Plane Can Change Your Life
October 5, 2018 | Conde Nast Traveler
“We tend to remember things that are negative, positive, very emotional, or unexpected,” says Nicholas Epley, Ph.D., a psychologist who studies social cognition at the University of Chicago's Booth School of Business.

September payrolls only a 'Goldilocks number' on a technicality, says pro
October 5, 2018 | CNBC
Kate Moore, BlackRock; Austan Goolsbee, University of Chicago Booth School of Business; and Alex Brill, American Enterprise Institute, discuss the 134,000 jobs created in September with the unemployment rate falling to 3.7 percent, the lowest since 1969.

US manufacturers reassessing investment plans due to tariffs
October 5, 2018 | CNBC
Steven Davis, Chicago Booth professor of international business and economics, discusses escalating trade friction between the U.S. and China.

The next frontier in investing is ‘quantamental’ stock picking
October 3, 2018 | MarketWatch
Advances in machine learning and big-data analysis have further fueled the popularity of quant techniques, said Lin William Cong, assistant professor of finance at the University of Chicago’s Booth School of Business.

Honesty Isn't Always the Best Policy. Here's When It Might Be Better to Lie
October 2, 2018 | Time
“People’s primary interest, at least when they receive information and build trust is in benevolence,” says Emma E. Levine, an assistant professor of behavioral science at The University of Chicago Booth School of Business, who studies honesty and trust.

The Sovereign-Bank `Doom Loop' Won't Let Italian Markets Escape
October 1, 2018 | Bloomberg
“Italy is facing a sovereign-bank doom loop that can lead to a crisis similar to the one Italy faced in 2011,” Luigi Zingales, a professor of finance at the University of Chicago Booth School of Business, said during the Banca Ifis’ NPL conference in Venice on Friday.

We Talked to Experts About the Last Financial Crisis — and the Next One. Here’s What They Said
September 30, 2018 | Bloomberg
Atif Mian and Amir Sufi, professors at Princeton University and the University of Chicago, respectively, suggested that booms and busts may be driven by changes in credit supply, and corresponding household demand.

U.S. Consumer Spending Rises at Slowest Pace in Six Months
September 28, 2018 | Bloomberg/Yahoo!
Chicago Booth School of Business Professor of Economics Randy Kroszner examines U.S. consumer spending and inflation for August and how it plays into the Federal Reserve's rate path.

New research lab extending to South Loop
September 27, 2018 | Crain's Chicago
The University of Chicago Booth School of Business is partnering with investment fund giant Pimco on a Hyde Park-based research lab effort that will include a South Loop storefront "museum" to drive public interest.

Twitter Quitter
September 27, 2018 | National Review
According to researchers at the University of Chicago Booth School of Business, people resisting tweeting experience higher “self-control failure rates” than people trying to quit smoking or drinking, despite both of the latter activities’ having the tangible upside of generating pleasure.

Loose Leveraged Lending Is Storing Up Economic Trouble, BIS Says
September 23, 2018 | Bloomberg
“When there’s tons of liquidity, lenders don’t value covenants and they’re willing to lend at very high leverage values,” said Douglas Diamond, a finance professor at the University of Chicago Booth School of Business.

Despite the economic recovery, student debtors' 'monster in the closet' has only worsened
September 22, 2018 | CNBC/MSN
The damage of student debt is more personal and insidious, said Constantine Yannelis, assistant professor of finance at the University of Chicago's Booth School of Business.

It's use-it-or-lose-it season in Washington
September 18, 2018 | Marketplace
Neale Mahoney, an economist at the University of Chicago who has studied government contracting, says a retired naval officer told him, “Every year on Sept. 30 at 9 p.m. Pacific he’d get a call from the Pentagon saying, 'It’s midnight here, so we can’t spend any more of this year’s budget, but you have three hours left.'"

“They Tend to Be a Little Psychopathic in that Way.”
September 17, 2018 | Institutional Investor
In 2015, Richard Thaler, a Nobel Prize-winning professor at the University of Chicago, wrote a book called Misbehaving, about the history of behavioral economics, of which he is a founder.

When Behavioral Economists Advocate Misbehavior
September 14, 2018 | Forbes
Consistent with the authors’ assertion, there is evidence, by Erik Hurst, a University of Chicago economist, that spending on activities that require time increases slightly in retirement, while spending on items where time can be substituted goes down.

The tricks retirees play on themselves — that can cripple their investments
September 14, 2018 | MarketWatch
Consider an Economic Policy Uncertainty (EPU) index that was created several years ago by three finance professors: Scott Baker of Northwestern, Nick Bloom of Stanford, and Steven Davis of the University of Chicago.

9 Faces Of The 2008 Financial Crisis: The Winners, The Losers And Those Left Behind
September 14, 2018 | Huffington Post
In 2005, when he was chief economist of the IMF, Raghuram Rajam gave a talk at a meeting of economists and bankers at Jackson Hole, Wyoming, in which he warned of an impending financial crisis.

The stock market boom has given CEOs a raise. What about average workers?
September 13, 2018 | PBS
Steve Kaplan, a University of Chicago Booth School of Business professor who studies economics and corporate governance, said stock options are important to corporate profitability because they ensure executives’ personal success is tied to the company’s performance.

These 4 called the last financial crisis. Here’s what they see causing the next one
September 13, 2018 | MarketWatch
As the IMF’s chief economist (he has since served as chairman of the Reserve Bank of India and teaches finance at the University of Chicago Booth School of Business), Rajan presented a paper at the Federal Reserve Bank of Kansas City’s annual retreat at Jackson Hole, Wyo., in August 2005.

How to Fight the Next Crisis
September 13, 2018 | Bloomberg
Raghuram Rajan, the former head of the Reserve Bank of India who foretold the last crisis in 2005, says, “the traditional ingredients have been put in place” for another meltdown.

10 years on, lessons learned from the financial crash
September 12, 2018 | BBC
We're joined throughout the programme by three guests. In Washington, Heather Slavkin Corzo, the director of the Office of Investment of the trade union, the AFL-CIO, and Professor Randall Kroszner, Former Federal Reserve Governor and now Deputy Dean of the Executive MBA programme at the University of Chicago Booth School of Business.

Who should you trust? Psychologists have a surprising answer
September 12, 2018 | Quartz
“We theorized that guilt-proneness predicts trustworthiness because people who are high in guilt-proneness feel more responsible for others,” says Emma Levine, an assistant professor at University of Chicago’s Booth School of Business, “and this is exactly what we found.”

Why you should avoid small caps for the rest of the year
September 11, 2018 | MarketWatch/MSN/Morningstar
As many of you no doubt know, since 1926, small caps have significantly beaten large caps — by 2.4 percentage points annualized, according to data from University of Chicago professor Eugene Fama and Dartmouth College professor Ken French.

How Top Financial Advisors Are Using Behavioral Science To Rethink Your Investments
September 11, 2018 | Forbes
Academics such as Richard Thaler, who won last year’s Nobel prize in economics, have persuasively described how “mental accounting” leads people to regard money differently depending on what it’s to be used for.

From Trump to Trade, the Financial Crisis Still Resonates 10 Years Later
September 10, 2018 | The New York Times
Amir Sufi, a professor of economics and public policy at University of Chicago’s Booth School of Business and the co-author of “House of Debt,” pointed to the financial crisis as the source of reduced civility a few months after Mr. Trump’s victory.

To Shatter the Glass Ceiling, Don’t Force It
September 8, 2018 | The Wall Street Journal
Marianne Bertrand, a professor of economics at the University of Chicago’s Booth School of Business, co-wrote an analysis of Norway’s quotas in 2014 about a decade after they took effect.

Women aren't freezing their eggs because of their careers — it's because they can't find the right partners
September 7, 2018 | Business Insider
"The lack of good jobs for these men is making them less and less attractive to women in the marriage market, and women, with their greater earnings, can do fine remaining single," Marianne Bertrand, an economist at the University of Chicago's Booth School of Business, told Thrive Global.

Lessons from a thank-you study: If being nice makes us happier, why don't more of us do nice things?
September 7, 2018 | WRAL
Those receiving the letters don't use the same measure, says Nicholas Epley, one of the authors and a professor of behavioral science at the University of Chicago Booth School of Business.

This Week In Credit Card News: Amazon Building A Large Delivery Fleet; Beware Of Fake Check Scams
September 7, 2018 | Forbes
The no-surcharge and no-steering rulings eliminate competition among credit card companies because a low-cost credit card company will not see its low fees reflected in lower surcharges and a higher market share. [Chicago Booth Review]

The Top Feeder Business Schools To The Consulting Industry
September 7, 2018 | Poets & Quants
Several schools, including Dartmouth Tuck, Columbia Business School, Northwestern Kellogg, Chicago Booth, and MIT Sloan, reported a base salary of $147,000; and $25,000, reported by several schools, was the highest median sign-on bonus, though several others reported averages or total “other” compensation that were higher.

Want to trick yourself into more exercise? Yeah, good luck with that
September 7, 2018 | Washington Post/Sydney Morning Herald/Finanzen
A "nudge" is a policy intervention that "alters people's behavior in a predictable way without forbidding any options or significantly changing their economic incentives," according to Richard Thaler, the University of Chicago economist who last year won a Nobel Prize in part for his work on the subject.

Why Expressing Gratitude Can Be So Hard to Do
September 7, 2018 | Psychology Today
This is the question that University of Chicago psychologists Amit Kumar and Nicholas Epley asked in a set of studies recently reported in the journal Psychological Science.

Corporate Market Power Surges, Markups Skyrocket And Just A Handful Of Companies Are To Blame
September 5, 2018 | Forbes
As for the antitrust angle, University of Chicago Booth’s Dennis Carlton and University of British Columbia’s Ralph Winter have been researching just that in recent antitrust rulings in the credit card market.

Why you should really write that thank-you note
September 4, 2018 | Moneyish
Kumar and his co-author, University of Chicago professor Nicholas Epley, had participants in multiple experiments write letters of gratitude to someone who had helped them, and then predict the awkwardness, surprise and happiness their recipients would feel.

Former ‘Cosby’ Star Geoffrey Owens Deserves Respect For Working At Trader Joe’s
September 3, 2018 | The Federalist
As John Paul Rollert, a friend and mentor of mine who teaches business ethics at The University of Chicago Booth School of Business, told me, “We live in a culture where we so value wealth and celebrity that we not only think taking the low road to achieving them is a self-evident choice if it means getting there faster than by the high one, we scoff at those who would prefer an honest day’s work to the kind of shortcuts that should be a genuine source of embarrassment.”

Trump promised farmers ‘smarter’ trade deals. Now he has to bail them out.
September 3, 2018 | The Washington Post
Threats of additional tariffs and lingering uncertainty over trade policy are also causing firms to reevaluate or delay investment, as University of Chicago Booth School of Business professor Steven J. Davis noted recently.

Austan Goolsbee On Trade Negotiations
August 31, 2018 | NPR
Austan Goolsbee chaired President Obama's Council of Economic Advisers. He's now at the University of Chicago.

Surveillance: Stocks Are A Little Overdone, Mann Says
August 30, 2018 | Bloomberg
Austan Goolsbee, University of Chicago Booth School of Business Robert P. Gwinn Professor of Economics, says any day that we don’t have a trade war is a good day for the economy.

Central bankers grapple with the changing nature of competition
August 30, 2018 | The Economist
Raghuram Rajan of the University of Chicago offered another reason to wait before declaring increased economic concentration either good or bad for the economy overall.

Fifty years of economic history proves that inclusive workplaces make us all richer
August 30, 2018 | Quartz
Four economists from University of Chicago and Stanford University ask readers to consider the progress made since then in a fascinating study (pdf).

Handwritten Thank-You Notes Have Surprising Consequences
August 29, 2018 | Psychology Today
The new research on the benefits of handwritten thank you letters was led by Amit Kumar, assistant professor of marketing in the McCombs School of Business at the University of Texas in Austin. Kumar collaborated with Nicholas Epley, professor of behavioral science at the The University of Chicago Booth School of Business.

Call Trump's trade deal anything but NAFTA
August 28, 2018 | MSNBC
Austan Goolsbee, former Chairman of the Council of Economic Advisers for President Obama, explains why Trump's new preliminary trade agreement with Mexico falls short of "replacing NAFTA."

How to Tame Health Care Spending? Here’s a One-Percent Solution
August 27, 2018 | The New York Times
Neale Mahoney, a health economist at the University of Chicago Booth School of Business, who was one of the working paper’s co-authors, said the history of long-term care hospitals fit together with the economic analysis to suggest that the special hospital payment probably wasn’t appropriate.

Big City Housing Doesn’t Have to Be So Expensive
August 27, 2018 | Bloomberg
A new paper by economists Chang-Tai Hsieh of the University of Chicago Booth School of Business and Enrico Moretti of the University of California at Berkeley found that restrictive zoning in Silicon Valley, San Francisco, and New York “lowered aggregate U.S. growth by 36 percent from 1964 to 2009.”

Trump’s deepening trade wars are threatening a key engine of the US economy
August 27, 2018 | Business Insider
A new survey of firms conducted by the Federal Reserve Bank of Atlanta, Stanford University, and the University of Chicago’s Booth School finds about one-fifth of companies are rethinking business spending due to "recently announced tariff hikes or concerns about retaliation."

Federal Reserve wrestles with steering US policy ‘by the stars’
August 26, 2018 | Financial Times
“All the good wages are in some firms and not in the rest,” said Raghuram Rajan, a professor at University of Chicago Booth School of Business and a former governor of the Reserve Bank of India.

How New Technology Is Changing Market Structure
August 24, 2018 | Bloomberg
Chad Syverson, a professor of economics at the University of Chicago Booth School of Business, discusses how artificial intelligence is changing the financial markets with Bloomberg's Mike McKee at the Federal Reserve's annual symposium in Jackson Hole, Wyoming.

Foreseer of Financial Crisis Rajan Warns of Toxic Mix on Trade
August 24, 2018 | Bloomberg
Raghuram G. Rajan, who warned of a credit crisis in 2005 before it hit, is now cautioning that trade wars when combined with a build-up in leverage and high asset prices could result in a toxic mix that dragged global growth.

Here’s why stocks are focused almost exclusively on trade, in one chart
August 24, 2018 | MarketWatch
The particulars include a U.S. pullout from the Trans-Pacific Partnership, threats to jettison the North American Free Trade Agreement, a refusal to affirm new WTO judges, tariff hikes on steel and other goods, frequent rhetorical attacks on major trading partners, and a wrong-headed obsession with bilateral trade deficits,” wrote Steven Davis, a professor of international business and economics at the University of Chicago.

Ex-RBI Governor Rajan Sees Emerging Markets as a Global Risk
August 23, 2018 | Bloomberg
Raghuram Rajan, professor at the University of Chicago Booth School of Business and former Reserve Bank of India governor, discusses the economic risks facing the global economy with Bloomberg's Kathleen Hays at the Federal Reserve's annual symposium in Jackson Hole, Wyoming.

More companies are offering promotions, but without the pay bump
August 23, 2018 | Business Insider
"A husband and wife can easily quit their jobs and both find good opportunities in jobs they want, where they want to live," University of Chicago economist Steven Davis told the Journal.

Fed likely to raise rates again in December: Economist
August 22, 2018 | CNBC
Randy Kroszner, professor at the University of Chicago Booth School of Business, discusses interest rate hikes for the rest of the year.

Psychologists have surprising advice for people who feel unmotivated
August 22, 2018 | Quartz
Writing in MIT Sloan Management Review, Lauren Eskreis-Winkler, a Wharton psychologist who studies motivation, and Ayelet Fishbach, a professor of behavioral science at University of Chicago Booth, explain that psychologists have long known problems related to self-control are connected to a lack of motivation to transform knowledge into action.

Researchers Examine What Social Isolation Can Do To Men's Health
August 21, 2018 | NPR
This is Nick Epley. He's a behavioral science professor at the University of Chicago.

The Interview Show with Mark Bazer: Sarah Grueneberg, Richard H. Thaler
August 20, 2018 | PBS
My next guest just won the nobel prize in economics. He's also at the University of Chicago and the co-author of a best selling book called Nudge. Here is Richard Thaler.

The questions every investor should ask about Trump’s proposal to radically change how companies report earnings
August 20, 2018 | Marketwatch
A paper by Chicago Booth Professor Haresh Sapra and colleagues from the University of Illinois at Urbana-Champaign and the University of Minnesota published in 2014 found there’s a happy medium between too little disclosure and too much delivered too often.

China Should Get It Right: America Is Rising Not Declining
August 19, 2018 | Forbes
A study of credit allocation of China’s economic stimulus plan of 2009-2010 by University of Chicago - Booth School of Business finds that credit expansion “disproportionately favored state-owned firms and firms with lower marginal product of capital, reversing the process of capital reallocation towards private firms that characterized China high growth before 2008.”

The Costs of Motherhood Are Rising, and Catching Women Off Guard
August 17, 2018 | The New York Times
More women with degrees and these kinds of demanding jobs are having children, and they’re likely to be married to men with similar jobs, as Marianne Bertrand, an economist at the University of Chicago, has described.

How Retail Mental Health Could Be Medicine's Next Frontier
August 16, 2018 | Forbes
For his efforts, Aldad won $140,000 in the University of Chicago Booth School of Business’ New Venture Challenge and Global New Venture Challenge competitions that have launched startups like online food delivery service Grubhub and payment processor BrainTree.

When Wives Earn More Than Their Husbands, Both Partners Are in Denial About It
August 16, 2018 | Slate
In 2013, researchers at the University of Chicago Booth School of Business, also using census data, found that marriage rates decline when a woman has the potential to out-earn her husband.

Former RBI Governor Rajan on emerging markets during a currency crisis
August 15, 2018 | CNBC
Raghuram Rajan, University of Chicago Booth School of Business professor and former Reserve Bank of India governor, discusses the Turkish currency crisis and what he sees for other emerging market economies.

Lincoln International's Middle Market Index Shows Ninth Consecutive Quarter of Enterprise Value Growth
August 15, 2018 | PR Newswire/Finanzen/
Much of this growth over the last year relates to the industrial and technology industries as both experienced double-digit growth since Q2 2017," said Steve Kaplan, Neubauer Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business, who assists and advises Lincoln about the index.

Leading Cannabis Company Cresco Labs Presents At Chicago Booth Entrepreneurial Roundtable
August 15, 2018 | PR Newswire/Morningstar/Markets Insider
Midwest-based cannabis company Cresco Labs was a featured presenter this week at the Chicago Booth Entrepreneurial Roundtable.

Precious Meddling: The Impact of Trump’s Tariffs on Steel
August 14, 2018 | WTTW
That’s going to raise the price of steel and aluminum in the U.S.,” said Jonathan Dingel, associate professor of economics at the University of Chicago Booth School of Business.

Princess Diana’s Thoughtful Habit Is Something Everyone Should Do
August 14, 2018 | Huffington Post/Yahoo!/MSN
As explained by The New York Times in July, Amit Kumar, a professor at the University of Texas at Austin, and Nicholas Epley, a professor at the University of Chicago, had participants write a “gratitude letter” to someone who had an effect on them and gauge how much the recipient would like the letter on a happiness scale.

Keeping Tesla shares may not be an option for some big funds
August 13, 2018 | Reuters
David Barclay, chief operating officer of the Center for Research in Security Prices at the University of Chicago’s Booth School of Business, said he knew of no case of a security remaining in an index fund after it went private.

Buy Stove Top Stuffing Mix or Own a Cat? You’re Probably White, According to a New Study.
August 12, 2018 | Slate
According to the Washington Post, University of Chicago economists Marianne Bertrand and Emir Kamenica “taught machines to guess a person’s income, political ideology, race, education, and gender based on either their media habits, their consumer behavior, their social and political beliefs, and even how they spent their time.”

Tesla's Wild Week: What Happened, What Comes Next
August 10, 2018 | Bloomberg
Bloomberg's David Welch and University of Chicago Booth School Professor Steve Kaplan examine the events that followed Musk's tweet and the issues that may await the electric car maker.

Elon Musk's Tesla buyout would reengineer take-private deals
August 8, 2018 | Reuters
“The company is cash-flow negative. How do you use any debt on a company that is cash-flow negative?” said Steven Kaplan, a University of Chicago professor who researches private equity.

Lazy people can motivate themselves by giving advice
August 7, 2018 | New York Post
Professor Ayelet Fishbach and her team even found that, contrary to popular belief, giving guidance is more beneficial than receiving it.

SoftBank CEO Plays Matchmaker to Boost Portfolio Companies
August 7, 2018 | The Wall Street Journal
“The question is how heavy-handed SoftBank is with their ‘recommendations,’” said Waverly Deutsch, professor of entrepreneurship at the University of Chicago Booth School of Business.

For Women In Particular, A Six-Figure MBA Is A Tough Decision
August 7, 2018 | Forbes
According to an economic study cited in the article, women’s post MBA average earnings at one prestigious MBA program, the Chicago Booth School of Business, fell below average male graduates’ earnings almost immediately after graduation and grew even more divergent over time.

Tariffs Prompt U.S. Manufacturers to Review Plans: Fed Survey
August 7, 2018 | Bloomberg
The Survey of Business Uncertainty, conducted with economists Nick Bloom of Stanford University and Steven Davis of the University of Chicago Booth School of Business, found that businesses were primarily putting their spending plans under review, with relatively few making firm decisions to cancel or postpone investments.

Social Psychology v. Behavioral Economics: 3 Key Differences
August 7, 2018 | Psychology Today
As an aside, I once asked Richard Thaler’s opinion of why proponents of neoclassical economic thinking have been so reluctant to admit to the frequent irrationality of our species.

Dealing With Low Confidence? Learn the Art of Giving Advice
August 7, 2018 | Entrepreneur
In the paper, “In Giving We Receive: A Counterintuitive Approach to Motivating Behavior,” published in the journalPsychological Science, Chicago Booth professor Ayelet Fishbach and University of Pennsylvania’s Lauren Eskries-Winkler and Angela Duckworth say that people struggling to achieve goals incorrectly assumed that they needed expert advice to succeed, when, in fact, they were better helped by giving out advice.

10 Business Schools With the Lowest Acceptance Rates
August 7, 2018 | U.S. News
The Booth School of Business at the University of Chicago, tied with Harvard at No. 1 in the rankings, accepted nearly 24 percent of applicants for fall 2017.

What MBAs Earn By Occupation: A Look At Top 50 Business Schools
August 7, 2018 | Poets & Quants
Here, Class of 2017 MBAs reported a median base of $142,793. On one hand, that’s within range of Chicago Booth, Wharton, Northwestern Kellogg and Dartmouth Tuck graduates, who all made $139,000 or more in base starting out.

The Cognitive Biases Tricking Your Brain
September 2018 | The Atlantic
Another key figure in the field is the University of Chicago economist Richard Thaler.

The Stock Market Is Shrinking. That’s a Problem for Everyone.
August 4, 2018 | The New York Times
By 2016, there were only 3,627, according to data from the Center for Research in Security Prices at the University of Chicago Booth School of Business.

Jobs boom favors Democratic counties, not Trump strongholds
August 6, 2018 | CNBC/MSN
Since the 1970s, Americans have also moved further apart on matters of "political ideology," according to research published in June by University of Chicago economists Marianne Bertrand and Emir Kamenica.

July jobs number lower than expected but June gains revised upward
August 3, 2018 | CNBC
Discussing the details of the July jobs report with Kristina Hooper, Invesco; Austan Goolsbee, Chicago Booth School of Business; Lanhee Chen, Hoover Institution; and Mark Grant, B.Riley FBR, alongside CNBC's Steve Liesman.

Michigan football saw Paris. The donor's family scored, too.
August 3, 2018 | Detroit Free Press
Steven N. Kaplan, a professor of entrepreneurship and finance at the University of Chicago Booth School of Business, said more information needs to be known to evaluate how well a fund actually did.

Apple’s $1 Trillion Milestone Reflects Rise of Powerful Megacompanies
August 2, 2018 | New York Times
“A year ago, the big tech companies were basically untouchable,” said Luigi Zingales, a finance professor at the University of Chicago who has studied government regulation and corporate behavior.

Fed widely expected to hike rates in September, former governor weighs in
August 2, 2018 | CNBC 
Randy Kroszner, Chicago Booth economics professor and former Federal Reserve governor, gives his view on the U.S. economy.

SoftBank’s unicorn hunter
August 2, 2018 | CNN
Doing so means surpassing the performance of major indices like the S&P 500, which gained 19% in 2017, says Steven Kaplan, who teaches entrepreneurship and finance at the University of Chicago Booth School of Business.

What Prevents People from Thanking Others?
August 1, 2018 | Psychology Today
Based on the results of a series of experiments, Amit Kumar and Nicholas Epley of the University of Chicago have concluded that people do not communicate their appreciation to people they care about because they often underestimate the positive consequences of expressing gratitude.

What Are Economists Getting Wrong Today?
August 1, 2018 | Bloomberg
I think sometimes, in policy circles especially, they want an answer—“When do you think X is going to happen?” —when in fact we don’t really have much to say about that. We have a lot to say about what do you do to make X not happen.” —Raghuram Rajan, Professor at the University of Chicago Booth School of Business and former Governor of the Reserve Bank of India.

Thank-you notes aren't a relic of the past — research suggests even a quick email of thanks can pay off in spades
July 31, 2018 | Business Insider
Amit Kumar at the University of Texas at Austin and Nicholas Epley at Booth School of Business at the University of Chicago enlisted hundreds of participants, or "expressers," to write thank you notes.

'Yes, and': Second City behavioral science group studies how improv can create better communication
July 29, 2018 | Chicago Tribune
To test this theory, Caruso began a partnership in 2017 between the University of Chicago’s Booth School of Business and one of the world’s leading improvisational comedy theaters and training centers — The Second City.

Media downplay Trump administration's economic successes
July 27, 2018 | CNBC
And here to respond to the man who held the same position during the Obama administration, currently an economics professor at the University of Chicago's Booth School of Business -- fantastic school by the way -- is Austan Goolsbee.

What's contributing to global economic uncertainty
July 27, 2018 | CNBC
Steven Davis, professor at the University of Chicago Booth School of Business, discusses trade tensions and how they've contributed to global economic uncertainty.

In Our ‘Winner-Take-Most’ Economy, the Wealth Is Not Spreading
July 26, 2018 | The New York Times
Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago, wrote that the sharp increase in profits reflects Warren Buffett’s investment dictum: “I look for economic castles protected by unbreachable ‘moats’ ” — profits have risen “because firms became better at creating product differentiation and erecting barriers to entry.”

Feeling guilt-prone likely means you're trustworthy, new study finds
July 26, 2018 | Big Think
Chicago Booth Assistant Professor Emma Levine, one of the researchers behind the study, suggests empowering employees with feelings of responsibility for their behavior as a means of building trust in the company.

2 Simple But Powerful Words That Can Change How People Think About You, According to Science
July 25, 2018 | Inc.
In their research, as reported by the website of the British Psychological Society and The New York Times, Amit Kumar at the University of Texas at Austin and Nicholas Epley at the University of Chicago Booth School of Business asked participants to write an email to thank someone who had touched their life in a meaningful way, and express what that person had done and how they had affected their life.

A new study shows you’d be crazy not to send a thank-you note post-interview
July 25, 2018 | Quartz
Co-authored by Amit Kumar, an assistant professor at the University of Texas at Austin who studies well-being, and Nicholas Epley, a professor of behavioral science at the University of Chicago, the study found that people routinely underestimate the value of expressing gratitude, and overestimate how harshly the literal elements of their thank-you note will be judged.

Why Your Phone Service Is So Expensive
July 25, 2018 | The New York Times
The economists Luigi Zingales of the University of Chicago and Mara Faccio of Purdue estimate that Americans pay $50 billion per year more than they would if they instead were paying European prices — for the same quality service.

How E.U.’s Google Fine Explains High Cellphone Costs in the U.S.
July 25, 2018 | The New York Times
Whatever the reason might be, the fundamental question is whether American antitrust enforcement has become excessively lax or the European one excessively strict (or a bit of both).

Rich people prefer iPhones, white people own pets: the data behind the cultural divide
July 24, 2018 | The Washington Post/Chicago Tribune/New York Daily News
To prove it, University of Chicago economists Marianne Bertrand and Emir Kamenica taught machines to guess a person's income, political ideology, race, education and gender based on either their media habits, their consumer behavior, their social and political beliefs, and even how they spent their time.

Curious how much your peers are making and spending? These companies will tell you
July 24, 2018 | MarketWatch
Consumers who realize they’re spending more than their peers—those who are of similar ages, incomes, locations and credit scores—will actually cut back on their spending, researchers at the University of Chicago’s Booth School of Business and the University of Maryland’s Smith School of Business concluded.

Economists Can’t Write Economically, Driving Demand for Brevity
July 23, 2018 | The Wall Street Journal
Their six pages in the Proceedings of the National Academy of Sciences set off a national debate over possible links between mortality and economic distress, and “there was a lot of discussion about whether a paper like that, sent to a standard economics journal, would have had a chance to get published," said University of Chicago economist Anil Kashyap.

Should you be worried about a flatter yield curve?
July 22, 2018 | CNBC/Yahoo!
Randy Kroszner, University of Chicago Booth School of Business professor and former Fed governor, says it would be too stark to conclude that "we're done" as soon as the yield curve flattens or slightly inverts.

How will the Fed react to Trump?
July 22, 2018 | CNBC/Yahoo!
U.S. President Donald Trump's comments could prove problematic if they aren't just a one-off, but Fed policy is unlikely to be swayed, says Randy Kroszner, University of Chicago Booth School of Business professor and former Fed governor.

Can factor investing kill off the hedge fund?
July 21, 2018 | Financial Times
In 1992 Eugene Fama and Kenneth French, two professors at the University of Chicago Booth School of Business, published a paper that showed how investors could beat the stock market’s returns — the “beta” in finance jargon — by taking advantage of two simple factors: the tendency of small or cheap companies to outperform over time.

Employers should let staff feel guilty for letting their boss down as it makes workers more trustworthy, scientists reveal
July 20, 2018 | Daily Mail
'Our research suggests that if you want your employees to be worthy of trust, make sure they feel personally responsible for their behaviour and that they expect to feel guilty about wrongdoing,' says Assistant Professor Emma Levine from the University of Chicago, who led the research.

How Consumers Can Resist Companies’ Market Power
July 20, 2018 | The New York Times
Op-ed by Austan Goolsbee. A basic rule of economics is that the price depends on how willing consumers are to buy something else.

Fed will focus on staying in its lane, says former Fed governor
July 19, 2018 | CNBC
Randy Kroszner, University of Chicago Booth School of Business professor and former Federal Reserve governor, weighs in on President Trump's comments to CNBC about the Fed raising rates. CNBC's Steve Liesman also weighs in.

Saying ‘Thank You’ Isn’t Awkward, Study Finds
July 19, 2018 | CBS
In five separate experiments, professors Nicholas Epley and Amit Kumar observed how participants measured expectations of awkwardness, surprise and happiness a letter would make the recipient feel.

Want to genuinely (and scientifically) make the world a better place? Send thank-you notes
July 18, 2018 | Big Think
According to a new study out of the Booth Business School at the University of Chicago, researchers say that although most people find the practice of writing a thank-you to be awkward (more on that in a bit), the people who receive them are far more appreciative than the note-maker might ever have thought.

U.S. Housing Starts Drop by Most Since '16 to Nine-Month Low
July 18, 2018 | Bloomberg
Professor Randal Kroszner examines U.S. Housing starts for June.

Surveillance: Inflation Expectations Are Too Low, Kroszner says
July 18, 2018 | Bloomberg
Randall Kroszner, University of Chicago Professor & Former Fed Governor, says we ought to be open to the possibility that the yield curve flattening does not mean recession.

Does Popcorn Taste Better When You Eat It with Chopsticks?
July 18, 2018 | Food Network
Smith and co-author Ed O’Brien, of the University of Chicago’s Booth School of Business, conducted four studies.

A New Study Busts All Your Excuses for Not Saying Thank You More
July 18, 2018 | Inc.
The study by University of Chicago professors Nicholas Epley and Amit Kumar (who has since moved to the University of Texas at Austin) had a simple design: gather up study subjects and ask them to write a letter of thanks, as well as predict how awkward and how happy the letter would make the recipient.

When wives earn more than husbands, neither partner wants to admit it
July 18, 2018 | The New York Times/National Post
A large study by economists at the University of Chicago, using census data from 1970-2000, found that marriages in which the woman earned more were less likely to form in the first place, and more likely to end in divorce.

Research says if you own this item you’re wealthy
July 17, 2018 | Better Homes and Gardens
The research was done in partnership with University of Chicago with the goal of identifying the ways in which our lifestyles relate to our income by examining media consumption, consumer behavior and social attitudes over a number of years.

Use These 10 Products? If So, You’re Probably Wealthy
July 13, 2018 | Money Magazine
Those are among the consumer brands economists at University of Chicago say most consistently correlate with a purchaser’s wealth.

Are Republicans finally showing sanity on Trump's trade war?
July 11, 2018 | MSNBC
Democrats and many Republican senators voted for a symbolic rebuke of Donald Trump’s tariffs today—as Donald Trump complained about trade at the NATO summit in Europe. Lawrence discusses with Professor Austan Goolsbee.

Economists dismiss central banks’ ability to affect productivity
July 11, 2018 | Financial Times
The Chicago Booth European IGM Economic Experts Panel regularly asks 50 economists working at top institutions for their views on public policy issues, ranging from bitcoin to the Greek bailout to the EU’s proposal for a digital sales tax. Economists were divided or uncertain about all three in recent polls.

Bitcoin Looks More Like Gold Than a Currency
July 11, 2018 | Bloomberg
One such argument is made by University of Chicago Booth School of Business economist Eric Budish in a new working paper entitled “The Economic Limits of Bitcoin and the Blockchain.”

China’s Technology Sector Takes On Silicon Valley
July 10, 2018 | Bloomberg
“The risk is that money goes to political favorites, then the bad drives out the good,” says Steven Kaplan, a professor of entrepreneurship at the University of Chicago.

What we buy can be used to predict our politics, race or education — sometimes with more than 90 percent accuracy
July 9, 2018 | The Washington Post
To prove it, University of Chicago economists Marianne Bertrand and Emir Kamenica taught machines to guess a person’s income, political ideology, race, education and gender based on either their media habits, their consumer behavior, their social and political beliefs, and even how they spent their time.

If trade wars escalate it will pull us all into a recession, says Austan Goolsbee
July 9, 2018 | CNBC
Austan Goolsbee, Booth School of Business professor, and Alex Brill, American Enterprise Institute research fellow, provide insight to President Trump's trade policies and its potential impact on global economies.

Report: iPhone Is Most Common ‘Status Symbol’ of Wealth
July 9, 2018 | Breitbart
In a National Bureau of Economic Research paper, the University of Chicago’s Marianne Bertrand and Emir Kamenica declared, “Across all years in our data, no individual brand is as predictive of being high-income as owning an Apple iPhone in 2016.”

Own an iPhone? New study says you're probably rich.
July 8, 2018 | Mashable
The paper, by Marianne Bertrand and Emir Kamenica, has some interesting details. For example, while in 1992 using Grey Poupon Dijon was 62.2% indicative of being high income, by 2016 that fanciest of mustards had been replaced by the iPhone.

Researchers find that owning an iPhone or iPad is the number-one way to guess if you’re rich or not
July 8, 2018 | Business Insider/Yahoo!
That's one of the takeaways from a new National Bureau of Economic Research working paper from University of Chicago economists Marianne Bertrand and Emir Kamenica.

People are quitting their jobs in droves this year — and getting record-setting pay boosts because of it
July 6, 2018 | Business Insider
It's yet another sign of a good economy, Steven Davis, an economist at the University of Chicago, told the Journal.

In This Economy, Quitters Are Winning
July 4, 2018 | The Wall Street Journal/Morningstar
The recent uptick in quitting goes against a long-running decline in worker mobility. In recent decades, as the population aged and business startups became relatively more rare, employees tended to stick at their jobs longer, said Steven Davis, an economist at the University of Chicago who studies labor-market churn.

Trade Wars, Dollar Dominance And What It Means For Global Investing
July 3, 2018 | Forbes
In new research from Harvard’s Matteo Maggiori, Chicago Booth’s Brent Neiman and Columbia’s Jesse Schreger, the trio of academics unveil a startling find: starting at the time of the global financial and Eurozone crises, the share of corporate bond holdings denominated in U.S. dollars surges while that denominated in euros collapses.

There’s only one way to truly understand another person’s mind
July 3, 2018 | Quint
Researchers from the University of Chicago and Northeastern University in the US and Ben Gurion University in Israel conducted 25 different experiments with strangers, friends, couples, and spouses to assess the accuracy of insights onto other’s thoughts, feelings, attitudes, and mental states.

Does The Flat Yield Curve Point To A Looming Recession?
June 30, 2018 | Bloomberg
Is the flattening yield curve in the U.S. bond market sending signals of a looming recession? That’s still not clear, Former RBI Governor Raghuram Rajan wrote in the Financial Times.

Smart people talk to their dogs
June 29, 2018 | WGNO
Good news for me... people that talk to their pets are smarter than those that don't. That is according to Nicholas Epley, a professor of behavioral science at the University of Chicago.

Bond markets send signals of a looming recession
June 29, 2018 | Financial Times
Article by Raghuram Rajan: The US bond markets are telling us something, but it is not clear exactly what.

Goolsbee Says Tax Cuts Weren't Paid for, Haven't Helped Americans
June 29, 2018 | Bloomberg
Austan Goolsbee, professor of economics at the University of Chicago Booth School and former chairman of the Council of Economic Advisers, discusses the economic impact of U.S. tax policy with Bloomberg's David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power."

How regulators can prevent excessive concentration online
June 29, 2018 | The Economist
That belief has long held sway at the University of Chicago, a bastion of free-market thinking, which helped make the word “antitrust” lose most of its meaning in America, not least with respect to technology.

A paradox at the heart of gift-giving
June 28, 2018 | The Economist
In this context, a study just published in Psychological Science, by Adelle Yang at the National University of Singapore and Oleg Urminsky at the University of Chicago, looks illuminating.

Update: EU Divided Amid Migration Row
June 28, 2018 | BBC
Luigi Zingales at the University of Chicago Booth has been watching developments.

There's no right way to eat food; studies show boring food tastes better when eaten differently than usual
June 27, 2018 | Yahoo!
According to OSU assistant professor of marketing Robert Smith, who conducted the study with Ed O’Brien of the University of Chicago’s Booth School of Business, “The more we eat of something, the less we enjoy it. In our research, we find that people don’t experience this same lowering of enjoyment when they consume food in new ways.”

Bored with your food? Study shows there's a way to make it taste new again
June 27, 2018 | Today/NBC
Through a series of tests, OSU assistant professor of marketing Robert Smith and Ed O’Brien of the University of Chicago’s Booth School of Business, explored how subjects reacted to food, water and videos with a renewed sense of enjoyment when they broke traditional habits and did something more peculiar.

Why popcorn tastes better when you eat it with chopsticks
June 26, 2018 | Science Daily
Smith conducted the study with Ed O'Brien of the University of Chicago's Booth School of Business. The results appear online in Personality and Social Psychology Bulletin.

The New Form of Intelligence You'll Need
June 22, 2018 | U.S. News
Two professors, Nick Polson from the University of Chicago Booth School of Business and James Scott from the University of Texas at Austin, tried to put a face on the technology by writing a book that illustrates the beginning of AI through several examples of historical figures and other individuals who developed algorithms for humanity's different problems.

In Hitting China on Trade, Trump Is Seen Neglecting U.S. Emerging Industries
June 21, 2018 | The New York Times
“It is something that is very real,” said Chang-Tai Hsieh, an economist who focuses on growth and development issues at the University of Chicago’s Booth School of Business.

New study debunks Dale Carnegie advice to 'put yourself in their shoes'
June 21, 2018 | Science Daily
Putting yourself in someone else's shoes and relying on intuition or "gut instinct" isn't an accurate way to determine what they're thinking or feeling," say researchers from Ben-Gurion University of the Negev (BGU), the University of Chicago (Nicholas Epley) and Northeastern University.

The global rise of corporate titans is forcing us all to pay more for the same old stuff
June 20, 2018 | Quartz
That’s what economist Luigi Zingales calls the “Medici Vicious Circle” (pdf). He’s referring to Italy in the Middle Ages, when powerful families hijacked democratic institutions, running nation-states as extensions of their commercial dynasties.

German automakers support dropping EU-US car import tax
June 20, 2018 | FOX
Former Obama economic adviser Austan Goolsbee and former Reagan economic adviser Art Laffer discuss the reports that German automakers support the free trade of vehicles between the European Union and the United States.

ECB Probably a Year Away From Hiking Rates, Says Zingales
June 20, 2018 | Bloomberg
University of Chicago Booth School Finance Professor Luigi Zingales discusses the European Central Bank's rate path as they exit quantitative easing.

ECB's Job-Rich Recovery Shows Up in Portugal as Italy Struggles
June 19, 2018 | Bloomberg
“I wish Italy had the same prospects as Portugal these days,” Italian-born Luigi Zingales, professor of finance at the University of Chicago Booth School of Business, said in a Bloomberg TV interview in Sintra.

Why You Should Eat Popcorn with Chopsticks
June 19, 2018 | Live Science
In a series of studies soon to be published in Personality and Social Psychology Bulletin, we found that consuming things in unconventional ways enhances enjoyment of them.-- Professor Ed O'Brien.

Look Who's Talking: How Active Are CEOs On Transcripts, And Why Does It Matter?
June 18, 2018 | Forbes
A recent study by the University of Chicago Booth School of Business revealed the following about CEO activity on calls:...

Bitcoin Could Break the Internet, Central Bank Overseer Says
June 17, 2018 | Bloomberg
Yet with supporters pushing to make it a mass market platform utilized by companies and governments, it may become too expensive to secure, concludes Eric Budish, the paper’s author and an economics professor at the University of Chicago Booth School of Business.

Great Leaders Have More Fun: Advice From Comedian Tiffany Haddish
June 15, 2018 | Inc.
But a study on goal achievement from researchers at the University of Chicago, Booth School of Business found that fun and enjoyment are the most important predictors of whether a person will stick to a goal.

How To Tackle Booth’s New Surprise Essay
June 15, 2018 | Poets & Quants
Chicago Booth is switching things up with two new essay questions for the 2018-2019 application cycle.

The AT&T-Time Warner Megamerger Sets A Dangerous Precedent
June 13, 2018 | Huffington Post/MSN
And then there are the effects that such enormous companies can have on our democracy. Luigi Zingales, a finance professor at the University of Chicago’s Booth School of Business, argues in a working paper that the more market power companies gobble up, the more political power they accrue.

The Purpose of the Corporation Isn’t Lobbying
June 12, 2018 | Bloomberg
Organizers Rebecca Henderson and David Moss of Harvard Business School, Luigi Zingales of the University of Chicago’s Booth School of Business, and Karthik Ramanna of the Blavatnik School held the first of these “Crisis in the Economic Theory of the Firm” conferences at Harvard in 2015.

E-Commerce Might Help Solve the Mystery of Low Inflation
June 11, 2018 | The New York Times
An analysis of that information by Austan Goolsbee of the University of Chicago and Peter Klenow of Stanford found that prices for goods sold on the internet rose much more slowly from 2014 to 2017 than indicated by barometers like the Consumer Price Index, or C.P.I.

Vanguard thinks its own employees should own this fund, not the S&P 500. They’re right
June 11, 2018 | MarketWatch
Thanks to the work of Eugene Fama and Kenneth French at the University of Chicago, we know that small-cap value stocks add return to diversified portfolios.

Too Much Risk Priced Into Italian Bonds, Bluebay's Riley Says
June 11, 2018 | Bloomberg
University of Chicago Booth School of Business Finance Professor Luigi Zingales and BlueBay Asset Management Chief Investment Strategist David Riley discuss Italian political risk, the economy and bonds.

Building rural roads does not guarantee prosperity
June 9, 2018 | Live Mint
Productivity gains in manufacturing not only increase the purchasing power of workers, but also decrease local inequality, according to a new research paper by Richard Hornbeck, professor at the University of Chicago Booth School of Business, and Enrico Moretti, professor at the University of California, Berkeley.

Even the White House’s Own Internal Economic Analysis Reportedly Found Trump’s Tariffs Will Hurt the U.S. Economy
June 7, 2018 | Slate
“In a March survey of an expert panel of academic economists assembled by the University of Chicago’s Booth School of Business, no economist agreed with the statement, ‘Imposing new U.S. tariffs on steel and aluminum will improve Americans’ welfare,’” the New York Times reports.

White House Analysis Finds Tariffs Will Hurt Growth, as Officials Insist Otherwise
June 7, 2018 | The New York Times
In a March survey of an expert panel of academic economists assembled by the University of Chicago’s Booth School of Business, no economist agreed with the statement, “Imposing new U.S. tariffs on steel and aluminum will improve Americans’ welfare.”

Can you really ‘nudge’ savings?
June 7, 2018 | Politico
The idea, based on research by Richard Thaler of the University of Chicago (who won the Nobel prize in economics last year in part for his work on the topic), is that instead of making employees log on to a computer to sign up, employers enroll them automatically as the default option. (They still have the freedom to opt out, but opting in is preset.)

Warren Buffett and Jamie Dimon are telling companies to quit giving quarterly earnings guidance
June 7, 2018 | Quartz
Not all observers agree that short-term thinking is damaging, or that it even exists. Steven Kaplan, a University of Chicago finance professor, has written about how the pearl-clutching over short-termism has been around for decades, with no evidence of a problem (pdf).

'Pragmatic' Beijing is what's stopping US and China from a 'blow up,' former central banker says
June 6, 2018 | CNBC
Among the countries that the U.S. has taken issue with, China has stood out for knowing how to handle President Donald Trump's administration to avoid worsening conflict, former Indian central bank governor Raghuram Rajan said Tuesday.

Elizabeth Warren and a Scholarly Debate Over Medical Bankruptcy That Won’t Go Away
June 7, 2018 | The New York Times
“I started becoming interested in medical bankruptcy partly after reading this paper,” said Neale Mahoney, a health economist at the University of Chicago Booth School of Business, whose research has focused on questions of medical debt.

New Research from Columbia Business School Shows How the Dollar Has Become the Only International Currency
June 6, 2018 | CEO Magazine
In a newly-released NBER paper, Schreger and his co-authors, Matteo Maggiori of Harvard Universityand Brent Neiman of The University of Chicago Booth School of Business, establish that global portfolios are driven by an often neglected aspect: the currency of denomination of assets.

Former central banker warns that ongoing trade tensions 'can get out of control very quickly'
June 5, 2018 | CNBC
Raghuram Rajan, former central bank governor for India and current finance professor at the Chicago Booth School of Business, warned that trade bargaining and threats of tariffs could result in a "lose-lose situation."

Rajan Says Asian Emerging Markets in Healthier Situation Than Past
June 4, 2018 | Rajan Says Asian Emerging Markets in Healthier Situation Than Past
Raghuram Rajan, a University of Chicago professor who previously led the Reserve Bank of India, talks about Federal Reserve monetary policy and its implications for the emerging markets in Asia and financial markets.

Former RBI governor on the biggest risk for markets
June 4, 2018 | CNBC
The biggest risk for markets now is that trade disputes widen as global interest rates rise, says Raghuram Rajan of the University of Chicago Booth School of Business and former governor of the Reserve Bank of India.

No Clear Danger in Asia as EM Faces Stress, Ex-RBI Chief Says
June 4, 2018 | Bloomberg
Raghuram Rajan, former governor of the RBI, talks about Fed policy and its implications of Asian emerging markets.

The swamp is alive and well
June 4, 2018 | Finanz und Wirtschaft
Luigi Zingales, Professor at the University of Chicago Booth School of Business, says that crony capitalism is growing rampant.

Local teen helps lead push for bill lessening restrictions on organ donation; law to go into effect this July
June 1, 2018 | Lawrence Journal World, Associated Press, U.S. News
He does, however, remember re-reading the 2008 book “Nudge: Improving Decisions about Health, Wealth, and Happiness,” by University of Chicago economist Richard H. Thaler and Harvard Law School professor Cass R. Sunstein.

Genetic factors may have a role to play in economic inequality
June 1, 2018 | Live Mint
E-commerce may be contributing to lower prices in the US, says a new research paper by Austan D. Goolsbee of the University of Chicago Booth School of Business and Peter J. Klenow of Stanford University.

Surveillance: Euro Isn’t a Well-Designed System, Zingales Says
May 31, 2018 | Bloomberg
Luigi Zingales, Chicago Booth School Finance Professor, thinks people underestimate how devastated Italy is by its economic situation.

Should women feel ashamed for earning more than their male partners?
May 31, 2018 | MarketWatch
It cited a University of Chicago study that found there was a greater risk of divorce when women made even $5,000 a year more than their husbands.

Kroszner Doesn't Expect Big Statement From G-7 Summit
May 30, 2018 | Bloomberg
Randall Kroszner, professor at the University of Chicago Booth School of Business and a former Federal Reserve governor, previews the Group of Seven summit.

Italian Euro Exit 'Incompatible' With Financial System, Zingales Says
May 30, 2018 | Bloomberg
University of Chicago Booth School of Business Finance Professor Luigi Zingales discusses the economic and market impact of Italian political uncertainty.

Small Companies Aren't Sharing in the Corporate Boom
May 29, 2018 | Bloomberg
The number of U.S. public corporations has more than halved since 1996, to 3,616 from 7,439, according to the Center for Research in Security Prices at the University of Chicago’s Booth School of Business.

Understanding ‘Hedonomics’ AKA The Science Of Happiness
May 29, 2018 | WBEZ
The University of Chicago’s Booth School of Business recently took a deep dive into “hedonomics” — the study of happiness — to take stock of the state of happiness in the world, which countries rank the best as far as happy citizens, and what you can do to optimize your own happiness.

36 Everyday Habits That Reduce Your Risk of Alzheimer’s
May 29, 2018 | Reader's Digest
Yet, research from the University of Chicago Booth School of Business has found that many of us overestimate the difficulty of connecting with strangers and underestimate the rewards of doing so.

Crises Past and Future Occupy World’s Greatest Economic Minds
May 28, 2018 | Bloomberg
Former Reserve Bank of India Governor Raghuram Rajan called for tighter oversight over shadow banking, financial technology and emerging markets.

What Advertising History Says About the Future of Fake News
May 25, 2018 | The New York Times
Austan Goolsbee, a professor of economics at the University of Chicago’s Booth School of Business, was an adviser to President Barack Obama.

The Democrats’ Midterm Dilemma
May 23, 2018 | The New York Times
One of the few people to really see Donald Trump coming was the University of Chicago economist Luigi Zingales, who warned way back in 2011 that American politics was going the way of his native Italy, that we could easily produce our own version of Silvio Berlusconi, and that Trump was an obvious candidate to bottle the celebrity-populist-outsider cocktail.

Even after his death, a Nobel prize-winning economist is taking on inequality
May 23, 2018 | Quartz
Becker was working on the paper in the years leading up to his death, said Scott Duke Kominers, a Harvard Business School professor who is a co-author, along with Kevin Murphy of the University of Chicago, and Jorg Spenkuch of Northwestern.

What does it take to win a business plan competition?
May 22, 2018 | Financial Times
This week, the Chicago Booth School of Business will award its Social New Venture Challenge prize, worth $75,000.

Former Fed Gov. Kroszner Says Fed Should Stay Ahead of Curve
May 17, 2018 | Bloomberg
"Continuing a gradual path of rate hikes is sensible," says Randall Kroszner. 'The Fed should be staying ahead of the curve rather than behind the curve."

Lawmakers are trying to curb contracts that make it harder to change jobs
May 17, 2018 | The Economist
Other researchers have considered the spillover effects of non-compete agreements for the wider economy. Jessica Jeffers of Chicago’s Booth School of Business finds that companies invest in equipment more in states where non-competes are legally enforceable.

Why, oh why, did Tronc pay Ferro $15 million?
May 16, 2018 | Crain's
"The general rule is that when you are getting services, you expense it over the time period when you're getting the services," explains Leonard Soffer, an accounting professor at the University of Chicago Booth School of Business.

WeWork, the Workspace Giant, Wants to Be Its Own Landlord, Using Other Investors’ Money
May 13, 2018 | The Wall Street Journal
Generally with conflicts, “you’re going to push profits to the side [where] you have the greatest financial interest,” said Joseph Pagliari, a professor at University of Chicago’s business school, who has studied real estate funds.

FT Executive Education Rankings 2018
May 13, 2018 | Financial Times
Booth School of Business is up 11 places and back in the top 10 after falling to 19th last year, its worst performance since 2010.

Editorial: Uber’s surge pricing keeps drivers on road
May 12, 2018 | The Boston Herald
In a 2014 case study, Chris Nosko, an economics professor at the University of Chicago Booth School of Business, and a couple of Uber techies found that on a night after a big pop concert in New York City, the effect of surge pricing was the doubling of the number of drivers­ on scene.

Rajan Sees Possible "Magic Moment" on Inflation
May 11, 2018 | Bloomberg
Raghuram Rajan, a Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, former Governor of the Reserve Bank of India, former vice chairman of the Board of the Bank for International Settlements, and former chief economist at the International Monetary Fund, explains why he is concerned about spillover effects on emerging markets from the policies of central banks in industrialized nations, adding that it’s appropriate for the Federal Reserve to be raising interest rates now as a precautionary move against the possibility of a "magic moment" when tighter labor markets around the world starts pushing up wages and causes inflation to accelerate.

Surveillance: People Respond to Higher Wages, Goolsbee Says
May 11, 2018 | Bloomberg
Austan Goolsbee, University of Chicago Booth School of Business Professor, says the tax cut was pretty negligible.

Top MBAs for finance 2018
May 8, 2018 | Financial Times
#3 University of Chicago: Booth

Meet the Pro-Trade, Pro-Immigration Economist Running for Congress. As a Republican. In Ohio.
May 6, 2018 | New York Times
In 2016, when a University of Chicago survey asked more than three dozen prominent economists whether workers in Ohio and Michigan would have been better off if the United States had been tougher in trade negotiations, almost none said yes.

China Softens Tone on Trade After U.S. Leaves Empty Handed
May 6, 2018 | Bloomberg
One of the Trump administration’s biggest fears is that China swamps industries from artificial intelligence to aircraft manufacturing in the same way it did steel and aluminum previously, shutting the U.S. out of sectors in which it now holds an advantage, former Reserve Bank of India Governor Raghuram Rajan said in a Bloomberg Television interview.

The United States of Japan
May 4, 2018 | The New Yorker
“So what are they doing with their time?” the University of Chicago economist Eric Hurst has asked. “The hours that they are not working have been replaced almost one for one with leisure time."

Longer term labor story is very strong, says pro
May 4, 2018 | CNBC
Thomas Lee, Fundstrat Global Advisors; Jeff Rosenberg, BlackRock Investment Institute; Romina Boccia, The Heritage Foundation, and Austan Goolsbee, Booth School professor, provide reaction to latest jobs data from the Labor Department.

Company Signs to Watch for Ahead of Earnings
May 3, 2018 | U.S. News
Deceptive CEOs and CFOs can cost investors 4 to 11 percent per year, according to research by David F. Larker of the Stanford Graduate School of Business and Anastasia A. Zakolyukina of the University of Chicago Booth School of Business.

Who Will Be the Next BOE Governor?
May 3, 2018 | Bloomberg
A former governor of the Reserve Bank of India and IMF chief economist, Rajan’s name has been floated as a potential candidate who could bring a global perspective to monetary policy as the U.K. disentangles itself from the EU.

Markets are unprepared for a spike in inflation: Former Fed governor
May 2, 2018 | CNBC
A stronger increase in inflation could see a "bigger roiling of markets" than in February this year, says Randy Kroszner of the University of Chicago Booth School of Business and a former governor of the Federal Reserve.

“THE OPPORTUNITY HAS NEVER BEEN RICHER”: SILICON VALLEY SEES DOLLAR SIGNS IN THE A.I. APOCALYPSE
May 2, 2018 | Vanity Fair
Luigi Zingales, a professor of entrepreneurship and finance at the University of Chicago’s Booth School of Business, said that companies like Facebook and Google deploy their ad technologies in absolutely frightening ways and should be stopped.

The Only Prescription is More Transparency
May 1, 2018 | NPR
Mark Maffett of the University of Chicago's Booth School talked to us about a study his team did of markets where this is already happening.

So A Rice Grower And A Wheat Grower Walk Into A Coffee Shop
May 1, 2018 | NPR
"It sounds a bit crazy, I know," says Thomas Talhelm, an assistant professor of behavioral science at the University of Chicago Booth School of Business, who put forth the idea in a study published last week in Science.

In Chicago deal, NYSE buys a lab for innovation
April 27, 2018 | Crain's
"They're fearful of what's ahead, and it makes sense to get another medallion," Concannon told an audience at a March symposium in Chicago sponsored by the Security Traders Association and the University of Chicago Booth School of Business.

Behaviour of Chinese people in coffee shops dictated by what their ancestors farmed, scientists claim
Apr 26, 2018 | The Independent
“All told, we inconvenienced about 678 people in Starbucks around China,” said Professor Thomas Talhelm, a behavioural scientist at the University of Chicago Booth School of Business.

Your Behavior in Starbucks, and the Link to Your Ancestors
Apr 25, 2018 | Discover Magazine
Though the potential for confounding variables is certainly significant, study author Thomas Talhelm, an assistant professor of behavioral science at the University of Chicago’s Booth School of Business, says his team’s work nevertheless reveals important insights.

Your behavior in Starbucks may reveal more about you than you think
Apr 25, 2018 | Science Magazine
Thomas Talhelm, a sociologist at the University of Chicago in Illinois, decided to test those theories in an unlikely place: Starbucks.

Asia #OnCampus A Growing Number of Indian Americans Are Leading America's Best Business Schools
Apr 25, 2018 | Forbes
Recent years have witnessed several Indian Americans take the helm of the nation’s most selective business schools: Nitin Nohria at Harvard, Dipak Jain at Northwestern (2001-2009), Rangarajan Sundaram at NYU and Paul Almedia at Georgetown. The list also includes Kumar’s replacement at Booth, Madhav Rajan.

Amazon and Walmart CEOs Make — Surprise! — Drastically More Money Than Their Employees
Apr 24, 2018 | Racked
Steven Kaplan, a finance professor at the University of Chicago’s Booth School of Business, also argued that companies must incentivize CEO candidates who are already earning big salaries at law or consulting firms.

US Executive MBA Market is Expected to Grow at a CAGR of 5.2% During the Period 2017-2022: Ken Research
Apr 24, 2018 | PR Newswire/Marketplace/NBC
The first Executive MBA program was created at the University of Chicago's Booth School of Business in 1943.

The 40 Best Business Professors Under 40
Apr 23, 2018 | Poets & Quants
“They’re not a passive audience,” says Anuj Shah, a 34-year-old professor of behavioral science at Chicago Booth. “They’re willing to have a conversation, and that conversation sometimes highlights some of my own blind spots.” Ed O’Brien, 31, of the Booth School of Business is one of the youngest on this year’s list of best business profs under 40.

Seeds for new financial crisis 'being planted', warns economist Douglas Diamond
Apr 23, 2018 | Independent
Professor Douglas Diamond of the University of Chicago is the author of a canonical theoretical model of bank runs and last week was awarded the triennial Onassis prize in finance.

Art imitates life in the digital age
Apr 23, 2018 | Financial Times
True story: I come out of the University of Chicago’s antitrust and competition conference last Friday and hop into a cab to the airport.

Data Sheet—How to Regulate Facebook, Amazon, Apple, Netflix, and Google
Apr 23, 2018 | Fortune
I attended a spectacular conference Friday at the University of Chicago’s Booth School of Business, whose Stigler Center for the Study of the Economy and the State hosts an annual discussion of antitrust and competition issues.

U.K.'s Hammond Willing to Look Abroad for Carney's BOE Successor
Apr 22, 2018 | Bloomberg
Potential foreign candidates could include former Mexican central bank chief Agustin Carstens, who now runs the Bank for International Settlements, and Raghuram Rajan, the University of Chicago professor who previously led the Reserve Bank of India.

Starting gun prepped in race to replace Mark Carney at Bank of England
Apr 22, 2018 | Financial Times
Attracting Raghuram Rajan, the highly respected Chicago-based economist and former Reserve Bank of India governor, would be a coup, as would securing Agustín Carstens, Mexico’s central bank chief and the new general manager of the Bank of International Settlements.

What It Takes to Get Accepted at a Top MBA Program
Apr 20, 2018 | US News
Chicago Booth GMAT: 730 | Average GPA: 3.61 | Months of work experience: 51 | US News b-school rank: 1

Why Southern Dads Always Buy Generic
Apr 18, 2018 | Southern Living
According to a 2014 paper out of Tilburg University and the University of Chicago, the more informed the consumer, the more likely they are to purchase generic products over name brand ones.

Surveillance: Economy is Doing Relatively Well, Zingales Says
Apr 18, 2018 | Bloomberg
Luigi Zingales, University of Chicago Booth School of Business Professor, does not think we’ve seen the worst of the populist surge yet.

Economic growth not as great as it looks, says former Obama economist Austan Goolsbee
Apr 18, 2018 | CNN
Former President Barack Obama's chief economic adviser Austan Goolsbee thinks that economic growth is "okay, but not as good as the optimists believe."

Former Obama economist Austan Goolsbee joins Quest on 'Markets Now'
Apr 17, 2018 | CNN
Now a professor of economics at the University of Chicago's Booth School of Business, Goolsbee was the youngest member of the Obama cabinet.

Facebook Understands User Needs Better Than Congress Does
Apr 17, 2018 | National Review
A study from the University of Chicago’s Booth School of Business noted that not addressing the issue of fake news decreased user engagement on Facebook, something that inevitably hurts the company’s bottom line.

Friday the 13th Is Back. Here's Why It Scares Us.
Apr 13, 2018 | National Geographic
Jane Risen, a behavioral scientist at the University of Chicago Booth School of Business, has found that superstitions can influence even nonbelievers.

What taxi ride data reveals about the NY Fed and big banks
Apr 13, 2018 | Marketplace
(David) Finer is a PhD candidate at the University of Chicago Booth School of Business. He talked with Marketplace host Kai Ryssdal about using taxi data to examine the relationship between banks and the Fed.

Why Small-Cap Equity Is The Next Dinosaur
Apr 12, 2018 | Forbes
In 1996, more than 8,000 companies were listed on U.S. stock exchanges. Today, that figure is less than half, according to the Center for Research in Security Prices at the University of Chicago’s Booth School of Business.

Implementation of GST not 'unfixable' problem: Ex-RBI chief Raghuram Rajan
Apr 12, 2018 | PTI/The Times of India/Bloomberg
Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an "unfixable problem", former RBI governor Raghuram Rajan has said, reiterating that demonetisation was "not a well-planned, well thought-out" move.

Economists Say U.S. Tariffs Are Wrong Move on a Valid Issue
Apr 11, 2018 | The New York Times/MSN
“It’s obviously a terrible mistake” to have quit the agreement, said Austan Goolsbee, an economist at the University of Chicago’s Booth School of Business and another past chairman of Mr. Obama’s Council of Economic Advisers.

Widespread Fraud in ICOs and Penny Stocks Shocked SEC’s Jay Clayton
Apr 10, 2018 | Bloomberg
Clayton’s pointed remarks at an equity markets symposium sponsored by the University of Chicago Booth School of Business and the Security Traders Association were the latest in a series of critical statements on the topic since he joined the SEC last May.

13 Things to Know About CEO Pay Ratios
Apr 9, 2018 | U.S. News
To avoid getting swept up in the hype, Steven Kaplan, a finance professor at the University of Chicago Booth School of Business, tells investors to review the CEO's pay instead.

Chicago Fed chief upbeat on Midwest
Apr 9, 2018 | Crain's
Charles Evans talked about current economic conditions and monetary policy as a speaker at the University of Chicago Graduate China Forum on April 7.

What happened with ‘Hamilton’: How the blockbuster strained Kennedy Center
Apr 9, 2018 | The Economist
Although the top ticket price is steep, many seats were made available at a below-market price, said Eric Budish, a professor of economics at the University of Chicago’s Booth School of Business.

7 Reasons Why a U.S.-China Trade War Is Unlikely
Apr 6, 2018 | The Economist
Thus, putting up trade barriers will mean more jobs for robots, not necessarily workers, according to a recent study by economists at the University of Chicago Booth School of Business.

Academic: Steve Bannon was able to intercept disgruntlement of voters
Apr 6, 2018 | CNBC
The establishment "piling up" is not a solution to defeating the rise of global populism, says Luigi Zingales, professor at the University of Chicago Booth School of Business.

Indiana Economists Weigh In On Winners, Losers In Trump Steel Tariffs
Apr 5, 2018 | WFYI
A survey conducted Chicago Booth’s Initiative on Global Markets, asked 40 economists around the country if the steel and aluminum tariffs would improve Americans’ welfare.

Rise of the machines
Apr 4, 2018 | The Economist
MBAs want to learn how AI is being used in the firms they are likely to graduate into, explains Michael Gibbs, a professor at the University of Chicago Booth’s School of Business, and former director of its Executive MBA (EMBA) programme.

M.B.A. Students Compete for Cash in Rapid-Pitch Contests
Apr 4, 2018 | The Wall Street Journal
University of Chicago Booth School of Business in March announced that it was using most of a $5 million gift from alumnus and construction magnate Rattan Khosa to endow a prize for its startup competition, ensuring the winning students walk away with at least $150,000.

Kroszner Says Williams Good for Powell
Apr 4, 2018 | Bloomberg
Randall S Kroszner, Professor of Economics at the University of Chicago Booth School of Business, discussing the announcement of San Francisco Fed President John Williams taking over for NY Fed President Bill Dudley.

Tariffs Unlikely to Bring Back Many U.S. Blue-Collar Jobs, Study Finds
Apr 4, 2018 | The Wall Street Journal
“Putting up barriers to trade now, isn’t going to take the machines away,” said Erik Hurst, and economist at the University of Chicago and one of the study’s authors.

Are financial markets too fast?
Apr 3, 2018 | WN.com
On this episode of The Big Question, Chicago Booth Review's Hal Weitzman talks with Chicago Booth professor of economics Eric Budish, Chicago Trading Company's Steve Crutchfield, and former Commodity Futures Trading Commission commissioner Sharon Bowen about how speed affects financial markets and what, if anything, we should do about it.

For a Pleasant Commute, Talk Up a Stranger
Apr 3, 2018 | WNYC
Buried in this segment about men becoming socially isolated in middle-age, he mentions a University of Chicago study that found people have a more pleasant commute when they connect with the person sitting next to them.

How MBA Students Can Get More International Experience
Apr 3, 2018 | U.S. News
Many schools have introduced globally focused courses such as Chinese Economy and Financial Markets at the University of Chicago Booth School of Business or The Political Economy of China at the Stanford University Graduate School of Business.

Charitable Giving by Corporations Is Also About Getting, a New Study Finds
Apr 3, 2018 | The New York Times
University of Chicago grad student David Andrew Finer realized that the data could shed light on how Wall Street interacts with the Federal Reserve, especially around the critical times when the central bank is voting whether to raise or lower interest rates.

Manufacturing losses have fueled opioid addiction: Study
Apr 2, 2018 | Washington Examiner
University of Chicago social scientists found that the decline of jobs in the sector during the 2000s could explain up to one-third of the decline in employment for working-age people since 2000.

Big Data About Taxi Cabs Sheds Light on How the Federal Reserve Works
Apr 2, 2018 | Fortune
Sifting through the donations to charity from 1998 to 2015 by foundations set up by the largest companies in the United States — those in the Fortune 500 or the Standard & Poor’s 500-stock index — Marianne Bertrand of the University of Chicago’s Booth School of Business; Matilde Bombardini and Francesco Trebbi of the University of British Columbia; and Raymond Fisman of Boston University detected a pattern of contributions to 1,087 charities linked to 451 members of Congress.

Chicago celebrates tech jobs, but sector sees only modest growth
Apr 2, 2018 | Chicago Tribune
Technology’s steady share of the total workforce does not worry ChicagoNext Chairman Mark Tebbe. A part of World Business Chicago, ChicagoNext is focused on driving growth in the city’s tech industry.

The federal government's spending bill speeds us toward national bankruptcy
Mar 30, 2018 | Chicago Tribune
A poll of 38 economists by the University of Chicago Booth School of Business found only one who agreed the tax plan will have a substantial positive effect on economic growth. All agreed it will enlarge the debt.

Transitioning From Business To Politics: Who's More Likely To Succeed?
Mar 29, 2018 | NPR
The Show's Steve Goldstein is joined by John Paul Rollert, an adjunct assistant professor at the University of Chicago’s business school, to talk about that.

Steady Hours Boost Retail Worker Productivity And Sales, Study Finds
Mar 28, 2018 | Huffington Post
"The results suggest that employers can improve work schedules in hourly jobs and also meet their business goals," Susan Lambert, a co-author from the University of Chicago, said in a statement from the school.

Trump claimed the tax bill would lead to a huge boost in business spending — but there's no sign of it yet
Mar 27, 2018 | Business Insider
A new survey published by the Federal Reserve Bank of Atlanta in conjunction with Stanford University and University of Chicago Booth School economists shows the new policy measures have done little do bolster corporate investment plans.

The Great Inflation Mystery
Mar 22, 2018 | Bloomberg
The sales channel matters, too. Inflation of goods sold online ran 1.3 percentage points lower than the Consumer Price Index for the same product categories from 2014 to 2017, according to research by Austan Goolsbee of the University of Chicago Booth School of Business and Pete Klenow of Stanford, who analyzed data from the Adobe Experience Cloud, which includes 80 percent of the transactions of the top 100 U.S. retailers.

6 Biggest Surprises In The New MBA Ranking From U.S. News
Mar 21, 2018 | Forbes
But this year there were a number of eye-opening changes, from Chicago Booth's first-place tie with Harvard Business School to Yale School of Management's tumble out of the top ten.

The best business schools in America, according to U.S. News
Mar 21, 2018 | Marketwatch
The University of Chicago’s Booth School of Business jumped from last year’s No. 3 spot to No. 1 in a tie with Harvard Business School.

Reforms Unlikely Till 2019 General Elections, Says Raghuram Rajan
Mar 20, 2018 | Bloomberg
Rajan, who is currently a professor of finance at the University of Chicago Booth School of Business, further said India can move up from the 7.5 percent growth, which is not enough to employ the 12 million people coming to the labour force every year in good jobs.

U of C's Booth school No. 1 for first time in U.S. News ranking
Mar 20, 2018 | Crain's Chicago
The University of Chicago's Booth School of Business ascended to the top of the U.S. News & World Report ranking of MBA programs for the first time.

CNBC Transcript: Raghuram Rajan, Professor of Finance, University of Chicago Booth School of Business, & Former Governor, Reserve Bank of India
Mar 20, 2018 | CNBC
Following is the transcript of CNBC's exclusive interview with Raghuram Rajan, Professor of Finance, University of Chicago Booth School of Business, & Former Governor, Reserve Bank of India at the Credit Suisse Asian Investment Conference in Hong Kong.

The Trial Over the Future of Media Kicks Off Today
Mar 20, 2018 | Bloomberg
Squaring off against Shapiro will be AT&T’s economist, University of Chicago professor Dennis Carlton.

India needs to grow faster than is expected, says its former central bank head
Mar 19, 2018 | CNBC
"(But) India needs stronger growth than that. It needs to get to the Chinese level, the 10 percent that China had in the early 2000s," added Rajan, who's now a finance professor at the University of Chicago Booth School of Business.

Why CEOs Like Rex Tillerson Fail in Washington
Mar 18, 2018 | The Atlantic
Op-ed by John Paul Rollett.

These Are the World’s Best-Paid MBA Graduates
Mar 16, 2018 | Bloomberg
The Sloan School of Management at the Massachusetts Institute of Technology came out on top, with a median salary and bonus of $286,000, according to a survey from Emolument.com, a crowdsourced site for benchmarking salaries. Graduate programs at Harvard and the University of Chicago finished second and third.

How the Bear Stearns Meltdown Wrecked Something More Valuable than Money
Mar 16, 2018 | The Wall Street Journal
“People need to be able to trust something or someone,” says Luigi Zingales, a finance professor at the University of Chicago’s Booth School of Business.

Blackstone’s Crown Prince Built His Career on Bold Real Estate Bets
Mar 16, 2018 | Bloomberg
“The investors want to put a lot of money to work, and that favors those who have economies of scale,” says Steven Kaplan, a professor at the University of Chicago Booth School of Business.

ow the DOJ’s Face-Off With AT&T Could Alter American Business
Mar 15, 2018 | The Wall Street Journal
AT&T has turned to University of Chicago economics professor Dennis Carlton, who has provided expert testimony in antitrust cases for more than 30 years.

William Watson: Ten out of 10 disagreeable economists finally agree — Trump is wrong
Mar 15, 2018 | Financial Post
Given economists’ reputation for disagreement, it’s a bit of shock to see complete unanimity in this week’s IGM survey of 43 leading American economists conducted by the University of Chicago’s Booth School of Business.

Noncompete Pacts, Under Siege, Find Haven in Idaho
Mar 14, 2018 | The New York Times
The share of workers changing jobs has been on a long-run decrease since 2000, according to research by the economists Steven J. Davis at the University of Chicago’s Booth School of Business and John Haltiwanger at the University of Maryland.

43 top economists were polled on Trump's latest big policy — not a single one said it would help Americans
Mar 14, 2018 | Business Insider
Three economists, or the remaining 7%, did not respond to the survey conducted by the University of Chicago's Booth School of Business.

US business chiefs warn on dangers of protectionism
Mar 14, 2018 | Financial Times
A survey of 43 conservative and progressive economists by the University of Chicago Booth School reported this week that not one of them thought the proposed tariffs would boost Americans’ welfare.

Could the 2008 financial crisis happen again?
Mar 14, 2018 | Marketplace
“You will often see people allege things like ‘car loans are the new subprime housing’ or ‘student loans are the new subprime housing,’” said Austan Goolsbee, a professor of economics at Chicago’s Booth School who chaired the Council of Economic Advisers under former President Barack Obama.

Surveillance: Jobs Number is an Excellent Number, Goolsbee Says
Mar 9, 2018 | Bloomberg
Professors Randall Kroszner and Austan Goolsbee on interviews on Bloomberg Surveillance talking about global economic growth and US economics.

Commentary: There’s Still Time to Stop the Tech Monopoly Takeover
Mar 8, 2018 | Fortune
Commentary: There’s Still Time to Stop the Tech Monopoly Takeover

The mental cost of poverty: How being poor leads to poor decisions
Mar 8, 2018 | MSN
Professor Anuj Shah talks about how poverty can have a profound effect on how you think as well as your decision-making.

Mining data on cab rides to show how business information flows
Mar 8, 2018 | The Economist
David Finer, a graduate student at University of Chicago’s Booth School of Business, analysed trips connecting the headquarters of big banks and the Federal Reserve Bank of New York.

A tariff 'destroys more jobs than it creates,' says former Obama economic advisor
Mar 7, 2018 | CNBC
"The trade deficit is a large macro thing, determined by monetary policy in the United states, how much investors want to invest here," said Goolsbee, who is now the Robert P. Gwinn professor of economics at the University of Chicago's Booth School of Business.

Ex-Obama advisor Goolsbee wouldn't fill Cohn's shoes 'if it was the last job on Earth'
Mar 7, 2018 | CNBC
The leading economist, who is currently a University of Chicago professor, cited disagreements with the administration's policy focus, and concern over recent departures of White House staffers.

Luigi Zingales: «Get out of the Euro? It would be a trauma »
Mar 7, 2018 | Vanity Fair
The winners of the Italian political elections are those that would like less Europe, the eurosceptics. But what would it mean to get out of the eurozone? We asked the economist Luigi Zingales

Italy's Populists Redraw Political Map, Split Country in Half
Mar 6, 2018 | Bloomberg
“The South voted for the Five Star Movement and the North voted for the Lega, but both sides of the country expressed a vote of protest,” Luigi Zingales, professor at the University of Chicago’s Booth School, told Bloomberg Television.

Taxi Study Finds Increase in Trips Between Fed, Banks Around FOMC Meetings
Mar 5, 2018 | The Wall Street Journal
The study was conducted by University of Chicago Booth School of Business Ph.D. candidate David Finer, 33 years old, and made available by the school.

Luigi Zingales Says Italians Are Outraged Over Election
Mar 5, 2018 | Bloomberg
Luigi Zingales, professor at the University of Chicago's Booth School of Business, discusses the outcome of the Italian election.

Italy's Feuding Politicians Leave Economy Waiting for Leadership
Mar 5, 2018 | Bloomberg
“Italians need lower taxes to be able to grow more, they need more efficient firms, they need more efficient government,” said Luigi Zingales, professor of finance at the University of Chicago Booth School of Business.

United walks back plan to convert employee bonuses to lottery system
Mar 5, 2018 | Crain's Chicago
“I have no idea why they thought it would be sensible to randomly distribute prizes as an incentive. It's a bad idea,” says Michael Gibbs, a professor of economics at University of Chicago's Booth School of Business who teaches a course on organizations and incentives.

Surveillance: We Are in a Reactive Phase, Alden Says
Mar 5, 2018 | Bloomberg
Luigi Zingales, University of Chicago Booth School of Business Professor, says the results of the Italian election indicates a heavy anti-Europe sentiment.

Is It Good To Talk To Your Dog? Science Says Both You & Your Pup Enjoy Chatting
Mar 3, 2018 | Elite Daily
Nicholas Epley, a professor of behavioral science at the University of Chicago, told Quartz that talking to animals is actually a sign of intelligence.

Austan Goolsbee: President Trump’s steel tariff increase targeted at China has a big flaw, China isn’t in the top ten of steel exporters to the US
Mar 2, 2018 | WGN Radio
Economics professor at the University of Chicago Booth School and former economic adviser to President Obama, Austan Goolsbee joins Roe Conn and Anna Davlantes to break down how President Trump’s announcement that he is raising tariffs on imported steel/aluminum will impact world markets.

Former Fed governor helps fund markets compliance AI group
Mar 2, 2018 | Financial Times
Other investors include David Lehmann, a former head of electronic execution services at Knight Capital; James Gray, the former co-founder and chairman of optionsXpress Holdings and head of G-Bar, a proprietary trader; Steve Kaplan from the University of Chicago and Alsop Louie and Temerity Capital Partners, two venture capital groups.

Italy’s Berlusconi makes his return
Mar 2, 2018 | The Washington Post
Today, it is a common feeling,” wrote Luigi Zingales, a business professor at the University of Chicago. “In 2016, 124,000 Italians between the ages of 18 and 34 left the bel paese, roughly 2 percent of the population in that cohort.

Beer drinkers and car buyers among losers from Trump's tariffs on imported steel and aluminum
Mar 2, 2018 | Chicago Tribune
“The direct effect of a tariff on imported goods is generally to raise the production cost for businesses that use those goods … as well as to raise the price for final users that consume them as end products,” said Brent Neiman, professor of economics at the University of Chicago’s Booth School of Business.

The Hidden Taxes on Women
Mar 2, 2018 | The New York Times
Men react particularly negatively to their spouses’ relative success. Marianne Bertrand and Emir Kamenica, economists at the University of Chicago, and Jessica Pan, an economist at the National University of Singapore, examined the wages of spouses.

The new Fed chairman just dropped a huge hint that controversial emergency measures will again be needed in the next recession
Mar 1, 2018 | Business Insider
Second, he largely brushed aside a new paper by two Wall Street economists and two academics downplaying the effectiveness of QE , presented at the Chicago Booth annual monetary policy conference in New York last week.

Fed's Powell returns to Capitol Hill
Mar 1, 2018 | CNBC
Austan Goolsbee, Booth School professor, and Michael Strain, American Enterprise Institute, provide insight to Fed Chair Jerome Powell's testimony before the Senate Banking Committee.

Why your name affects how other people judge you
Feb 28, 2018 | The Sydney Morning Herald/Canberra Times
Marianne Bertrand and Sendhi Mullainathan at the University of Chicago sent out 5000 CVs in response to job advertisements in Boston and Chicago.

“WE ALL WEAR ALL BLACK EVERY DAY”: INSIDE WALL STREET’S COMPLEX, SHAMEFUL, AND OFTEN CONFIDENTIAL BATTLE WITH #METOO
Mar 2018 | Vanity Fair
Dennis Chookaszian, an adjunct professor at the University of Chicago’s Booth School of Business, recently polled his 130 students to see whether they have personally experienced harassment or observed it happening.

Warren Buffett Is Even Better Than You Think
Feb 27, 2018 | Bloomberg/MSN/The Washington Post
That formula has routinely beaten the market, according to University of Chicago professor Eugene Fama and Dartmouth professor Kenneth French.

Are We What We Choose?
Feb 26, 2018 | U.S. News
"The maintained opinion was that it must be that people eat less healthy because there is no healthy food available," says Jean-Pierre Dubé, professor of marketing at the University of Chicago Booth School of Business and author of the 2018 study.

Lincoln International's Middle Market Index Shows Continued Private Market Growth and Trends
Feb 26, 2018 | Marketplace
The methodology was determined by Lincoln in collaboration with Professors Steven Kaplan and Michael Minnis of the University of Chicago Booth School of Business.

Fed’s Mester Says Ready to Review Central Bank’s Operating Strategy This Year
Feb 23, 2018 | The Wall Street Journal
“The economic expansion is now firmly in place, labor markets are strong, and inflation is expected to return to 2% on a sustained basis over the next couple of years,” Ms. Mester said in a speech delivered at the University of Chicago’s Booth School of Business 2018 U.S. Monetary Policy Forum in New York.

Bitcoin’s wild trip fails to shake cryptocurrency believers
Feb 23, 2018 | Financial Times
“There is by definition very little transparency in this market,” cautions Luigi Zingales, finance professor at Chicago Booth School of Business, “and a very small volume can change and affect the prices.”

As Economy Grows, Federal Reserve Frets Next Downturn
Feb 23, 2018 | The New York Times
But the main paper presented at the conference on Friday, which is hosted by the University of Chicago’s Booth School of Business, asserted that bond-buying had little economic benefit.

Fed Expects Economic Gains to Prompt Gradual Rate Hikes
Feb 23, 2018 | Associated Press/U.S. News/CBS
"After coming through the financial crisis and Great Recession, the economy has returned to normal and monetary policy ... is normalizing," Mester said in remarks to a conference in New York sponsored by the University of Chicago Booth School of Business.

Fed's bond buying during financial crisis was not that effective, economists say
Feb 23, 2018 | CNBC
This was the conclusion of a paper presented Friday by Wall Street and academic economists at the U.S. Monetary Policy Forum. The gathering, dubbed the "Jackson Hole of the East" by one strategist, is an annual conference sponsored by the University of Chicago Booth School of Business and brings together Wall Street and academic economists, as well as Fed officials.

Small Is Beautiful: Using Gentle Nudges To Change Organizations
Feb 22, 2018 | Forbes
Subtle and seemingly insignificant aspects of the environment in which decisions are taken can have substantial impact on people’s behavior. This is the premise of the book Nudge, written by Cass Sunstein, one of the most cited American legal scholars, and Richard Thaler, last year’s winner of the Nobel prize in economics.

A budget nudge isn’t likely to be enough to close the gender gap
Feb 21, 2018 | The Globe and Mail
It sounds a little like the behavioural economics that Richard Thaler and Cass Sunstein suggested a decade ago in a book called Nudge, which suggested policy makers could frame choices for the public to encourage better outcomes, often for less money.

TRUMP IS ONE BAD DAY AWAY FROM TWEETING “I’VE HAD THREE TIMES AS MANY WIVES AS OBAMA!”
Feb 21, 2018 | Vanity Fair
“Under the previous administration, we went from the worst downturn of our lifetimes to the second longest expansion on record,” Austan Goolsbee, C.E.A. chairman from 2010 to 2011 and an economics professor at the University of Chicago’s Booth School of Business, told me.

The Trouble With Google and Facebook
Feb 21, 2018 | U.S. News
LUIGI ZINGALES PROVIDES a window onto news illiteracy, or at least social media's penchant for the provocative over the reasoned.

Surveillance: The Key is Productivity, Rajan Says
Feb 21, 2018 | Bloomberg
Raghuram Rajan, University of Chicago Booth Business School Professor & Former Reserve Bank of India Governor, says it would be ideal for the new Fed Vice Chair to be someone who straddles both academic and policy worlds.

Benjamin Netanyahu corruption charges: Israeli PM faces toughest political challenge, but is unlikely to go quietly
Feb 20, 2018 | Yahoo!
An article in the Chicago Booth School's magazine Pro Market called the recordings "most amazing tapes in the history of corruption in Israel". It also noted that Israelis, for the first time, got to know of the shady deals struck between tycoons, government and regulators.

Here's what Donald Trump and the NRA get about humans that you don't
Feb 20, 2018 | Business Insider
We are changing the way we think about this stuff, though. The man who won the Nobel Memorial Prize in Economic Sciences last year, Richard Thaler of the University of Chicago, did so by explaining a bunch of ways humans persuade themselves to hurt themselves and how to work around that.

How Illinois Universities Power The Chicago Startup Ecosystem
Feb 20, 2018 | Forbes
The University of Chicago’s efforts to grow the startup community are widespread across disciplines, degrees, and communities.

The battle for time
Feb 19, 2018 | Sydney Morning Herald
Richard Thaler, a pioneering behavioural economist and latest winner of the Nobel prize for economics, emphasised how fallible humans can be when making economic decisions, in his acceptance speech just before Christmas.

A stunning chart shows the true cause of the gender wage gap
Feb 19, 2018 | Vox
A 2009 study led by University of Chicago’s Marianne Bertrand echoes that conclusion. It examined the earnings of thousands of business school graduates.

Is It Time To Sell?
Feb 18, 2018 | Seeking Alpha
A recent paper by the University of Chicago Booth School of Business professor George M. Constantinides and McGill University's Anisha Ghosh, "What Information Drives Asset Prices?" offers some insights.

List Of The Super Elite M7 Business Schools
Feb 16, 2018 | Poets & Quants
Of all the M7 players, Booth has the highest acceptance rate at 23.5%. But don’t let that fool you. There are 8.1 candidates for every available seat, more than Wharton.

Rising yields a sign of economic healing, not distress, expert says
Feb 15, 2018 | CNBC
Jeff Knight, Columbia Threadneedle global head of investment solutions, and Austan Goolsbee, University of Chicago Booth School of Business professor, discuss the current rising rate environment and what it means for investors.

I asked 7 Republican senators what they really think about legal immigration cuts
Feb 14, 2018 | Vox
When the University of Chicago’s Booth School surveyed a panel of well-known academic economists, for example, 52 percent agreed that admitting more low-skilled immigrants to the United States would make the average US citizen better off. Just 9 percent disagreed.

Kroszner Sees Powerful Duo in a Powell, Mester Fed
Feb 13, 2018 | Bloomberg
University of Chicago Booth School of Business Professor of Economics Randy Kroszner discusses the make-up of the Federal Reserve, and talks about the markets, economy and Fed policy.

Ask a behavioural economist: Why do I feel anxious during RRSP season?
Feb 12, 2018 | The Globe and Mail
A number of studies headed up by the behavioural scientist Anuj K. Shah and his colleagues at the Booth School of Business at the University of Chicago have shown that scarcity or even just the perception of scarcity is enough to trigger a mindset that can interrupt our critical thinking and cause us to focus on immediate needs.

Trumpism for Thee, but Not for Me
Feb 11, 2018 | The New York Times
In other countries, the most effective way to stop recent demagogues has been to treat them as normal politicians who are failing to deliver on their promises, as Luigi Zingales of the University of Chicago has noted.

A sloth’s guide to surviving a week of market volatility
Feb 9, 2018 | Financial Times
One laboratory study — by Mr Kahneman, Tversky, Alan Schwartz and last year’s Nobel laureate economist Richard Thaler — invited participants to make investment allocation decisions over 200 “turns”, each meant to simulate a few weeks of real investment. Some were allowed to reallocate every turn after observing what had just happened.

Don't Be a Victim of Irrational Exuberance
February 8, 2018 | Entreprenuer
Behavioral economist Richard Thaler has made a career of studying irrational and temptation-driven economic behaviors. Thaler, who won the Nobel Prize in economics in October of 2017, said in a recent interview, “we seem to be living in the riskiest moment of our lives, and yet the stock market seems to be napping.”

Why Estonia Succeeds At Public Innovation
February 8, 2018 | U.S. News
“In the U.S., the basic idea is that the government is willing to pay for good ‘pure research’ projects,” says James E. Schrager, professor of entrepreneurship and strategy at the University of Chicago Booth School of Business.

How to Bear a Bull Market: The Psychology of Volatile Securities Trading
February 7, 2018 | Scientific American
The work of visionaries such as Nobel laureates Richard Thaler and Daniel Kahneman has demonstrated humans do not operate as rational agents, as assumed by classical economics.

New Research Turns Conventional Wisdom On Food Deserts On Its Head
February 6, 2018 | WBEZ
But a new study by economists at New York University, Stanford, and University of Chicago’s Booth School suggests that even if there were access to healthier food options, like a nearby supermarket, that doesn’t necessarily mean residents would buy the healthier options.

Trump Falls Silent On Stock Market Slump
February 6, 2018 | NPR
"We saw a decent jobs number this last [week]. And we have seen in the last couple of years wages starting to inch themselves upwards," said Goolsbee, a University of Chicago economist who served as adviser to former President Barack Obama.

Are Americans Falling Out of Love With Chocolate?
February 5, 2018 | The Wall Street Journal
Craft chocolatiers, often claiming direct links with cacao-bean producers, are also proliferating. Elizabeth Pontikes, associate professor at the Chicago Booth School of Business, sees parallels with craft beer and coffee.

Dear Jay: High-Powered Advice for the Incoming Fed Chairman
February 5, 2018 | Bloomberg
Austan Goolsbee: “The Fed needs to be careful not to get too far in front of its skis in following an approach that’s different than every other central bank in the world.

Worried About Your Retirement Investments? Don't Panic Sell
February 5, 2018 | The Street
"Nothing happened on Friday that should induce a panic," said Richard Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, a professor of behavioral science and economics at the University of Chicago Booth School of Business, and author of numerous books, including Nudge: Improving Decisions About Health, Wealth, and Happiness.

AT&T merger judge says 'no big issues' in trial preparations
February 2, 2018 | Reuters/MSN
Both sides said they intended to call former Justice Department economists to support their case. AT&T will call Dennis Carlton, from the University of Chicago Booth School of Business, while the Justice Department will call Carl Shapiro of the University of California at Berkeley.

Surveillance: Where’s the Infrastructure Money, Goolsbee Asks
January 31, 2018 | Bloomberg
Austan Goolsbee, University of Chicago Booth School Professor, says the hypocrisy among lawmakers in Washington doesn’t make any difference anymore.

Will my genes doom my young daughter to a weight problem?
January 31, 2018 | The Boston Globe
In their 2008 book Nudge, Richard Thaler, a University of Chicago economist who won the 2017 Nobel Prize, and Cass Sunstein, a Harvard Law School professor, describe the unconscious social forces that drive our eating habits.

The real State of the Union: America has a huge political vacuum
January 31, 2018 | Salon
This dynamic is not new. Luigi Zingales, a professor of entrepreneurship and finance at the Booth School of Business at the University of Chicago, said a similar turbulence marked Silvio Berlusconi’s tenure as Italy’s prime minister.

How Trump’s Critics Should Respond
January 30, 2018 | The New York Times
Luigi Zingales of the University of Chicago has written what I think remains the smartest essay on this point. In an Op-Ed published shortly after the election, he explained that Trump fit a global pattern.

Donald Trump’s immigration crackdown is a recipe for national decline
January 30, 2018 | Vox
Indeed, there is a fairly firm consensus that immigration raises incomes on average for native-born workers. When the University of Chicago’s Booth School surveyed a panel of well-known academic economists, for example, 52 percent agreed that admitting more low-skilled immigrants to the United States would make the average US citizen better off.

How Your Business Changed After 1 Year of President Donald Trump
January 30, 2018 | Inc.
Trump's move to ease regulatory burdens on businesses has been palpable, says Steve Kaplan, a professor of entrepreneurship and finance at the University of Chicago Booth School of Business.

'Uphill battle' predicted for Outcome Health after settlement with investors
January 29, 2018 | Chicago Tribune
Rebuilding won’t come easy for Outcome Health, said Waverly Deutsch, a clinical professor of entrepreneurship at the University of Chicago’s Booth School of Business.

What to expect from Trump's first State of the Union address
January 29, 2018 | CNBC
Former Council of Economic Advisors Chairmen Glenn Hubbard, Columbia Business School, and Austan Goolsbee, Chicago Booth School of Business, discuss their expectations from President Trump's first State of the Union address.

How to save more money in 2018
January 26, 2018 | NBC
If you can assign your money particular “jobs” as it applies to meeting your goals, you’ll be more successful. That’s the idea at the heart of a behavioral finance concept called “mental accounting,” for which University of Chicago Economist Richard Thaler won the Nobel Prize in 2017.

Davos frets over future despite economic upgrades
January 25, 2018 | Financial Times
Raghuram Rajan, professor of finance at the University of Chicago and a former Indian central bank chief, said economists and technocrats had to accept that they were no longer in control of economic narratives, and that the post world war two story of international co-operation and prosperity was under threat.

5 simple steps to save more money — starting now
January 24, 2018 | NBC
This “bucket method” can make spending and saving simple. According to research by economist Richard Thaler from the University of Chicago, if you assign your money a particular job, you’ll be more successful in reaching your financial goals.

Why is the US stock market so high – and is it justified?
January 23, 2018 | The Guardian
Economic theory, as exemplified by the work of Andrei Shleifer at Harvard and Robert Vishny of the University of Chicago, offers ample reason to expect that long-term investment opportunities will never be eliminated from markets, even when there are a lot of very smart people trading.

Rupert Murdoch’s plan to make Facebook pay for news
January 23, 2018 | NBC
Guy Rolnik, a media entrepreneur who teaches in the business school at the University of Chicago, warned that securing payments from Facebook — even if possible — could come with a downside for the media industry.

West must share benefits of growth with emerging world: Rajan
January 23, 2018 | PTI/Economic Times
Former RBI Governor Raghuram Rajan on Tuesday said the Western world must realise they cannot go a long way without the help of the emerging economies and warned that no one would be able to resolve any problem of a 'fractured world' if things are not set right soon.

PM Narendra Modi in Davos, India gets IMF boost: At 7.4%, can be fastest growing this year
January 23, 2018 | The Indian Express/MSN
Providing a global perspective on new economic narratives will be former RBI governor Raghuram Rajan, who is now teaching at Chicago University’s Booth School of Business, and Robert Shiller, with sessions on cyber security, climate changes and big data among the subjects on the agenda.

Will Money Ever Bring You Happiness?
January 23, 2018 | U.S. News
"There is a positive correlation between, at a given time, wealth and subjective well-being even though the correlation is not strong," says Christopher Hsee, professor of behavioral science and marketing at the University of Chicago Booth School of Business. "Also, this correlation is particularly high for people in poor countries."

Economy on a good road, but watch out for these warning flares
January 23, 2018 | Chicago Tribune
“When people aren’t worried,” said Randall Kroszner, economics professor at the University of Chicago Booth School of Business, during the school’s annual economic outlook event last week. “When the shock comes, they’re not prepared.”

Sinking markets, emergency meetings: A Fed governor recalls 2008
January 22, 2018 | Marketplace
Randall Kroszner, now a professor of economics at the University of Chicago's Booth School of Business, served as a governor of the Federal Reserve from 2006 to 2009. He, along with a small team at the Fed, tracked the eye of the storm.

Trump’s Biggest Con May Be The One He Has Played On American Workers
January 20, 2018 | Huffington Post
In a survey of 42 top economists by the University of Chicago’s Booth School of Business, just one ― one! ― thought Republican tax cuts would significantly improve growth.

Why American men are getting less marriageable
January 20, 2018 | Business Insider/MSN
Marianne Bertrand, an economist at the University of Chicago's Booth School of Business, has found a "cliff" in relative income in American marriages at the 50-50 split mark.

Can a little nudge help in saving for retirement?
January 19, 2018 | The Globe and Mail
The idea of behavioural economics has been getting a lot of attention in recent months. In October, the 2017 Nobel Prize in Economics was awarded to Richard Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business, for his contributions to the field.

A Warning for Democrats
January 19, 2018 | The New York Times
Luigi Zingales of the University of Chicago explained this phenomenon in a Times op-ed shortly after Trump’s election. In the piece, Zingales compared Trump to Silvio Berlusconi, the former Italian prime minister.

Men Aren't Exactly Stampeding Back to Work
January 16, 2018 | Bloomberg
These explanations range from the purely cultural, such as American Enterprise Institute political scientist Charles Murray's "weakening of the work ethic among males," to the at least partly technological, such as University of Chicago economist Erik Hurst's hypothesis that the internet and better video games have "increased the value of leisure time" relative to work.

Steven Kaplan of University of Chicago’s Booth School of Business
January 16, 2018 | Middle Market Growth
This episode of the Middle Market Growth Conversations podcast features Steven Kaplan, the Neubauer family distinguished service professor of entrepreneurship and finance at the University of Chicago Booth School of Business.

Don't be fooled. Wall Street, not Main Street, is the big tax winner
January 14, 2018 | CNN
Owen Zidar, a University of Chicago professor who studies the effects of tax policy on firms and workers, agrees. "While workers will get some benefit, there are more substantial benefits to shareholders," he said.

Bitcoin Is an Asset Like Gold, Not a Currency: Former Fed Gov. Kroszner
January 13, 2018 | The Street
If you answered never, you're probably not alone. For that reason, said former Federal Reserve Gov. Randy Kroszner, bitcoin shouldn't be considered a crypto currency, but rather a crypto asset.

Transcript: Nightly Business Report – January 12, 2018
January 12, 2018 | CNBC
RANDALL KROSZNER, UNIVERSITY OF CHICAGO BOOTH: We are seeing synchronized global growth period which is really quite rare. I think that`s one of the key offsets of why both the market in the U.S. and markets globally are doing so well.

Don’t bet on higher US Treasury yields just yet
January 12, 2018 | Financial Times
According to Erik Hurst of Chicago Booth Business School, 18 per cent of men between 21 and 30 who did not have a college degree last year did no work at all.

It worries me that no one seems to be worried about markets: Former Fed Governor
January 12, 2018 | CNBC
Former Fed Governor Randy Kroszner weighs in on the record rally in equities, the state of the U.S. economy and his views on tax reform.

India's former central bank chief warns of unexpected changes
January 11, 2018 | Nikkei Asian Review
Raghuram Rajan, the former governor of the Reserve Bank of India, sees a 2018 global economy in fairly good shape but a financial industry that is "far from being in the clear." In an interview with The Nikkei, Rajan, who is now a professor at the University of Chicago, also warned that the world needs to stay vigilant against new and unforeseeable risks.

The 2018 Data Is In & The M7 Schools Remain Magnificent
January 10, 2018 | Poets & Quants
New year, old truth: The M7 schools continue to have an aura of exceptionalism that most other schools envy. Harvard Business School, Stanford Graduate School of Business, the Wharton School at the University of Pennsylvania, the University of Chicago’s Booth School of Business, Columbia Business School, MIT’s Sloan School of Management, and Northwestern University’s Kellogg School of Management may trade places in the full-time MBA program rankings, moving up or down a few places year to year, but they continue to be regarded as, generally, the best programs in the world.

Listening to what we don’t want to hear is often vital
January 10, 2018 | The Times
Let’s not forget the current craze for behavioural economics, which resulted in Richard Thaler, the economist, winning a Nobel prize. Behavioural economics proves that how we design public and private systems, right down to application forms, has a huge effect on people’s choices. It’s called “choice architecture”.

Five Must-Read Studies From the Big Economics Confab: Eco Pulse
January 9, 2018 | Bloomberg
Using data collected through Adobe Analytics, which tracks online prices and quantities, University of Chicago economist Austan Goolsbee and Stanford’s Pete Klenow find that online inflation averaged about 100 basis points lower than inflation in the CPI for the same categories between 2014 and 2017.

FACT CHECK: Trump Touts Low Unemployment Rates For African-Americans, Hispanics
January 9, 2018 | NPR
Then again, a majority of economists polled by the University of Chicago predict that long term, the tax plan won't lead to higher economic growth.

The Startling Percentage Of Financial Advisors With Misconduct Records
January 9, 2018 | Forbes
The findings are contained in the forthcoming paper The Market for Financial Adviser Misconduct, scheduled to be published in the Journal of Political Economy. It was written with co-authors Gregor Matvos of Booth Business School at the University of Chicago, and Amit Seru of Stanford Graduate School of Business. Their initial working paper on the results made business headlines in 2016.

Here’s How to Tell if You’re a Populist
January 9, 2018 | Bloomberg
The panel featured some heavyweights, including Dani Rodrik of Harvard University and Raghuram Rajan of the University of Chicago. But the most interesting presentation was by someone who isn’t even an economist: Cristobal Rovira Kaltwasser, a political scientist at Diego Portales University in Chile.

What happens when the tax-plan promises aren’t kept?
January 8, 2018 | The Washington Post
Historically, “tax cuts aimed at the top of the income distribution have had very little stimulus effect,” said University of Chicago economist Austan Goolsbee, who had Mr. Hassett’s job during the Obama administration.

5 Tips for Surviving Uncomfortable Conversations
January 8, 2018 | Time
“Typically people think it’s going to be really uncomfortable,” says Emma Levine, an assistant professor of behavioral science at the University of Chicago Booth School of Business.

Trump's meddling is bad for the economy
January 7, 2018 | Chicago Tribune
His impetuous, erratic pronouncements sow endless confusion. The monthly Economic Policy Uncertainty Index — maintained by economists Scott Baker (Northwestern), Nick Bloom (Stanford) and Steven Davis (University of Chicago) — has run consistently higher since Trump was elected than in the previous two years.

The psychology behind why we're so bad at keeping New Year's resolutions
January 7, 2018 | Business Insider
The study, led by Kaitlin Woolley from Cornell University and Ayelet Fishbach from the University of Chicago, found that participants believe that both enjoyment and importance are significant factors in whether they stick to their resolutions.

Uncommon Knowledge: Bros, basketball, and business economics
January 6, 2018 | Boston Globe
A study by a team of judgment researchers from Cornell University and the University of Chicago (including Richard Thaler, the latest winner of the Nobel Prize in economics) found that NBA and NFL teams typically went for the tie at the end of regulation, even though the probability of winning was lower, given the remaining uncertainty of overtime. In an experiment, even when people were explicitly informed of the lower probability, half still chose to go for the tie.

How to make economists fight like ferrets in a sack
January 6, 2018 | The Spectator
One of the funniest passages of writing I have read in the past few years appears within the pages of Richard Thaler’s memoir Misbehaving. He describes what happens when the University of Chicago economics faculty moves to a new location.

Richard H. Thaler | The Interview Show
January 5, 2018 | PBS
Host Mark Bazer interviews Richard H. Thaler, 2017 Nobel Prize winning economist and co-author, "Nudge."

Americans' declining economic mobility hits a new low
January 5, 2018 | The Los Angeles Times
In recent decades, the rate at which firms create new jobs has fallen; so has the rate at which they eliminate positions, said Steven J. Davis, a professor at the University of Chicago Booth School of Business and senior fellow at the Hoover Institution. Both trends discourage workers from moving.

This is how women are really faring in Chicago tech
January 5, 2018 | Crain's
At the University of Chicago's Booth School of Business, four of 10 New Venture Challenge finalists last year had female founders.

Does regulation kill off business profits, as Trump claims? Not at all
January 5, 2018 | Salon
But a new working paper from the National Bureau of Economic Research, written by University of Chicago researchers João Granja and Christian Leuz, supports the opposite contention: Stricter regulation can, in many cases, improve lending activity and benefit the economy.

Top 20 Business Schools Where MBAs Earn The Highest Salaries After Graduation For 2018
January 4, 2018 | Ceoworld Magazine
5. University of Chicago Booth School of Business, United States, $125,000

Can Your Vacation Make You Happier?
January 4, 2018 | next avenue
“We are our experiences,” said University of Chicago happiness researcher Amit Kumar. “Experiences become our memories, so investing in ones that will impact your identity in meaningful ways is likely to be fruitful in terms of advancing happiness.”

An MBA is still a great boost for salaries
January 3, 2018 | Financial Times
Alumni from Chicago’s Booth School of Business hold the record for the highest salary jump since our records began: up 252 per cent in the 2002 ranking during the heyday of the dotcom boom.

Job outlook growing worse for young American men | Opinion
January 2, 2018 | Courier Journal
Erik Hurst, an economist at the University of Chicago, found that young men spent a startling 75 percent of this leisure time playing video games, with many spending more than 30 hours a week gaming and over 5 million Americans spending more than 45 hours per week.

Inside the Eccentric, Relentless Deal-Making of Masayoshi Son
January 2, 2018 | Bloomberg
“There really isn’t a precedent for this,” says Steven Kaplan, a professor at University of Chicago’s Booth School of Business who co-founded its entrepreneurship program. “The jury is still out on whether it will work.”