In the News 2019

8 ways to be kinder to yourself in 2020
December 24, 2019 | The New York Times
Finding ways to be kinder to yourself isn't easy, but having more alone time and more time to decompress are good starts. Ed O’Brien, a professor of behavioral science at the University of Chicago Booth School of Business, believes repeating fulfilling experiences is an underrated way to go.

Tariffs have hit the consumer as well as businesses, policy expert says
December 20, 2019 | CNBC
Austan Goolsbee, professor at the University of Chicago Booth Business School and former chairman of the Council of Economic Advisers, joins “Squawk Box” to discuss what the latest GDP data suggests about the economy.

Should you be lying to your kids about Santa?
December 20, 2019 | TIME
Santa Claus is coming to town, but should you tell your kids if he even exists? Emma Levine, assistant professor of behavioral science at the University of Chicago Booth School of Business, tells us that it's not always wrong to tell children to tell a white (Christmas) lie.

New study shows gift giving will result in longer happiness than receiving
December 19, 2019 | Yahoo! News
Ed O'Brien of the University of Chicago Booth School of Business School of Business gives his take on the "joy of giving" amid the gift-giving season.

The science behind giving good gifts
December 09, 2019 | BBC News
Nicholas Epley, a professor at the University of Chicago Booth School of Business, gives his take on the meaning behind the gifts we give.

Why online sales aren't actually booming
December 08, 2019 | Voice of America
James E. Schrager, professor of entrepreneurship and strategy at the University of Chicago Booth School of Business, helps debunk myths that online retailers are dominating more than they are.

Biased algorithms are easier to fix than biased people
December 06, 2019 | The New York Times
Sendhil Mullainathan and Marianne Bertrand, professors at the University of Chicago, examine the purported racial bias behind the job application process.

Global economic distortions: Fixing a flawed system
December 05, 2019 | Bloomberg TV
University of Chicago Booth School finance professor Luigi Zingales discusses distortions in the global economy on "Bloomberg Surveillance."

Where can fixes be made to the CMS hospital star ratings system?
December 05, 2019 | Patient Engagement Hit
Dan Adelman, Charles I. Clough, Jr. Professor of Operations Management at Chicago Booth, weighs in on the inconsistencies in the CMS hospital star ratings system.

Niche products in our grocery stores
November 26, 2019 | NPR
Professors Brent Neiman and Joseph Vavra discuss how innovations in technology and manufacturing allowed the proliferation of niche products in our shopping carts on NPR's "The Indicator."

Nonprofit-bound? This elite B-school may pay your tuition
November 25, 2019 | Poets & Quants
The University of Chicago Booth School of Business is expanding a scholarship program that pays all or some of the tuition for nonprofit- or government-bound MBAs.

Study suggests that political views of analysts affect market calls
November 22, 2019 | CNBC
Elisabeth Kempf, assistant professor of finance at the University of Chicago Booth School of Business, joins “Squawk Box” to discuss how politics can affect market calls.

Trump—not the Fed—is the biggest threat to the US economy, ex-India central bank chief says
November 13, 2019 | CNBC
Former Indian central bank chief Raghuram Rajan and professor of finance at the University of Chicago Booth School of Business says the biggest threat to the US economy stems not from the US Federal Reserve or any one sector of the economy, but rather from the White House.

Booth receives $10 million to aid military vets
November 11, 2019 | Crain's Chicago Business
A family foundation tied to the late Charles "Mike" Harper, former CEO of Chicago agribusiness ConAgra Brands, has donated $10 million to the University of Chicago Booth School of Business for military veteran scholarships, the foundation and school said in a joint statement.

Here's exactly what it takes to get into the University of Chicago Booth School of Business
November 08, 2019 | Business Insider
Business Insider spoke with five current students and former graduates as well as deputy dean for MBA programs Stacey Kole to get some insight into how to get into the program.

Opinion: Quit being fooled by fast-growing companies claiming to be tech firms when they just use technology
November 09, 2019 | Market Watch
James E. Schrager, clinical professor of entrepreneurship and strategy at the University of Chicago Booth School of Business, warns that using tech and being a technology company are two separate things.

Booth Business School trumps Kellogg School in new ranking of nation's MBA programs
November 04, 2019 | Chicago Business Journal
The University of Chicago Booth School of Business got some good news in Bloomberg Businessweek’s rankings released on Monday of the nation’s 20 top MBA programs. Booth moved up to fourth place overall from fifth last year, while Kellogg slid to 10th place from its No. 8 ranking a year ago.

Pensions are paying billions in ‘unnecessary’ private real estate fees
November 01, 2019 | Institutional Investor
Underfunded public pensions have shifted to riskier assets in hopes of high returns, but their reach for yield in non-core real estate funds is not paying off, according to real estate professor Joseph Pagliari of the University of Chicago Booth School of Business and Mitchell Bollinger, an industry advisor, investor, and analyst.

How to get a better deal from a real estate agent
October 24, 2019 | The New York Times
The study is “Can Free Entry Be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry,” by the economists Chang-Tai Hsieh, a professor at the University of Chicago, and Enrico Moretti, a professor at the University of California, Berkeley.

When computers make biased health decisions, black patients pay the price, study says
October 24, 2019 | Los Angeles Times
Some people have reacted to discoveries of algorithmic bias by suggesting the algorithms be scrapped altogether — but the algorithms aren’t the problem, said Sendhil Mullainathan, a computational behavioral scientist at the University of Chicago and the study’s senior author.

Elite MBA programs report steep drop in applications
October 15, 2019 | The Wall Street Journal
Smaller applicant pools also mean schools dangle higher scholarship amounts at students, said Stacey R. Kole, deputy dean for M.B.A. programs at the University of Chicago, one of the few top-rated schools where applications rose.

The real problem central bankers face: The rest of us
October 08, 2019 | The Wall Street Journal
Michael Weber of Chicago’s Booth School of Business, one of the authors of the Finnish study, found some bright spots that encourage him to call for more public education instead.

Steve Liesman: Revisions to jobs numbers are strong
October 04, 2019 | CNBC
Video- Austan Goolsbee, University of Chicago Booth School of Business professor, Kate Moore, chief equity strategist at Blackrock, CNBC's Steve Liesman and Rick Santelli react to the September jobs number on CNBC's "Squawk Box".

10 MBA programs where grads earn the most in consulting
October 03, 2019 | US News & World Report
University of Chicago (Booth) - U.S. News business school rank: 3 (tie).

Madhav Rajan of Chicago Booth launches ‘Boundless Scholarship Initiative’
October 03, 2019 | News India Times
The Indian-American dean of the prestigious Chicago Booth School of Business announced the launch of the Boundless Scholarship Initiative aimed at attracting the “best and brightest students” to the institution.

There is an upside to falling numbers of MBA applicants
October 02, 2019 | Financial Times
Chicago Booth School of Business was the exception with applications up 3.4 per cent this year.

What’s behind the great CEO exodus of 2019?
October 02, 2019 | Fortune
"Corporate boards are beginning to recognize that bad behavior is not free. In fact, it can come at a very high cost, particularly when it emanates from the C-Suite," says John Paul Rollert, a professor at the University of Chicago's Booth School of Business.

Elizabeth Warren wants to tax corporate lobbying
October 02, 2019 | Huffpost
This is what Luigi Zingales, a professor at the University of Chicago Booth School of Business, thought when he proposed a tax on lobbying in his 2012 book, ”A Capitalism for the People.”

Boeing CEO’s Fate Intertwines With 737 Max’s as Key Tests Loom
October 02, 2019 | Bloomberg
The overhaul is “a very clear note that the board is paying very, very close attention and monitoring things,” said Jim Schrager, professor of entrepreneurship and strategy at the University of Chicago’s Booth School of Business.

Why this expert says IPO window closing
October 01, 2019 | CNBC
Nicholas Colas, Data Treck co-founder, and Steven Kaplan, professor of entrepreneurship and finance at the University of Chicago's Booth School of Business, join "Squawk on the Street" to discuss the IPO market after a series of IPOs in 2019 have underperformed.

Raghuram Rajan: Suppressing criticism can lead to policy mistakes
September 30, 2019 | CNBC
People in authority have to tolerate criticism for a failure to do so will lead to policymaking mistakes, Raghuram Rajan, the former governor of the Reserve Bank of India (RBI), has said.

Governments should learn to tolerate criticism, suppressing it can lead to mistakes: Raghuram Rajan
September 30, 2019 | Economic Times
Suppressing dissent can lead to bad policies being passed, former Reserve Bank of India governor Raghuram Rajan said in a LinkedIn Post on Monday.

Eating for peace
September 30, 2019 | Pocket
Kaitlin Woolley, an assistant professor of marketing at Cornell University, and Ayelet Fishbach, a professor of behavioral science and marketing at the University of Chicago, showed just how special food can be at brokering a social bond.

Would WeWork’s implosion pose a systemic risk?
September 28, 2019 | The Economist
Most property-owners “have already priced in the fragility”, says Joseph Pagliari of the University of Chicago’s Booth School of Business.

Wall Street pokes at start-up bubble
September 26, 2019 | The New York Times
“When the I.P.O. market is hurting, it has a domino effect on valuations and venture capital deals,” said Steven N. Kaplan, a professor of finance and entrepreneurship at the University of Chicago.

SoftBank makes WeWork an example as son gets tough with founders
September 26, 2019 | Bloomberg
“Founders who really scale businesses like WeWork have to be ambitious and a little bit crazy,” said Steve Kaplan, professor at the University of Chicago’s Booth School of Business.

How we can avoid escalating arguments
September 26, 2019 | Futurity
“People are often motivated by retribution, even if they themselves don’t realize that,” says senior author Boaz Keysar, a professor of psychology at the University of Chicago.

Bernie Sanders calls for eliminating Americans’ medical debt
September 21, 2019 | The New York Times
The plan “is well targeted,” said Neale Mahoney, a professor of economics at the University of Chicago, who studies medical debt.

Kroszner: Markets have fragilities that nobody expected
September 20, 2019 | Bloomberg
Randall Kroszner, Chicago Booth School of Business deputy dean and former Federal Reserve governor, discusses the Fed's repurchase agreement (repo) operations and U.S. monetary policy on "Bloomberg Surveillance."

The week in tech: An emerging twist on antitrust
September 20, 2019 | The New York Times
“Our antitrust laws cannot do anything against these types of monopolies,” said Luigi Zingales, a finance professor at the University of Chicago, during a convocation address in June.

America’s best business schools 2019: Chicago Booth ranks on top
September 19, 2019 | Forbes
The roots of the University of Chicago Booth School of Business trace back to the late 1800s, making it the second-oldest business school in the U.S. after Wharton.

Surveillance: Fed Day with Citi’s Mann (Podcast)
September 18, 2019 | Bloomberg
And Austan Goolsbee, University of Chicago Booth School of Business Professor of Economics & Former Council of Economic Advisers Chair, thinks people are putting too much weight in the idea that the "Fed can save us."

The Best Business Schools 2019
September 18, 2019 | Forbes
#1 Chicago Booth

Facebook to name first oversight panel members by year-end
September 17, 2019 | Associated Press/US News/ABC
Luigi Zingales, a University of Chicago professor of finance, called the board’s creation “a clever move” that’s more about appearance than substance.

Congress is getting ready to grill top DOJ and FTC officials about being too lenient on Big Tech
September 17, 2019 | CNBC
The University of Chicago this month released a report by a committee of tech experts and academics that outlined the contours of a new digital authority with the power to promulgate and impose industry standards and monitor misbehavior.

Opinion: How low interest rates can discourage competition, leading to slower growth
September 17, 2019 | MarketWatch
Op-ed by Amir Sufi et al.: Low interest rates have traditionally been viewed as positive for economic growth.

Chicago school professor fights ‘Chicago School’ beliefs that abet Big Tech
September 15, 2019 | The New York Times
At a convocation ceremony in June, Luigi Zingales, a finance professor at the university’s Booth School of Business, warned about the corrosive influence of monopolies and declared that the Chicago School had a blind spot when it came to Big Tech.

Opinion: Reports of value investing’s death are greatly exaggerated
September 13, 2019 | MarketWatch/MSN
One recommendation for such improvement comes from Ray Ball, an accounting professor at the University of Chicago: Focus on just one of the two components of book value (retained earnings) and ignore the second (contributed capital — total share issuance over the years, less shares repurchased).

Nursing homes are a breeding ground for a fatal fungus
September 11, 2019 | The New York Times
Advances in medical technology have made it possible to prolong the lives of desperately ill patients, while changes in Medicare reimbursement rates created a financial incentive for the expansion of such facilities, said Neale Mahoney, an economist at the University of Chicago who studies the industry’s growth.

To give advice Is better than to receive advice
September 11, 2019 | Medium
Ayelet Fishbach, a professor of behavioral science and marketing at the University of Chicago Booth School of Business, says there’s a powerful effect to mentally positioning yourself as an “expert” in an area you have experience with.

Tariffs hurt China much more than the US, former Fed Gov. Kroszner says
September 09, 2019 | Bloomberg
Randall Kroszner, Chicago Booth School of Business deputy dean and former Federal Reserve governor, discusses the China-U.S. trade war. He speaks with Bloomberg's Paul Allen and Kathleen Hays on "Bloomberg Daybreak: Asia."

State AGs launch Google antitrust investigation
September 09, 2019 | FOX
A report last month sponsored by the Stigler Center for the Study of the Economy and the State at the University of Chicago, researchers argued that the more people who use an online service, the more users, developers, and advertisers it attracts.

It makes sense for the Fed to be cutting rates, Randall Kroszner says
September 09, 2019 | Bloomberg
Randall Kroszner, Chicago Booth School of Business deputy dean and former Federal Reserve governor, discusses Federal Reserve monetary policy with Bloomberg's Kathleen Hays and Paul Allen on "Bloomberg Daybreak: Asia."

There’s never been trade-policy uncertainty like this, and it’s rattling markets, study finds
September 09, 2019 | MarketWatch
The study, by the University of Chicago’s Steven Davis, was circulated by the National Bureau of Economic Research and dovetails with a recent Federal Reserve publication.

U.S. adds 130K jobs
September 06, 2019 | MSNBC
Stephanie Ruhle is joined by former Council of Economic Advisers Chairman Austan Goolsbee, CNBC’s Ron Insana, Republican Political Consultant Shermichael Singleton, and Democratic Strategist Emily Tisch Sussman to discuss what that means for the economy going forward.

Opinion: The True Toll of the Trade War
September 06, 2019 | Caixin
Op-ed by Professor Raghuram Rajan: For much of the last century, the United States managed and protected the rules-based trading system it created at the end of World War II.

Job growth slows in August
September 06, 2019 | Yahoo!
Yahoo Finance's Julie Hyman, Adam Shapiro and Pras Subramanian talk to State Street Global Advisers' Lori Heinel and Austan Goolsbee, Former Chairman of the Council of Economic Advisers under President Barack Obama and current Professor of Economics, Chicago Booth School of Business.

Stocks dip after Fed: Should Bernanke have done more?
September 05, 2019 | CNBC
According to Randy Kroszner, Former Fed Governor and now Professor Of Economics at University of Chicago`s Booth School of Business, the Fed could have provided a "little bit more guidance" to boost market confidence.

Trade Uncertainty Likely to Cut U.S. Growth by More Than 1%, Fed Research Says
September 05, 2019 | The Wall Street Journal
“The prominent role of trade policy in recent U.S. stock market swings is historically unprecedented,” said Steven Davis, an economist at the University of Chicago’s Booth School of Business, in a paper published last month.

Economist: If Trump keeps escalating trade war, we will have a recession
September 04, 2019 | MSNBC
Austan Goolsbee tells Lawrence that the U.S. economy is likely to slip into a recession if Trump keeps up his trade war with China. The president just placed new tariffs on Chinese goods.

Will You Get That Paper Done on Time?
September 03, 2019 | Psychology Today
In fact, one of the problems is having plenty of time. University of Chicago economist Sendhil Mullainathan—whose work intersects with behavioral economics—in his book, Scarcity: The New Science of Having Less and How It Defines Our Lives -describes the processes underlying the problem of having too much time.

Multinational Companies Reveal Gender Bias in Job Ads
September 03, 2019 | Bloomberg
“Global companies should make sure that any standards they say they’re holding themselves to are observed the world over,” said John Paul Rollert, a behavioral science professor at the University of Chicago Booth School of Business and “in-house ethicist” at the Chicago Booth Review.

Is the government ready to regulate the tech industry?
August 30, 2019 | Marketplace
The panel included a variety of perspectives on the tech industry, including Elizabeth Banker from the Internet Association; Diane Katz from The Heritage Foundation; Tekedra Mawakana from Waymo; Corynne McSherry from the Electronic Frontier Foundation; and Luigi Zingales from the University of Chicago Booth School of Business.

How To Become The Boss Of Your Dreams
August 30, 2019 | Forbes
This is something of a conundrum to Ann L. McGill, the Sears Roebuck Professor of General Management, Marketing and Behavioral Science at the Chicago Booth business school.

Brexit will have global implications 'for sure': Professor
August 29, 2019 | CNBC
A no-deal Brexit would be the "darkest of scenarios" for European growth and that will affect the U.S., says Austan Goolsbee of The University of Chicago Booth School of Business.

Business Consolidation Is Crushing The Economy And People
August 29, 2019 | Forbes
A new study from Ufuk Akcigit, a professor of economics at the University of Chicago, and Sina T. Ates, a senior economist at the Federal Reserve Board, look at how business dynamism—the process of new business formation, expansion, contraction, job creation and destruction—has been slowing.

If You Ever Wanted A Prestige M.B.A., There's Never Been A Better Time To Apply Thanks To The Slump In Applications
August 28, 2019 | Forbes
After many years of tuition increases that exceeded inflation, Harvard Business School and the University of Chicago’s Booth School of Business have both frozen tuition rates for 2019/20.

Grit in the oyster
August 28, 2019 | Financial Times
For Luigi Zingales, the Chicago Booth professor, the BRT’s effort was “at best misleading marketing, at worst a dangerous power grab”.

Trump And The Business Roundtable Create Unwanted Regime Uncertainty
August 26, 2019 | Forbes
As it turns out, Scott R. Baker of Northwestern University, Nicholas Bloom of Stanford University and Steven J. Davis of the University of Chicago have developed a measure that serves as a proxy for regime uncertainty: the “Global Economic Policy Uncertainty Index.”

Are prominent Democrats getting rich off public service?
August 25, 2019 | Fox
Joining us now with reactions, former Obama Economic Adviser, Austan Goolsbee, and American Conservative Union Chair, Matt Schlapp.

Is Trump's economic team up for a trade war?
August 25, 2019 | Associated Press/Yahoo!/Japan Times
The key for any president in a moment of economic uncertainty is to have a talented team of advisers he can listen to and trust, said Austan Goolsbee, a University of Chicago economist who was a top aide to President Barack Obama.

Frustrated with event ticketing? New ventures try to help
August 24, 2019 | Associated Press//Yahoo!/ABC
"I think it's great that there's a lot of entrepreneurial activity in this space because this market is pretty broken, but I also think some government intervention would help too," said Eric Budish, a University of Chicago economics professor.

World leaders believe ‘it’s pointless’ trying to show unity with Trump at G7
August 24, 2019 | Independent
“The post-war world, which the US built, was essentially one where, if there was a theme, it was: ‘everyone benefits from everyone else’s growth’,” said Raghuram Rajan, an economist at the University of Chicago Booth School of Business, who once led India’s central bank.

World Leaders’ G7 Expectations: A Nice Chat, Some Good Wine, No Unity With Trump
August 23, 2019 | The New York Times
“The postwar world, which the U.S. built, was essentially one where, if there was a theme, it was: ‘Everyone benefits from everyone else’s growth,’” said Raghuram G. Rajan, an economist at the University of Chicago Booth School of Business, who once led India’s central bank.

Former Obama economic adviser stunned by Trump tweet
August 23, 2019 | CNN
Austan Goolsbee, the former chairman of the Council of Economic Advisers under President Obama, reacts to President Trump's tweet asking if Federal Reserve Chairman Jerome Powell or Chinese President Xi Jinping is the bigger enemy to America.

Trump’s days-long public meltdown has moved from words to actions
August 23, 2019 | MSNBC
NBC News’ Heidi Przybyla, WBUR’s Kimberly Atkins, NYT’s Nick Confessore, former economic advisor for President Obama Austan Goolsbee, and MSNBC’s Ali Velshi on the president escalating his trade war with China and comparing his hand-picked Federal Reserve chair to the authoritarian president of China.

Facebook, Google & Amazon: Is it time to create a digital FCC to regulate big tech companies?
August 22, 2019 | Fox
A "DCC" (Digital Communications Commission) or "Digital Authority" (DA) is the idea behind a recent report about digital platforms, sponsored by the University of Chicago's Stigler Center for the Study of the Economy and the State. Former Department of Justice senior staffer and Yale University economics professor Fiona Scott Morton led the study.

Jackson Hole's greatest hits justify obsessing over Fed meeting
August 22, 2019 | Bloomberg
In a symposium mainly given over to extolling the record of departing Chairman Alan Greenspan, University of Chicago economist Raghuram Rajan warned about excessive risk-taking by asset managers seeking to boost their compensation.

The yield curve alone cannot predict a recession: Former Fed governor
August 22, 2019 | CNBC
Randy Kroszner of the University of Chicago Booth School of Business discusses recession indicators and interest rate policy in the U.S.

Big business is beginning to accept broader social responsibilities
August 22, 2019 | The Economist
Oliver Hart of Harvard University and Luigi Zingales of the University of Chicago see his argument as principally motivated by a form of the agency problem; he didn’t like managers being charitable with shareholders’ money, even if it was ostensibly in the firm’s interests. ...Raghuram Rajan, an economist at the University of Chicago and former head of India’s central bank, advocates taking note of the non-financial investments workers and suppliers make in a company with a new measure of “firm value” which explicitly takes note of a specified set of such stakeholdings.

America's new CEOs are telling the wrong story about capitalism
August 21, 2019 | The Week
Likewise, a 2017 paper by University of Chicago economist Steven Kaplan found "little long-term evidence that is consistent with the predictions of the short-term critics" of public companies.

FOX NEWS GUEST ECONOMIST: IDEA THAT TRUMP'S TAX CUT FOR WEALTHY WOULD BENEFIT ECONOMY 'PRETTY MUCH DISPROVEN'
August 22, 2019 | Newsweek
Economist Austan Goolsbee said Wednesday that the argument that Donald Trump's tax cuts for the wealthiest Americans would somehow trickle down and benefit the economy as a whole has been "pretty much disproven."

Slowdown is worrisome; India needs to put its best minds to implement bold reforms, says Raghuram Rajan
August 20, 2019 | CNBC
The slowdown in India's economy is very worrisome and the government should pay attention to the arguments made by the former chief economist Arvind Subramanian about overestimating growth with the new gross domestic product (GDP) data, said Raghuram Rajan, the former Reserve Bank of India (RBI) governor.

'What'd You Miss?' Full Show
August 20, 2019 | Bloomberg
Today's Guests: Rett Wallace, CEO of Triton Research and Luigi Zingales, finance professor at University of Chicago Booth School of Business.

Don’t trust CEOs who say they don’t care about shareholder value anymore
August 20, 2019 | The Washington Post
Op-ed by Luigi Zingales - If workers’ unions were to get together and unilaterally decide what the employment contract meant and how it should be interpreted, the Business Roundtable would scream “socialism.”

It's the Fed, but the World Will Have Its Say
August 20, 2019 | The New York Times
"We have become interconnected in a way that we are almost in a prisoner's dilemma - stuck in this equilibrium where no one can escape" from a decade of low interest rates, said Raghuram Rajan, a former Reserve Bank of India governor and current professor at the University of Chicago Booth School of Business.

Talking With Strangers Is Scientifically Proven to Make You Happy
August 12, 2019 | Inc.
In a similar experiment, University of Chicago researchers Nicholas Epley and Juliana Schroeder found that commuter train and bus passengers who talked to nearby strangers found their commute more enjoyable than those who didn't.

The new IMF head should not be dictated by the tired, old, EU order
August 11, 2019 | Financial Times
The writer is professor of economics at Stanford University. This article was co-authored by Raghuram Rajan of Chicago’s Booth School

Bully, Berate, Manipulate: 3 Ways Trump is Attempting to Steer the Fed to Lower Interest Rates
August 09, 2019 | Fortune
Trump is assuming, "I follow my strategy on trade so even if things turn sour, I always have the Fed to reduce interest rates and bail me out," said Raghuram Rajan, professor of finance at the University of Chicago Booth School of Business and former governor of the Reserve Bank of India and chief economist and director of research at the International Monetary Fund.

NEW STUDY CONFIRMS THAT TRUMP'S CLAIM ABOUT CHINA PAYING FOR COST OF U.S. TARIFFS IS UNTRUE
August 07, 2019 | Newsweek
A new study from researchers at Harvard University, the University of Chicago and the Federal Reserve has further discredited a key talking point from President Donald Trump in relation to the escalating trade war with China: the East Asia country does not pay the cost of U.S. tariffs, U.S. consumers and importers do.

Opinion: This act of Congress could save the stock market from steeper losses
August 05, 2019 | Market Watch
Fortunately, in recent years we’ve had an objective measurement of economic uncertainty, courtesy of research conducted by Scott Baker of Northwestern University, Nick Bloom of Stanford University, and Steven Davis of the University of Chicago.

Trade Wars Are Not Good, or Easy to Win
August 05, 2019 | The Atlantic
In a University of Chicago poll of several dozen international economists, zero disagreed with the statement that “the incidence of the latest round of US import tariffs is likely to fall primarily on American households.”

You 2.0: Tunnel Vision
August 05, 2019 | NPR
"It leads you to take certain behaviors that in the short term help you to manage scarcity, but in the long term only make matters worse," says Sendhil Mullainathan, a professor at the University of Chicago's Booth School of Business.

Designing the College Experience to Fight Scarcity
August 05, 2019 | Psychology Today
Sendhil Mullainathan of the University of Chicago and Eldar Shafir of Princeton have extensively studied the cognitive impact of scarcity.

For economists and investors, the globe hasn’t been this confusing in at least three decades
August 02, 2019 | CNBC
The creators of the EPU Index, Baker of Northwestern University, Nicholas Bloom of Stanford University and the University of Chicago’s Steven Davis have also found that an economic policy uncertainty shock of 90 points reduces gross fixed investment in the U.S. by 6% within two quarters and lowers GDP by just over 1%.

How to get better at giving (and getting) feedback
August 02, 2019 | NBC
Giving feedback is how you help those around you get better at what they do and do their best, explains Ayelet Fishbach, PhD, the Jeffrey Breakenridge Keller Professor of Behavioral Science and Marketing at the University of Chicago’s Booth School of Business.

Richard Thaler: ‘If you want people to do something, make it easy’
August 02, 2019 | Financial Times
The Anthologist doesn’t serve cashew nuts, so I order a bowl of smoked almonds instead.

Trump’s Economy Is Plagued by Even More Uncertainty Than Obama’s
August 01, 2019 | Bloomberg
I asked Davis, a professor at the University of Chicago’s Booth School of Business, if this disparity was because the financial crisis emanated from the U.S., while the current sources of uncertainty were more widespread, and he replied via email with a “yes” and a list of seven culprits.

Why Rate Cuts Don’t Help Much Anymore
August 01, 2019 | The New York Times
Economists at Northwestern, Copenhagen University and the University of Chicago’s Booth School of Business have shown the same thing about mortgages.

Raghuram Rajan on prospects for a world recession
July 22, 2019 | BBC
The former Governor of the Reserve Bank of India, Raghuram Rajan, has said trade friction between the US and China and the prospects of Brexit have helped damage business confidence.

Economist Luigi Zingales: To Limit Big Tech’s Power, Regulations Should Be Tailored
July 16, 2019 | Fortune
For an economist, Luigi Zingales has an unconventional approach when it comes to regulating technology giants and their ever-increasing power.

China’s State-Driven Growth Model Is Running Out of Gas
July 17, 2019 | The Wall Street Journal
Alternative data such as tax collections suggest growth was 1.8 points slower than reported from 2010 to 2016, Chang-Tai Hsieh of the University of Chicago and three co-authors conclude.

The Trouble With Regulating Big Tech
July 16, 2019 | Fortune
Others, including Luigi Zingales of University of Chicago Business School, argued regulation can work, providing it's well-targeted.

Tech Giants Brace for Washington Showdown in Echo of Bill Gates
July 16, 2019 | Bloomberg | Washington Post | SF Gate
A report by the University of Chicago’s Stigler Center this year found that digital markets tend to be winner-take-all in which one firm comes to dominate.

Ex-RBI Chief Flags Risks for India’s Overseas Borrowing Plan
July 13, 2019 | Bloomberg | Yahoo! | Livemint
India’s plan to issue foreign currency debt has no real benefit and is fraught with risks, according to former Reserve Bank of India governor Raghuram Rajan.

The Wayfair Walkout and the Rise of Activist Capitalism
July 13, 2019 | Fortune
Op-ed by John Paul Rollert: But whatever one thinks of the tactical wisdom of the protestors, events like the Wayfair walkout tell us a lot about how capitalism is becoming an accomplice for social change.

Social Security is losing money by allowing retirees to defer claiming benefits
July 08, 2019 | MarketWatch
Last April, Nobel laureate Richard Thaler, a behavioral economist at the University of Chicago, suggested that workers should be allowed to trade a portion of their tax-deferred savings for an annuity from Social Security.

Watch five experts break down the June jobs report
July 05, 2019 | CNBC
Austan Goolsbee, former chairman of the Council of Economic Advisors under President Obama, Michael Strain, resident scholar and director of economic policy studies at the American Enterprise Institute, Joe LaVorgna, chief economist at Natixis, and Darrell Cronk, chief investment officer at Wells Fargo's Wealth and Investment Management, join "Squawk Box" with their initial reaction to the June jobs report.

Who created the McDonald’s Happy Meal? 40 years later, the answer is complicated.
July 03, 2019 | Chicago Tribune
Christopher J. Bryan, an assistant professor of behavioral science at the University of Chicago — who recently co-authored a study to help kids avoid fast food — sees these changes as half-measures.

The quiet campaign to reinstate the gold standard is getting louder
July 03, 2019 | Quartz
Reintroducing the gold standard would “be a disaster for any large advanced economy,” says the University of Chicago’s Anil Kashyap, who connects enthusiasm for it with “macroeconomic illiteracy.” His colleague, Nobel laureate Richard Thaler, struggles with its very underlying principle: “Why tie to gold? Why not 1982 Bordeaux?”

Do Teen Friendships Help Shape Our Mental Health?
July 03, 2019 | Medical Daily | MSN
Hobart W. Williams Professor of Sociology and Strategy at the University of Chicago Booth School of Business Ron Burt also established that having strong social networks positively impacts a person’s success during adulthood.

YV Reddy's broader message: India is too big to be governed directly by the Centre
July 01, 2019 | Economic Times
Op ed by Raghuram Rajan: Rajan points out Reddy's worries about central overreach as if the Centre were marking students.

One argument for canceling student debt: Student-loan borrowers may be far poorer than most economists believe
June 28, 2019 | MarketWatch
Research by Adam Looney, a former deputy assistant secretary for tax analysis at the Treasury Department, and Constantine Yannelis, a finance professor at the University of Chicago’s Booth School of Business, found that borrowers in the highest-income quintile hold a larger share of student debt than those in the bottom-income quintile.

Review: An economist learns the value of the local
June 28, 2019 | Bloomberg
Raghuram Rajan, a former Indian central bank governor who is in the running to replace Bank of England chief Mark Carney, thinks the answers will be clearer if they are studied through a new lens.

Libra Could Compete With Traditional Central Bank Currencies: Kroszner
June 27, 2019 | Bloomberg
Randall Kroszner, University of Chicago Booth School professor and former Federal Reserve Board member, discusses the potential of Facebook's Libra as a viable currency.

Fed Wants to Avoid Japan-Like Inflation Scenario, Kroszner Says
June 27, 2019 | Bloomberg
The Federal Reserve is “puzzled” by U.S. inflation and wants to avoid ending up like Japan, according to Randall Kroszner, professor of economics at Chicago Booth School of Business and a former Fed governor.

Health and Human Services Secretary Alex Azar
June 26, 2019 | Bloomberg
Guests include: Former Federal Prosecutor, Elie Honig. Health and Human Services Secretary, Alex Azar. Kito De Boer, Former Diplomat on Palestinian Territories. Austan Goolsbee, former Chairman of the White House Council of Economic Advisers under President Obama and current economics professor at the Chicago Booth School of Business.

The Balance of Power
June 26, 2019 | Bloomberg
Guests: University of Virginia Center for Politics Director Larry Sabato, Sen. John Kennedy, Former Obama Economic Adviser Austan Goolsbee

The jobs where liars excel
June 26, 2019 | BBC
But according to recent research by US academics Brian C Gunia and Emma E Levine, there’s an exception for jobs that are perceived as being high in selling orientation rather than customer orientation.

The Daily 202: Democratic candidates keep proposing tax hikes on the rich to pay for ambitious programs
June 25, 2019 | The Washington Post
A recent poll of about 40 top economists by the University of Chicago Booth School of Business found that 73 percent believed a wealth tax ‘would be much more difficult to enforce than existing federal taxes’ because of tax evasion.”

The big problem with short queues
June 25, 2019 | BBC
Government services aside, priority queues often make a lot of sense, says Ayelet Fishbach, an expert in behavioural science at the University of Chicago Booth School of Business.

New Study Says If You Hire Salespeople, You May be Prone to Hiring Liars
June 20, 2019 | Inc.
The study, "Deception as Competence: The Effect of Occupational Stereotypes on the Perception and Proliferation of Deception," was headed up by Emma Levine out of Chicago Booth and Brian Gunia from Johns Hopkins.

Global Economic Growth Is Already Slowing. The U.S. Trade War Is Making It Worse.
June 19, 2019 | The New York Times
Several measures of policy uncertainty, compiled by economists Scott R. Baker of Northwestern University, Nicholas Bloom of Stanford University and Steven J. Davis of the University of Chicago, have spiked with the increased tensions.

Would you hire a liar?
June 18, 2019 | CIO
"We found that people don't always disapprove of liars," said Chicago Booth Professor of Behavioural Science and lead author Emma Levine.

The government has this wrong: Financial literacy alone won’t solve the student-debt crisis
June 18, 2019 | MarketWatch
As Philip Fernbach, the co-director of the Leeds School of Business Center for Research on Consumer Financial Decision Making, and Abagail Sussman, an associate professor at the Chicago Booth School of Business have argued, when people face a major decision, such as where to go to college and how much to pay, they do not turn to the kind of mathematical formulas and abstract ideas they might learn in the financial literacy classes Mnuchin valorizes.

We can't rely on national governments to save failing communities. It's time for a new approach
June 18, 2019 | CNN
Op-ed by Raghuram Rajan: As technological change has allowed societies around the world to prosper, others are being left behind.

State cyber-attack poses big danger for UK banks: Bank of England
June 18, 2019 | Reuters | The New York Times | Yahoo!
Banks have focused mainly on stopping service outages, but the falsification of transaction records and other data was an even bigger danger, Anil Kashyap told lawmakers on Tuesday.

Some Tesla Insiders Are Using This Options Strategy to Pocket Huge Sums
June 17, 2019 | Fortune
Some examples are Antonio Gracias, founder of Valor Equity Partners, which was the first institutional investor in Tesla, according to a case study prepared by University of Chicago Booth School of Business professor Steven Kaplan.

How an Indianapolis-area church erased $2 million in medical debt for Hoosier families
June 17, 2019 | Indianapolis Star
“Medical debt has fairly low recovery rates and the amount of money that collectors are willing to sell this debt for is pennies on the dollar,” said Neale Mahoney, a professor of economics at the University of Chicago.

Elizabeth Warren Is Completely Serious
June 17, 2019 | The New York TImes
“There’s a concerted effort to equate Warren with Bernie, to make her seem more radical,” says Luigi Zingales, a University of Chicago economist and co-host of the podcast Capitalisn’t.

The Worst Form of Envy? In the Future Tense
June 14, 2019 | The Wall Street Journal
How do you feel about this?” said Ed O’Brien, one of the study’s lead authors and a professor at the University of Chicago.

COMMUTERS URGED TO SPEAK TO EACH OTHER UNDER NEW SCHEME TO TACKLE LONELINESS
June 14, 2019 | Independent | MSN | Yahoo!
In the study, led by Nicholas Epley at the University of Chicago, participants were told to either talk to no one, carry on as usual or make conversation with whoever sat next to them.

Talking To Strangers May Be Good For Your Health, Research Shows
June 14, 2019 | Bustle
The BBC recently published a piece of research by behavioral scientists Nicholas Epley and Juliana Schroeder.

Full show: Talking to strangers, Universal PharmaCare, & Plastic
June 13, 2019 | Global News Radio Network
Charles Adler interviews Professor Nicholas Epley about his research into the surprising benefits of talking to strangers.

Tension set to linger even if US and China reach a deal
June 08, 2019 | Strait Times
This is because some of these problems are of broader concerns among the Americans, said Professor Steven Davis of the University of Chicago Booth School of Business.

How the arts help hone leadership skills
June 07, 2019 | Financial Times
Harry Davis, professor of creative management at the University of Chicago Booth School of Business, has long been an advocate of experimentation and collaboration with artists.

Can't Totally Dismiss Jobs Report as a Blip, Goolsbee Says
June 07, 2019 | Bloomberg
Austan Goolsbee, professor of economics at the University of Chicago Booth School and former chairman of the White House Council of Economic Advisers, discusses the U.S. jobs report with Bloomberg's David Westin on "Balance of Power."

Art Laffer: Tariffs are a legitimate way to affect immigration policy
June 04, 2019 | CNBC
Austan Goolsbee of Chicago's Booth School of Business and Arthur Laffer, a former advisor to Presidents Reagan and Trump, join "Squawk Box" to discuss how those tariffs might affect the U.S. and world economies.

Fears grow over 'food swamps' as drugstores outsell major grocers
June 04, 2019 | The Guardian
Another study, by the University of Chicago last year, concluded that 91% of the nutrition gap between low-income households and affluent ones was driven by preference.

Raghuram Rajan's Mission To Fix Capitalism From The Inside
June 03, 2019 | Forbes
Raghuram Rajan has been tipped as a future Governor of the Bank of England but for now the economist is focused on bigger challenges - reshaping the relationship between capitalism, democracy and communities.

Elizabeth Warren Plays Santa Claus With ‘Free’ Gifts For Every Voter (Except Those Filthy Rich People)
June 02, 2019 | The Federalist
According to an article by Chicago Booth Review, wealth is difficult to value, and therefore difficult to tax.

Egypt's Richest Man Nassef Sawiris Donates $6 Million To Chicago Booth School of Business
June 02, 2019 | Forbes
Egyptian billionaire Nassef Sawiris has donated $6 million to the University of Chicago Booth School of Business to launch the first custom-designed Executive Education program in El Gouna, a modern resort town on Egypt’s Red Sea.

Passengers May Pay a Lot More. Drivers Won’t Accept Much Less
May 31, 2019 | New York Times
Austan Goolsbee provides his take on Uber and Lyft, two leading ride-share companies.

Are You A Victim Of Irrational Loyalty? Branding Maven Deb Gabor Certainly Hopes So.
May 26, 2019 | Forbes
Gabor says she felt validated recently when University of Chicago professor Richard Thaler won the 2017 Nobel Prize in economics for his work on behavioral economics.

U.S. and China Go Their Own Ways With AI
May 23, 2019 | Bloomberg | Quint |Yahoo!
As Jon Kleinberg from Cornell University and Sendhil Mullainathan from the University of Chicago showed in a just-published paper, the simpler the prediction rules built into an algorithm, the less fair its decisions.

Warren’s ambitious agenda relies on a massive wealth tax that the rich may evade
May 22, 2019 | The Washington Post | Houston Chronicle
A recent poll of about 40 top economists by the University of Chicago Booth School of Business found that 73 percent believed a wealth tax“would be much more difficult to enforce than existing federal taxes” because of tax evasion.

Would Elizabeth Warren’s Wealth Tax Work?
May 22, 2019 | The Fiscal Times | Yahoo!
Olorunnipa notes that a recent poll of about 40 economists by the University of Chicago Booth School of Business found that 73% agreed or strongly agreed that Warren’s proposed wealth tax “would be much more difficult to enforce than existing federal taxes because of difficulties of valuation and the ways by which the wealthy can under-report their true wealth.”

Lori Lightfoot's commitment to expanding opportunities for women, minority businesses highlights 'women helping women' approach
May 22, 2019 | Chicago Tribune
“There’s no question that role modeling and visibility of role models has an impact,” said Waverly Deutsch, professor at the University of Chicago Booth School of Business.

Why Capitalism Needs Populism
May 2019 | Finanz und Wirtschaft
The pressure on governments to keep capitalism competitive and prevent monopolies often comes from simple people who democratically organize themselves. A comment by Raghuram G. Rajan.

Trump’s China tariffs hurt American consumers, farmers: Austan Goolsbee
May 21, 2019 | FOX
Former Obama economic adviser Austan Goolsbee gives his take on the U.S.-China tariff battle.

Sears' Seven Decades of Self-Destruction
May 20, 2019 | Fortune
So it’s sobering to see that its market value, calculated in constant dollars, peaked on May 4, 1965, according to data from the Center for Research in Security Prices at the University of Chicago’s Booth School of Business.

In Tokyo rice shop, loyalty to a sacred staple
May 17, 2019 | The Christian Science Monitor
“Rice has cultural cache,” says University of Chicago professor Thomas Talhelm, who’s spent a decade studying the connection between rice agriculture and cultural behavior in Asia.

Buffett Waded Into Amazon at a Dangerous Stretch
May 16, 2019 | The Wall Street Journal
Lubos Pastor, professor of finance at the University of Chicago, evaluated the returns of 10 portfolios of stocks sorted on ratios of book equity to market equity.

Why Smart-Beta ETFs Protect Investors
May 16, 2019 | U.S. News
Smart beta, also called factor investing, is rooted in academic research from Eugene Fama, a professor at the University of Chicago's Booth School of Business, and Ken French, a finance professor at the Tuck School of Business at Dartmouth College.

Predicting the financial crash
May 15, 2019 | BBC
Among them were South-African born political economist Ann Pettifor and the IMF's chief economist at the time, Raghu Rajan.

The Key To Overcoming Envy? Give It Time
May 13, 2019 | Fortune
“Yesterday’s News: A Temporal Discontinuity in the Sting of Inferiority” has shed some light on how we experience these emotions as well as get over them. Researchers from the University of Chicago's Booth School of Business showed that people tend to become less jealous of others over time.

Pimco Hires Nobel-Winning Economist Richard Thaler for Advisory Role
May 09, 2019 | Bloomberg | Quint | Yahoo!
Pacific Investment Management Co. added Nobel laureate Richard Thaler as a senior adviser on retirement and behavioral economics.

Why capitalism needs populism for a proper rebalancing
May 07, 2019 | Irish Examiner
Op ed by Raghuram Rajan: Throughout the country’s history, it has been capitalism’s critics who ensured its proper functioning, by fighting against the concentration of economic power and the political influence it confers.

Addicted to Junk Food? New Study Reveals How You Can Win the Fight
May 06, 2019 | Inc.
It can be difficult to curb unhealthy food, but a new study from the University of Chicago, Booth School of Business gives us insight on how we can battle our own junk food addictions.

Why You Need a Network of Low-Stakes, Casual Friendships
May 06, 2019 | The New York Times | MSN
Settings like a bar or a company party encourage mingling with people who may be on the outskirts of our social circles, said Nicholas Epley, a professor of behavioral science at the University of Chicago Booth School of Business.

Trump Call for One Point Rate Cut Is 'Bonkersville,' Economist Goolsbee Says
May 03, 2019 | Bloomberg
Austan Goolsbee, professor of economics at the University of Chicago Booth School and former chairman of the Council of Economic Advisers, discusses the U.S. jobs report with Bloomberg's David Westin on "Balance of Power."

U.S. Worker Productivity Advances at Best Rate Since 2010
May 02, 2019 | The Wall Street Journal
Chad Syverson, a University of Chicago economist who studies productivity, said it isn’t likely that tax cuts, or any single event, would spark a productivity breakout.

Everything You Need To Know About Food Deserts
April 29, 2019 | redbook | Yahoo!
A 2018 Chicago Booth study found that giving people in low-income households the same products and prices as people in high-income households reduced nutritional inequality by only 9%.

The U.S. Doesn't Need More Superstar Companies
April 28, 2019 | Boomberg | Business Live
A recent paper by Chad Syverson of the University of Chicago Booth School of Business argues that it’s still possible that the rise in mark-ups is an illusion — the result of mis-measurement by economists.

Should Social Security Start Selling Annuities?
April 27, 2019 | FOX
University of Chicago professor Richard Thaler recently suggested an idea that would allow ordinary retirement savers to use a portion of their contributions to 401(k)s or similar plans to generate a larger stream of monthly payments after the end of their careers.

How to save capitalism
April 27, 2019 | FOX
Capitalism is in trouble and not just from the threat of socialism that’s gaining traction in American political circles, according to University of Chicago economist Raghuram Rajan.

Why investors are careful buyers but careless sellers
April 27, 2019 | The Economist
That is the central finding of “Selling Fast and Buying Slow”, published late last year by a trio of academics—Klakow Akepanidtaworn of the University of Chicago’s Booth School of Business, Alex Imas of Carnegie Mellon University and Lawrence Schmidt of the Massachusetts Institute of Technology—together with Rick Di Mascio of Inalytics, a data firm.

Women Did Everything Right. Then Work Got ‘Greedy.’
April 26, 2019 | The New York Times
In 1980, only half of women working in the 10 highest-paying occupations were married, and only a third had a child, found research by Marianne Bertrand, an economist at the University of Chicago Booth School of Business.

Former CEA chair Austan Goolsbee talks GDP, trade deal
April 26, 2019 | CNBC | Yahoo!
Former Council of Economic Advisers chair and University of Chicago professor Austan Goolsbee dissects the latest GDP numbers on CNBC's "Closing Bell."

Uber and Lyft drivers plan 24-hour strike to protest pay
April 26, 2019 | CBS | MSN
One of those researchers, John Barrios, an accounting professor at the University of Chicago's Booth School of Business, said it's not clear that working as a driver for either company full-time is sustainable, given Lyft and Uber are competing on price.

GDP Data Illustrate Both the Good and Bad of Trump's Trade Wars
April 26, 2019 | Bloomberg | Yahoo!
Steven Davis, who studies the economics of uncertainty at the University of Chicago’s Booth School of Business and works with the Atlanta Fed on its survey, says those aren’t big numbers in the $21 trillion U.S. economy.

Why a citizenship question on the census matters to all Americans
April 24, 2019 | MSNBC
Former Chairman of the Council of Economic Advisers Austan Goolsbee and MSNBC Legal Analyst Maya Wiley join Stephanie Ruhle and Ali Velshi to discuss why this decision matters in all realms of American life – from civil rights to your bank accounts.

Nobel laureate Richard Thaler thinks you should be able to use your 401(k) to get a bigger Social Security check. Other experts aren’t so sure.
April 23, 2019 | CNBC
Nobel laureate Richard Thaler has put forward a new idea to allow individuals to use their 401(k) savings to increase their Social Security benefits.

This simple trick could make teenagers 'shun junk food', scientists claim
April 23, 2019 | The Daily Mirror
Christopher Bryan, an author of the study, said: "Food marketing is deliberately designed to create positive emotional associations with junk food, to connect it with feelings of happiness and fun.

The Impeachment Quandary
April 23, 2019 | The New York Times
And that same approach has worked against politicians similar to Trump in other countries, as Luigi Zingales of the University of Chicago has pointed out.

Teenagers’ desire to rebel could help them eat less junk food – study
April 22, 2019 | Press Association UK | Yahoo! | ITV
Christopher Bryan, from the university, said: “Food marketing is deliberately designed to create positive emotional associations with junk food, to connect it with feelings of happiness and fun.

Schools Helping Homeless Families; A Conversation With NPR’s Scott Simon; How Bad Are White Lies?
April 22, 2019 | Illinois Public Media
Well except for those little white lies. Those are pretty harmless, right? Well, Emma Levine isn’t so sure.

Exposing teenagers to the truth of ’emotional’ fast food marketing changes their habits, study finds
April 22, 2019 | i News
The study, from researchers at Chicago Booth University and published in the journal Nature Human Behaviour, saw students given an “expose-style article” suggesting fast-food companies were trying to “hook consumers on addictive junk food for financial gain”.

Game of Thrones: Managing a merger as the zombies close in
April 21, 2019 | Associated Press | Yahoo!
Overall, University of Chicago economist Steve Kaplan rejects the widely held view that most mergers fail.

A Nobel Laureate’s Fix for the Retirement Crisis
April 19, 2019 | Barron's
Nobel laureate Richard Thaler says drawing down retirement assets is even harder than saving them, partly because of uncertainty about a retiree’s lifespan.

The left should resist the siren song of ‘modern monetary theory’
April 19, 2019 | The Washington Post
In a recent poll of about 50 elite economists by the University of Chicago Booth School of Business, not a single one agreed with a central MMT claim: “Countries that borrow in their own currency can finance as much real government spending as they want by creating money.”

People Underestimate How Fun It Is to Do the Same Thing Twice
April 18, 2019 | The Atlantic
Repeating something, it turns out, “may turn out to be less dull than people think,” writes Ed O’Brien, the author of the study and a behavioral-science professor at the University of Chicago’s Booth School of Business.

Apollo Draws Fury From Small-Time Investors Who Lost Everything
April 18, 2019 | Bloomberg
“In a business where people are tough negotiators, they have a reputation for being the toughest,’’ said Steven Kaplan, a professor at the University of Chicago’s Booth School of Business.

Protectionism doesn’t really help preserve jobs: Raghuram Rajan
April 17, 2019 | PTI | Indian Express | Economic Times
Delivering the keynote address at the 2019 ECOSOC Forum on Financing for Development at the UN Headquarters on Monday, Raghuram Rajan said the open liberal democratic market system that brought the world enormous prosperity in the six decades or so after the Second World War is now under attack.

Go ahead, watch that movie again – research shows you’ll enjoy it more than you think
April 13, 2019 | The Washington Post
New research from Ed O’Brien at the University of Chicago suggests that adults could stand to learn from the toddlers in their lives.

How a Hitless Chris Davis Is Like a $15 Dessert
April 10, 2019 | The New York Times
Considering the amount of money the team has committed to Davis, his situation might be less suited for a manager like Hyde than it is for someone like Richard Thaler, the Nobel Prize-winning economist at the University of Chicago’s Booth School of Business.

Lawmakers want to ban ‘dark patterns,’ the Web designs tech companies use to manipulate you
April 09, 2019 | The Washington Post
More than a decade ago, University of Chicago economist Richard Thaler and Harvard University law professor Cass Sunstein helped shed light on the psychological aspects of decision-making with their 2008 book “Nudge.”

Economist Rajan, who predicted financial crisis, warns against poking the Fed
April 08, 2019 | Bloomberg
Former Reserve Bank of India governor Raghuram Rajan, India’s former central bank governor, warned that U.S. President Donald Trump’s attempts to influence the Federal Reserve could have “devastating” effects for the economy and monetary policy.

Critics say Yang's cash giveaway means people won't work. Alaska says otherwise.
April 08, 2019 | NBC
Ioana Marinescu, a professor at the University of Pennsylvania's Wharton School of Business, and Damon Jones, a professor at the University of Chicago Booth School of Business, studied the effects of the fund on the Alaskan labor market by comparing trends in the state with similar states like Wyoming and Utah.

Zingales Says More Sense for UniCredit to Buy Commerzbank
April 05, 2019 | Bloomberg
University of Chicago Booth School Finance Professor Luigi Zingales discusses the prospects for a possible rival bid by UniCredit SpA for Commerzbank AG in case talks to merge the German lender with Deutsche Bank AG collapse.

Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street
April 05, 2019 | The New York Times
And in academia, when the University of Chicago’s Booth School of Business asked top scholars about a couple of its claims, they split between the 28 percent who disagreed and the 72 percent who strongly disagreed.

Herman Cain, Trump’s next pick for the Fed, embraces the stupidest idea in economic policy
April 05, 2019 | Los Angeles Times
“Love of the [gold standard] implies macroeconomic illiteracy,” Chicago economist Anil Kashyap added in a side comment.

Italy’s Elite Laments Dismal Outlook Under Populist Coalition
April 05, 2019 | Bloomberg
“If we don’t return to a serious path of growth, we’re not going to get our way out of debt,” Luigi Zingales, finance professor at University of Chicago Booth School of Business, said in an interview at the event at Lake Como.

Former CEA chair Austan Goolsbee weighs in on Ray Dalio's comments about capitalism
April 05, 2019 | CNBC | Yahoo!
Austan Goolsbee, former Council of Economic Advisors Chairman and University of Chicago Booth Business School professor, joins "Squawk Box" to discuss hedge fund billionaire Ray Dalio's comments on capitalism.

Zingales Says More Sense for UniCredit to Buy Commerzbank
April 05, 2019 | Bloomberg
University of Chicago Booth School Finance Professor Luigi Zingales discusses the prospects for a possible rival bid by UniCredit SpA for Commerzbank AG in case talks to merge the German lender with Deutsche Bank AG collapse.

Trump’s Fed Picks Have Fond Memories of the Gold Standard
April 05, 2019 | Bloomberg
In 2012, a survey of leading economists by the University of Chicago Booth School of Management found that 34 percent disagreed with a gold standard and 66 percent disagreed strongly.

Does a Thank You Note Really Matter?
April 03, 2019 | Marie Claire | MSN
According to the recent study “Undervaluing Gratitude,” by researchers at the Booth School of Business at the University of Chicago, we systematically underestimate the positive impact of expressing gratitude and overestimate how awkward an expression of gratitude might make someone else feel.

Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes
March 31, 2019 | The Wall Street Journal
In a survey by the University of Chicago’s Booth School of Business of 38 mainstream academic economists, 88% disagreed or strongly disagreed that countries that borrow in their own currency don’t need to worry about deficits.

The 2019 IPO Frenzy Is Different From 1999. Really.
March 30, 2019 | The Wall Street Journal
“Tech businesses generally have big fixed costs, and the more revenue you can stretch across those costs, the more drops to your bottom line,” says Steven Kaplan, a professor at the University of Chicago’s Booth School of Business.

The Mystery Of Dividend Preference And The 'Spend Dividends Only' Strategy
March 28, 2019 | Forbes
One of those researchers is Samuel Hartzmark, an Associate Professor of Finance at the University of Chicago's Booth School of Business.

How your company may be hurting your retirement savings
March 25, 2019 | MarketWatch
Richard Thaler, a professor of behavioral science and economics at the University of Chicago Booth School of Business, won the Nobel Prize in economics last year for his research on automatic enrollment, and his fellow researcher Shlomo Benartzi said the concept has helped employees save almost $30 billion in the last decade.

This is how to succeed as an introverted leader
March 22, 2019 | Fast Company
A recent study by researchers at Harvard, Stanford, and the University of Chicago looked at 4,591 CEOs.

The Dilemma Facing a $358 Billion Investing Giant
March 22, 2019 | The Wall Street Journal
“Now, when everyone else is doing it and with [the prices of buyout deals] higher, expected returns look just okay,” says Steven Kaplan, a finance professor at the University of Chicago Booth School of Business.

Real Time Economics: Did the U.S. Economy Really Grow 3% Last Year?
March 22, 2019 | The Wall Street Journal
Chicago Booth's IGM forum polled economists about Modern Monetary Theory—the idea that a country that is able to borrow in its own currency need not worry about government deficits and debt.

Kroszner: Impact of Trade Disputes Greater on Chinese Economy Overall
March 20, 2019 | Bloomberg
Randy Kroszner, deputy dean for executive programs at Chicago Booth School and former governor of the Federal Reserve, discusses the U.S.-China trade negotiations, how they’re impacting the economies, his views on Fed policy, how it may impact markets and how the Fed will move next.

Inequality Is Holding Economies Back. Education Could Be One Solution
March 20, 2019 | Bloomberg
The country’s preferential network goes beyond alma mater, suggests economist Seth Zimmerman at University of Chicago Booth School of Business, to favor men who went to pricey private schools.

Startups Lose in a Low-Rate World, and the Fed Is Blaming Itself
March 19, 2019 | Bloomberg | Quint
Usually, theory would suggest that a low-rate environment should be good for firms overall -- making it cheaper for them to borrow and grow -- but that doesn’t account for market structure and competition, according to a recent and related working paper by Princeton University’s Ernest Liu and Atif Mian as well as the University of Chicago Booth School of Business’ Amir Sufi.

Here’s How the Quants Might Pick NCAA Basketball Winners
March 19, 2019 | Bloomberg | Quint
Led by the University of Chicago’s Eugene Fama, known as the “the father of efficient markets,” academics assembled overwhelming evidence in support of the efficient market hypothesis, or EMH.

Nobel Prize winner Richard Thaler says China should use ‘nudge theory’ to improve the lives of citizens
March 19, 2019 | South China Morning Post
More carrot and less stick would help China achieve better results from government policies and services to improve the lives of its citizens, according to Nobel Prize-winning economist Richard Thaler.

Female economists report widespread discrimination and sexual assault, prompting calls for major change
March 18, 2019 | The Washington Post
“I don’t want to see numbers this high,” said Marianne Bertrand, an economics professor at the University of Chicago Booth School of Business and chair of AEA’s Committee on Equity, Diversity and Professional Conduct.

Women in Economics Report Rampant Sexual Assault and Bias
March 18, 2019 | The New York Times
But Marianne Bertrand, a University of Chicago economist who oversaw the survey as the head of a special committee on the professional climate in economics, called the results distressing.

Fed Stays on Hold With Clouds on the Horizon, Zingales Says
March 18, 2019 | Bloomberg | MSN
University of Chicago Booth School Finance Professor Luigi Zingales discusses the factors that he believes will keep the Federal Reserve on hold at its upcoming meeting.

US higher education crisis: lessons from the Chicago schools
March 17, 2019 | Financial Times
“If you make something free, you massively boost demand without improving supply,” says Austan Goolsbee, a professor of economics at University of Chicago.

Investing in China: All Bets Are Off
March 16, 2019 | Fortune | Yahoo!
An analysis by Chang-Tai Hsieh of the University of Chicago and three co-authors from the Chinese University of Hong Kong made headlines earlier this month with its finding that China’s industrial output has been consistently exaggerated.

You Never Know When a Recession Will Sneak Up on You
March 15, 2019 | New York Times
Austan Goolsbee shares his perspective on the president's budget and its potential consequences.

Sharing a plate of food leads to more successful negotiations
March 14, 2019 | The Economist
As Kaitlin Woolley of Cornell University and Ayelet Fishbach of the University of Chicago report in Psychological Science, a meal taken “family-style” from a central platter can greatly improve the outcome of subsequent negotiations.

Warren's Tech Assault Propels Fringe Antitrust View to Spotlight
March 14, 2019 | Business Insider
"Elizabeth Warren’s proposal is very radical because it’s front-running the intellectual debate rather than codifying what the intellectual debate has produced," said Luigi Zingales, director of the Stigler Center at the University of Chicago.

A new survey shows that zero top US economists agreed with the basic principles of an economic theory supported by Alexandria Ocasio-Cortez
March 14, 2019 | Business Insider
In the latest survey of 42 of America's top economists by the University of Chicago Booth School of Business, not a single respondent agreed with the basic aspects of MMT.

Find MBAs That Lead to Employment, High Salaries
March 13, 2019 | U.S. News | World Report
The University of Pennsylvania’s Wharton School and the University of Chicago's Booth School of Business share the distinction of being top MBA programs where recent grads are paid high salary and bonus packages and have high job placement rates.

The Bank of Japan's Never-Ending Crisis Is a Lessons to the World's Central Banks
March 13, 2019 | Bloomberg | Japan Times
“When Japan first confronted the problem of very low inflation, monetary economists pooh-poohed the problem, saying there was an easy fix,” said Raghuram Rajan, former governor of the Reserve Bank of India and now a professor at the University of Chicago.

Rajan Says College Admissions Scandal Is a `Blow to the System'
March 13, 2019 | Bloomberg
Former Reserve Bank of India Governor Raghuram Rajan, a professor at the University of Chicago Booth School of Business, discusses the U.S. college admissions scandal.

Political pressures risk undermining central banks - Rajan
March 12, 2019 | Reuters
Rising political pressures on central banks around the world undermines effective monetary management by risking kneejerk policies rather than pre-emptive decision making, former Reserve Bank of India chief Raghuram Rajan said on Tuesday.

Raghuram Rajan says capitalism is 'under serious threat'
March 12, 2019 | BBC
Former Indian central bank governor Raghuram Rajan has warned capitalism is "under serious threat" as it has stopped providing for the masses.

U.S. News Announces 2020 Best Graduate Schools
March 12, 2019 | U.S. News
Harvard University – the previous No. 1 full-time MBA program for three years running – ties at No. 3 along with University of Chicago's Booth School of Business and Massachusetts Institute of Technology's Sloan School of Management.

A bizarre series of events has caused havoc for recent economic data and a headache for forecasters
March 09, 2019 | Business Insider
"If we had 3 months in a row like this, everyone would conclude it just meant that people are terrible at predicting the start of a recession," Austan Goolsbee, who was chairman of the Council of Economic Advisers in the Obama administration, said in an email.

China's GDP Growth Pace Was Inflated for Nine Years, Study Finds
March 08, 2019 | Bloomberg | Yahoo! | Investing
The Beijing-based National Bureau of Statistics, knowing such manipulation well, has been adjusting the local numbers but hasn’t done so sufficiently since 2008, authors Wei Chen, Xilu Chen, Chang-Tai Hsieh and Zheng Song wrote.

Inequality In America
March 07, 2019 | NPR
But Raghuram Rajan, an economist at the University of Chicago's Booth School of Business, says it's also made inequality much worse in the U.S.

China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says
March 07, 2019 | South China Morning Post
The paper’s four authors – Chen Wei, Chen Xilu and Michael Song from the Chinese University of Hong Kong and Chang-Tai Hsieh from the University of Chicago – used a mix of economic indicators that are less likely to have been manipulated by authorities to prove that the National Bureau of Statistics (NBS) have not done enough to correct the errors in the data collected from provincial governments over the past decade.

‘The Third Pillar’ Review: Why Washington Is the Problem
March 06, 2019 | The Wall Street Journal
In his insightful and impressive book “The Third Pillar,” the University of Chicago economist Raghuram Rajan calls for “bringing back the largely self-governing community as the locus of self-determination, identity and cohesiveness.”

Why did the China shock hurt so much?
March 06, 2019 | The Economist
Kerwin Kofi Charles, Erik Hurst and Mariel Schwartz, of the University of Chicago, found that local declines in manufacturing employment in the 1980s were not associated with increases in local unemployment rates.

The Third Pillar
March 06, 2019 | C-SPAN
Former IMF chief economist Raghuram Rajan talked about the negative impact of economic globalization on our communities and what should be done reverse the trend.

Crowded out: have markets and states forgotten about people?
March 06, 2019 | Financial Times
Amazon’s controversies would sound familiar enough to Raghuram Rajan.

What if All the World’s Economic Woes Are Part of the Same Problem?
March 05, 2019 | The New York Times/The Indian Express
Mr. Mian, along with his Princeton colleague Ernest Liu and research partner, Amir Sufi at the University of Chicago, tried to figure out if the relationship between low interest rates and business investment might be murkier than textbooks suggested.

It's members' money, not Greg Combet and big super's
March 05, 2019 | Financial Review
As Nobel Laureate and Harvard professor Oliver Hart and the University of Chicago's Luigi Zingales have argued, plenty of shareholders have ethical and social concerns.

How Accountants Break the Bad News About Tax Refunds: With Chocolate and Tissues
March 04, 2019 | The Wall Street Journal
Nicholas Epley, a behavioral science professor at the University of Chicago’s Booth School of Business, says people tend to think of their money in different categories—such as tax refunds and paychecks—even if a gain in one balances a loss in the other.

As Trump Moves to End Trade War With China, Business Asks: Was It Worth It?
March 04, 2019 | The New York Times
A survey from economists at the Federal Reserve Bank of Atlanta, the University of Chicago and Stanford University in January concluded that tariffs reduced business investment in the United States by 1.2 percent — or $32.5 billion — in 2018.

Kroszner on Fed, Interest Rates, U.S. Dollar
March 04, 2019 | Bloomberg
Former Federal Reserve Governor and University of Chicago Economics Professor Randall Kroszner discusses President Trump’s comments about Jay Powell and the strong dollar, interest rates in the U.S. and his outlook for the dollar.

Kroszner: Direct Impact of Tariffs Has Been Very Small
March 04, 2019 | Bloomberg
Randall Kroszner, economics professor at the University of Chicago and former Federal Reserve Governor, discusses the impact of a trade deal on global growth.

Populist Governments Threaten Central Banks’ Independence, Says Raghuram Rajan
March 03, 2019 | Bloomberg | Quint
The professor at University of Chicago Booth School of Business also urged corporations to look beyond creating shareholder value and focus on interests of all stakeholders.

State I.R.A. Plans Are Ready, if Congress Doesn’t Interfere
March 03, 2019 | The Upshot
Richard Thaler shares his perspective on how behavioral economics can help shape retirement saving plans.

Opinion | In search of better populist policies to lift communities
March 01, 2019 | Livemint
Op-ed by Raghuram Rajan: The postwar economic success of liberal democracies was not simply the result of letting markets flourish.

Don’t Destroy Globalization, Manage It
February 28, 2019 | Bloomberg
Op-ed by Raghuram Rajan: Angry populist nationalist politicians don’t just rally the native-born against minorities and immigrants, but against the ceding of power to international bodies.

The Impact Of Honest Communication During A Layoff
February 28, 2019 | Forbes
Being able to deliver this news in the right way is crucial for both parties, however, and recent research from the University of Chicago Booth School of Business suggests that our fears are mostly overblown.

Why People Are Outraged at Lower Tax Refunds (but Probably Shouldn’t Be)
February 27, 2019 | The New York Times
“The question that befuddles traditional economists is why people want these refunds,” said Richard Thaler, a Nobel-winning economist at the University of Chicago’s Booth School of Business.

How to Make Immigration Great Again
February 27, 2019 | Bloomberg | Quint | Yahoo!
An interesting historical study by University of Chicago finance professor Luigi Zingales and others highlights the long-term benefits of decentralizing power back to the community.

Talking to Your Pets Is a Sign of Intelligence, According to Science
February 27, 2019 | Oprah Magazine
"Historically, anthropomorphizing has been treated as a sign of childishness or stupidity, but it's actually a natural byproduct of the tendency that makes humans uniquely smart on this planet," Dr Nicholas Epley, a professor of behavioral science at the University of Chicago said.

Tariff Fears Led U.S. Manufacturers to Trim Spending
February 26, 2019 | The Wall Street Journal
In the survey conducted last month, private-sector companies said increased tariffs and trade tensions have led them to reduce capital expenditures by an average of 1.2%, according to the Survey of Business Uncertainty, a joint project of the Atlanta Fed, Stanford University and the University of Chicago’s Booth School of Business.

When investors make mistakes, and they always do, this manager pounces and profits
February 26, 2019 | MarketWatch
Thaler, a professor at the University of Chicago Booth School of Business, was awarded the Nobel Memorial Prize in Economic Sciences in 2017 for his work in behavioral economics.

Ex-RBI Governor Rajan Sees Community as Base for Capitalism
February 26, 2019 | Bloomberg
Raghuram Rajan, former Reserve Bank of India Governor and author of "The Third Pillar," discusses the element of community missing from democratic capitalism. He speaks on "Bloomberg Surveillance."

Rajan Says Bad Populism Is the ‘Road to Serfdom’ for Economies
February 26, 2019 | Bloomberg
(Raghuram) Rajan, who’s now at University of Chicago Booth School of Business, was speaking to Tom Keene and Francine Lacqua on Bloomberg Television about his book on globalization and capitalism.

Rajan Urges 'Place-Based' Policies to Spur Local Economic Growth
February 26, 2019 | Bloomberg
In "Single Best Chart," Raghuram Rajan, former Reserve Bank of India Governor and author of "The Third Pillar," examines economic growth and the rebound in U.S. real wages. He speaks with Bloomberg's Tom Keene on "Bloomberg Surveillance."

To Save Capitalism, Save Communities
February 26, 2019 | Bloomberg | Quint
Raghuram Rajan is professor of finance at the University of Chicago Booth School of Business.

Former RBI Governor: Globalization has taken power away from the community
February 25, 2019 | Yahoo!
“What we need is to bring some of those powers back first to the nation, then back to the region, then finally back to the community so that people have a sense of agency,” said (Raghuram) Rajan, now a professor at the Chicago Booth School of Business.

Bernanke Killed The World Economy, New Academic Study Confirms
February 23, 2019 | Zero Hedge
The paper,“Low interest rates, market power and productivity growth” by Ernest Liu, Atif Mian and Amir Sufi, examines the behavior of firms in a competitive marketplace as interests decline, and demonstrates that, although lower interest rates at first increase competitiveness through increased investment, they also increase the comparative advantage of large firms, thus after a time discouraging the smaller firms from investing and making the market less competitive.

Fed officials not 'complacent' with inflationary pressures
February 22, 2019 | Yahoo!
The paper, from Deutsche Bank’s Peter Hooper, former Fed Governor Frederic Mishkin, and University of Chicago professor Amir Sufi, notes that some parts of the country are already seeing these effects.

Economists’ Advice to Fed: Look at Rising Prices and Tight Labor Market
February 22, 2019 | The Wall Street Journal | Morningstar
In the paper, economists Peter Hooper of Deutsche Bank , Frederic Mishkin of Columbia University and Amir Sufi of the University of Chicago, present research revealing the potential for price pressures to pick up, as unemployment falls to very low levels.

Science: Talking to Your Dog Means You're Smart, Not Crazy
February 22, 2019 | Inc.
"For centuries, our willingness to recognize minds in nonhumans has been seen as a kind of stupidity, a childlike tendency toward anthropomorphism and superstition that educated and clear-thinking adults have outgrown," Nicholas Epley, an author, professor of behavioral science at the University of Chicago, and expert on anthropomorphism (assigning human qualities to non-human things), explains in a long, fascinating Quartz article on the subject.

Fed’s ability to anchor inflation to target is at risk — Williams
February 22, 2019 | Financial Times
The authors of the paper, who were Peter Hooper, Frederic Mishkin and Amir Sufi, found reports of the death of the Phillips Curve, which links unemployment and price growth, had been exaggerated.

Fed's Quarles: We'd 'quickly reassess' balance sheet plan if problems came up
February 22, 2019 | CNBC
"The normalization of the balance sheet is not a competing goal," he said at the Chicago Booth U.S. Monetary Policy Forum in New York.

In hot job market, Fed still frets about low inflation
February 22, 2019 | CNBC
Speaking Friday at a University of Chicago Booth School of Business conference, New York Federal Reserve Bank President John Williams and San Francisco Fed President Mary Daly both said they still believe that tight labor markets do put upward pressure on inflation, and that with unemployment at 4 percent, the Fed must guard against prices surging.

Fed's John Williams Warns of Risks of Low Inflation Expectations
February 22, 2019 | Bloomberg | Quint | Yahoo!
Williams’s remarks came in response to a paper presented at the conference by economists Peter Hooper of Deutsche Bank Securities, Frederic Mishkin of Columbia University and the University of Chicago’s Amir Sufi.

Experts fear a 1960s-style rerun of the Fed letting inflation build up
February 22, 2019 | Market Watch
The paper was written by Peter Hooper, global head of economic research at Deutsche Bank Securities, former Fed Governor Richard Mishkin and Amir Sufi, an economics professor at the University of Chicago Booth School of Business.

A new book argues weakened communities threaten liberal democracy
February 19, 2019 | The Economist
But it is also short-sighted, argues Raghuram Rajan, an economist at the University of Chicago and the former head of India’s central bank.

MBA Early Admission For College Seniors -- Why Apply Now And How To Get In
February 19, 2019 | Forbes
The school joins HBS 2+2, Stanford GSB Deferred Enrollment, Yale Silver Scholars, the Wharton Moelis Advance Access Program, Darden Future Years Scholar Program and the Chicago Booth Scholars Program to offer rising stars a head start on the MBA.

There's A Gap Between Perception And Reality When It Comes To Learning
February 19, 2019 | NPR
This is Ed O'Brien. He's a social psychologist at the University of Chicago. Along with his colleague, Michael Kardas, he studies people's intuitions about what a new experience will feel like.

The Upside of Getting Negative Feedback
February 15, 2019 | Inc.
In 2011, researchers at University of Chicago's Booth School of Business discovered that advanced-level students in a French literature class favored teachers who hammered them with corrective feedback over those who took a gentler approach.

Anger, Confusion Over Dwindling Refunds. Is Trump's Tax Plan To Blame?
February 14, 2019 | NPR
Richard Thaler, who received the 2017 Nobel Prize in Economic Studies, said when the Trump administration passed its tax cut, it also adjusted the withholding tables.

Democrats want to reverse Trump tax cuts, economist says
February 14, 2019 | CNBC
Austan Goolsbee, former Chairman of the Council of Economic Advisors under President Obama and current University of Chicago's Booth School of Business professor, joins "Squawk Box" give his analysis on the various Democratic Party proposals to increase taxes on the wealthiest Americans.

Momentum investing’s bad luck may be about to turn
February 14, 2019 | Market Watch
That is the conclusion I reached upon analyzing momentum’s performance since 1927 in the U.S. stock market, courtesy of the database maintained by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth finance professor Ken French.

Record 7 million Americans are 90 days behind on car loan payments, N.Y. Fed report says
February 13, 2019 | CBS
Economist Austan Goolsbee is a former Obama White House official at the University of Chicago.

Surveillance: Silly Leftism, Silly Rightism With Rose
February 12, 2019 | Bloomberg
Austan Goolsbee, University of Chicago’s Booth School of Business Robert P. Gwinn Professor of Economics, reflects on U.S.-China relations.

If Howard Schultz wins in 2020, would he be a good president?
February 12, 2019 | The Guardian
According to John Paul Rollert, adjunct assistant professor at the University of Chicago Booth School of Business, Schultz has certainly nailed “management 101” given his success at Starbucks.

10 years after global recession: Is another meltdown imminent?
February 09, 2019 | Gulf News
Ten years from the global financial crisis, the global financial system is in much better shape and there are no imminent signs of a crisis of global nature on the horizon, according to Randall S. Kroszner, deputy dean for executive programmes and Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business.

Regulations for banks, financial services firms need fine-tuning
February 09, 2019 | Gulf News
However, these numerous new rules require some fine-tuning to make them more effective, according to Randall S. Kroszner, deputy dean for Executive Programmes and the Norman R. Bobins Professor of Economics at University of Chicago Booth School of Business.

Emerging economies need to exercise caution
February 09, 2019 | Gulf News
However, like any other central bank in the world that are created by their own respective legislatures, the Fed to is mandated to focus on the US economic interests,” Randall S. Kroszner, deputy dean for executive programmes and Norman R. Bobins Professor of Economics at University of Chicago Booth School of Business, told Gulf News in an interview.

The Top 50 Executive MBA Programs In The U.S.
February 08, 2019 | Forbes
Chicago’s number one rank is no accident. The school invented the Executive MBA format in 1943.

Advocating for repeal of unpopular tax law does not make you a socialist
February 06, 2019 | CNBC
Austan Goolsbee, former chairman of the Council of Economic Advisors under President Obama, and Romina Boccia, fiscal and economic policy analyst from the Heritage Foundation, discuss the merits of Trump’s fears of socialism.

This Economist Predicted the Last Crisis. What’s the Next One?
February 06, 2019 | Freakonomics
In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.”

What's Got U.S. Inflation So Depressed? Just Asking for the Fed
February 05, 2019 | Bloomberg
Low interest rates may be driving market concentration, Princeton University’s Atif Mian and Ernest Liu and the University of Chicago’s Amir Sufi argue in this working paper.

Negative Rates Would Have Sped Up Economic Recovery, Fed Paper Says
February 04, 2019 | The Wall Street Journal/Morningstar
Greater domination or outright monopolies have lowered productivity rates and made the economy less dynamic, the paper by Ernest Liu and Atif Mian of Princeton University and Amir Sufi of the University of Chicago Booth School of Business, said.

How Low Interest Rates Can Freeze the Economy
February 04, 2019 | The Wall Street Journal
Over the past two decades or so that phenomenon has been playing out across industries, making the overall economy less dynamic, according to new research by economists Ernest Liu and Atif Mian of Princeton University, and Amir Sufi of the University of Chicago’s Booth School of Business.

An A- for the U.S. Economy, but Failing Grades for Trump’s Policies
February 04, 2019 | The New York Times
To provide a nonpartisan appraisal, I’ve reviewed surveys of about 50 leading economists — liberals and conservatives — run by the University of Chicago.

Former Fed Governor Kroszner Says Makes Sense to Take a Pause Now
February 04, 2019 | Bloomberg
Randall Kroszner, professor of economics at Chicago Booth School of Business and a former Federal Reserve governor, talks about the central bank's policy and Treasuries. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East."

PolitiFact Florida: Is health care the top reason for bankruptcies, as a Florida GOP leader said?
February 04, 2019 | Tampa Bay Times
Neale Mahoney, a University of Chicago economics professor, said that the research by Warren and her co-authors overstates the share of bankruptcies caused by health shocks.

Want to Invest in a True ‘Value’ Fund? Good Luck Finding One
February 03, 2019 | The Wall Street Journal
Groundbreaking research by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth professor Ken French found that such stocks over the long term have significantly outperformed so-called growth stocks—those with the highest such ratios.

Watch 5 experts weigh in on the January jobs report
February 01, 2019 | CNBC
Jeff Rosenberg of Blackrock, Victoria Fernandez of Crossmark Global Investments, Austan Goolsbee from the University of Chicago and David McIntosh from the Club for Growth join "Squawk Box" with their immediate reactions to the January jobs report.

Surveillance: Fed and Downside Risks With Kroszner
January 30, 2019 | Bloomberg
Randy Kroszner, University of Chicago Professor & Former Fed Governor, discusses whether the tight labor market could lead to inflation.

New Research Says Saying These 4 Words in Your Next Interview Will Help You Land the Job
January 29, 2019 | Inc.
A new study by Kaitlin Wooley (Cornell University) and Ayelet Fishbach (University of Chicago) showed that job candidates frequently underestimate how much recruiters want to hear them say four magic words.

Fmr. Bush Speechwriter: "Trump is a fraud"
January 29, 2019 | MSNBC
Fmr. Obama Economic Advisor Austan Goolsbee and Washington Post Conservative Opinion writer Jennifer Rubin join Lawrence.

The Uses of an Aristocracy
January 29, 2019 | The National Review
A recent study by finance professors Steven Neil Kaplan of the University of Chicago and Joshua Rauh of Stanford found that fewer of those who made it on to the Forbes 400 list in recent years grew up wealthy than in previous decades, falling from 60 percent in 1982 to just 32 percent today.

Higher taxes are in our future, says expert
January 28, 2019 | CNBC
Austan Goolsbee, former Council of Economic Advisers chairman, and James Pethokoukis, American Enterprise Institute fellow, takes a look at the impact of the government shutdown, the deficit, and former Starbucks CEO Howard Schultz presidential prospects.

Discussing the independence of central banks
January 28, 2019 | CNBC
Randy Kroszner of the University of Chicago Booth School of Business says the U.S. Fed is better able to withstand such comments, compared to other institutions like the Reserve Bank of India.

Richard H. Thaler | The Interview Show
January 27, 2019 | WTTW/American Public Televison
Host Mark Bazer interviews Richard H. Thaler, 2017 Nobel Prize winning economist and co-author, "Nudge."

Long-term issues unlikely to be resolved in US-China trade talks: Academic
January 27, 2019 | CNBC/Yahoo!
The Trump administration has moved from upholding the rules of international trade, says Steven Davis, professor of international business and economics at Chicago Booth.

Richest in U.S. Have a Few Tricks to Avoid Democrats' Tax Plans
January 25, 2019 | Bloomberg
“The lesson is that the details are going to matter a lot,” said Eric Zwick, an associate professor at the University of Chicago Booth School of Business, who co-authored the study with three other economists, including the Treasury Department’s Matthew Smith.

Six Driving Forces of Change That Will Shape 2019 and Beyond
January 25, 2019 | Forbes
This is according to tracking data from the University of Chicago's Booth School of Business and Stanford University.

Ex-RBI Governor Rajan Says U.S-China Dispute Far Bigger Than Trade
January 25, 2019 | Bloomberg
Former Reserve Bank of India Governor Raghuram Rajan discusses the U.S.-China trade dispute, Federal Reserve policy, global economic risks, and the state of India's economy.

Economists not very good at forecasting turning points, academic says
January 25, 2019 | CNBC
Randy Kroszner, deputy dean and professor of economics at University of Chicago Booth School of Business, discusses fears of a slowdown in the global economy.

House prices and dynamism, fiscal spillovers, and more
January 24, 2019 | Brookings
Stephen Davis of the University of Chicago and John Haltiwanger of the University of Maryland pin this on housing markets because new businesses often rely on housing wealth for financing.

Corporate Chiefs Look Past Economic Risks and Pin Hopes on Trump for Trade Deal
January 23, 2019 | The New York Times
The shutdown and the trade war have helped to raise economic policy uncertainty in the United States and around the world, according to indexes compiled by the economists Steven J. Davis of the University of Chicago’s Booth School of Business, Nick Bloom of Stanford University and Scott Ross Baker of Northwestern University’s Kellogg School of Management.

Continued Growth In Private Markets Creates Broader Investment Opportunities
January 23, 2019 | Forbes
Since the mid-1990s, the number of companies making up the stock market has declined by over half, from 8,000 to 3,627 in 2016, according to data from the Center for Research in Security Prices at the University of Chicago Booth School of Business, as reported in The New York Times.

The tax cut investment 'boom' is already over. Some say it never really started
January 23, 2019 | CNN
"There hasn't been a huge surge in response to tax reform," said Eric Zwick, a professor at the University of Chicago Booth School of Business who studies the interaction between public policy and corporate behavior.

Geopolitics: MBAs evolve to help students navigate global chaos
January 22, 2019 | Financial Times
For example, Luigi Zingales, director of the Stigler Center at the University of Chicago Booth School of Business, believes the notion of “political risk”, a staple of business courses for years, is no longer adequate.

The world’s best MBA programmes
January 22, 2019 | The Economist
The University of Chicago’s Booth School of Business regains first place from neighbouring Northwestern’s Kellogg School of Management.

The Shutdown Shows the Weakness of the Resistance
January 21, 2019 | The New York Times/WRAL/MSN
If this were happening in Europe, as Luigi Zingales of the University of Chicago told me, people would be pouring into the streets.

1 Powerful Way to Boost Your Creativity.
January 20, 2019 | Medium
Ron Burt, Professor of Sociology and Strategy at the University of Chicago Booth School of Business conducted several studies to understand the commonalities between extraordinary innovators in multiple disciplines.

Top B-Schools All Report Applicant Declines
January 18, 2019 | Inside Higher Ed
The drops ranged from 2.6 percent at Columbia University to 8.2 percent at the University of Chicago.

Massive new study traces how corporations use charitable donations to tilt regulations in their favor
January 17, 2019 | The Washington Post
While it’s tempting to write off the incident as a one-time blunder — heavy-handed corporate lobbying gone amok — new research from Marianne Bertrand at the University of Chicago and others finds that’s not the case.

The U.S. Is a Meritocracy. That Doesn’t Mean It’s Fair.
January 15, 2019 | Bloomberg
In the new paper, “Capitalists in the Twenty-First Century,” Matthew Smith of the U.S. Treasury Department’s Office of Tax Analysis, Danny Yagan of the University of California at Berkeley, Owen Zidar of Princeton Univesity and Eric Zwick of the University of Chicago take issue with the conclusions of Piketty et al.

On Zingales' crony capitalists
January 11, 2019 | Forbes India
The other day at the IIM Bangalore, we had an interesting lecture by Professor Luigi Zingales of the University of Chicago Booth School of Business on ‘Crony Capitalism’.

New Research Says Saying These 4 Words in Your Next Interview Will Help You Land the Job
January 09, 2019 | Inc.
A new study by Kaitlin Wooley (Cornell University) and Ayelet Fishbach (University of Chicago) showed that job candidates frequently underestimate how much recruiters want to hear them say four magic words.

5 game-changing papers from this year's largest gathering of economists
January 08, 2019 | Yahoo!
Paper: How Can Economics Solve Its Gender Problem?/Author(s): Janet Yellen (former Fed Chair), Susan Athey (Stanford), Sebnem Kalemli-Özcan (University of Maryland), Marianne Bertrand (University of Chicago)

School Lunch Guidelines; College Applications & ‘Ban The Box’; White Lies Research
January 08, 2019 | NPR
We learn more from Emma Levine, assistant professor of behavioral science at University of Chicago’s Booth School of Business.

Team Trump should be careful what it wishes for on China
January 07, 2019 | The Washington Post
For context, that happened only seven times before, total, over the previous 118 years , according to University of Chicago professor Steven J. Davis.

World Bank President Search to Test Trump’s ‘America First’ Mantra
January 07, 2019 | Bloomberg
“If these institutions are to be made more appealing to the rest of the world, the lock hold that the United States and Europe have on both the president of the World Bank and managing director of the IMF has to end,” said Raghuram Rajan, former governor of the Reserve Bank of India and now a finance professor at the University of Chicago.

New research finds that this family habit can help you negotiate more effectively
January 07, 2019 | NBC
New research from the University of Chicago Booth School of Business found that our eating style has an influence on cooperation, and that “family-style” dining, in which diners divvy up portions from shared dishes, promotes better collaboration and faster-deal making.

Why eating at a Chinese restaurant can help you negotiate better
January 06, 2019 | Yahoo!
Because the custom requires people to coordinate their physical actions, it might in turn prompt them to coordinate their negotiations,” researchers Ayelet Fishbach and Kaitlin Woolley hypothesised.

What Are The Pitfalls Of Outsourcing Self-Awareness To AI? What Leaders Need To Know.
January 06, 2019 | Forbes
All of this draws on Nudge Theory, a concept catapulted into the mainstream by Richard Thaler, the University of Chicago Behavioral Science and Economics professor who won the 2017 Nobel Prize in Economics for his work on the subject.

New research finds that this family habit can help you negotiate more effectively
January 04, 2019 | CNBC
You spend all that time at work already, it seems like extra steps and people want to just cut to the chase,” Ayelet Fishbach, co-author of the research and a professor of behavioral science at the University of Chicago, tells CNBC Make It.

What is really eating Apple – and why Steve Jobs would not be doing a lot better
January 04, 2019 | The Conversation
The two professors, Marianne Bertrand and Antoinette Schoar, from University of Chicago and MIT respectively, calculated that individual chief executives only contribute to between 2% and 4% of a company’s total performance.

Trump Took Credit for Stock Market Records. Does He Deserve Blame for the Plunge?
January 03, 2019 | Bloomberg
“One day China is a currency manipulator, another day it is not,” financial economists Lubos Pastor and Pietro Veronesi of the University of Chicago Booth School of Business wrote in May 2017 for VoxEU.org, a website of the Centre for Economic Policy Research.

Why singing in a choir will make you a better leader
January 02, 2019 | World Economic Forum
Instead of a lecture or small-group exercises, management professor Harry Davis got everyone on their feet and formed a choir.

The psychology behind why we're so bad at keeping New Year's resolutions
January 01, 2019 | MSN
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.