Chicago Booth

Derided by critics, trickle-down economics gets another try

WASHINGTON (AP) — Does money roll downhill?<p>In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does.<p>Behind their legislation is a theory long popular among conservatives: Slash taxes for corporations and rich people, who will then hire, invest and profit …

Finance

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Thanks to the Paradise Papers, and the earlier Panama Papers, the world of offshore tax havens is getting international attention. With leaked …

Business School

When a 10% Gain Makes You Feel Like a Loser

Big gains can be hard to find in the financial markets. Nowadays, though, they seem to be everywhere -- and that could change how you feel about taking risks.<p>As of Nov. 16, the S&P 500 is up 359% since the bull market began March 9, 2009, counting dividends, according to S&P Dow Jones Indices. This …

Business

This Executive MBA From Chicago Booth Will Give You The Leading Edge

Want to be an entrepreneur? Chicago Booth's leading-edge Executive MBA entrepreneurship curriculum will give you the foundation you need to …

MBA

Econ-Based Energy Investing: Your Chance To Invest Smarter In Energy

I'm excited to announce the launch of Econ-Based Energy Investing (EBEI), an exclusive research service for both novice and experienced energy …

Business

The Poor Are Not Poor Because the Rich Are Rich

Posted: Nov 15, 2017 12:01 AM<p>A new study released by the left-leaning Institute for Policy Studies in Washington, D.C., headlines what they see as …

Social Justice

How to Help Your Practice Thrive

While exciting and liberating, starting your own mental health practice can also feel daunting. Rent expenses, referrals and insurance shenanigans, …

Medicine

Experiential Learning

An important part of students learning, and preparation for their future careers, is to work on real-world business problems and apply what they …

Flipped Classroom

The scientific reason you’re likely to name your car—but not your yoga mat

To some, a car is just a car—but to others, that car is Martha and she runs like a <i>beast</i>. Humans have been naming their possessions forever (yes, even …

Lifestyle

Do Nike's New Marathon Shoes Actually Make You Run Faster?

To run a fast marathon, you need to be good at two things: not spending energy and spending energy. For the first 20 miles or so, you need to go …

Marathons

The Curse of Econ 101

When it comes to basic policy questions such as the minimum wage, introductory economics can be more misleading than it is helpful.<p>In a rich, post-industrial society, where most people walk around with supercomputers in their pockets and a person can have virtually anything delivered to his or her …

Social Justice

It’s free to sign up for these 17 courses from top Illinois universities

BERLIN, GERMANY - SEPTEMBER 20: Students study with their laptop computers in the Pedagogical Library at the Freie Universitaet university on …

MBA

How 'Supply' Became a Dirty Word in Economics

It doesn't have to be synonymous with tax cuts.<p>“Supply” is a dirty word in economic policy discussions. That needs to change.<p>Over the past few decades, the word “supply” has come to be associated with pro-market, anti-government policy. That has earned it the scorn of many among the growing number …

Economics

Meet the Dean

In July 2017, Madhav V. Rajan became the new dean of the University of Chicago Booth School of Business. Here, he shares his personal story and lays …

MBA

In a tighter-than

If Jay Tedla was feeling any first-day jitters during a new-employee orientation session at Mutual of Omaha last month, he sure wasn’t showing it.<p>A …

Employment

Satya Nadella | Panorama

<b>Satya Nadella</b> is an Indian American engineer and the current CEO of Microsoft. He was born on August 19, 1967, in Hyderabad, India. After pursuing a …

Satya Nadella

The Psychology of Giving Human Names to Your Stuff

According to a 2013 poll from the insurance company Nationwide, around 25 percent of car owners have named their ride. Granted, the survey isn’t …

Psychology

Bright Scholar Education Could Decline Substantially When Lockup Expires

When the 180-day IPO lockup period for BEDU expires, pre-IPO shareholders and insiders will be able to sell previously-restricted shares for the …

Business

Kroszner Sees Fundamental Tax Reform From GOP

November 2nd, 2017, 11:38 PM UTC<p>University of Chicago Booth School of Business Professor Randy Kroszner weighs in on Fed chair nominee Jay Powell. …

Business

Do not call India a 'currency manipulator', says RBI's ex boss Raghuram Rajan

The US Treasury should not call India a currency manipulator, RBI's former governor Raghuram Rajan said in an interview to CNBC on Thursday. The …

Business (India)

'Never say never': another GFC possible, says former US Federal Reserve board member Randall Kroszner

The world isn't in the "all clear" when it comes to the possibility of another financial crisis, says former United States Federal Reserve board …

Economy

Perverse Market Incentives Encourage High Prescription Drug Prices

<i>Pharmacy benefit managers (PBMs) are the under-discussed market participants who manage prescription drug insurance for the vast majority of</i> …

Pharma

Citadel's Kenneth Griffin to Donate $125 Million to University of Chicago

The University of Chicago’s prestigious economics department will be renamed for billionaire hedge-fund manager Kenneth Griffin, who will give $125 million to the university.<p>The Citadel LLC founder and chief executive’s gift, announced Wednesday, will be used to pay for more economics professors, …

News (U.S.)

Rajan should head the Fed, says Barron’s

Global magazine’s pitch comes as Trump readies to name the central bank’s Chair

Economy

Derin Alemli - Founder of Square Roots Kitchen - IdeaMensch -

To live a fulfilling life, you must know yourself first. Do things that satisfy you personally and play to your strengths, and don’t ever forget who …

Entrepreneurship

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism”

<i>A new study by the United Nations Conference on Trade and Development argues: The “endemic rent-seeking that stems from market concentration,</i> …

Equality

Paypal Co-Founder Says Bitcoin is Underestimated, Compares to Gold

Peter Thiel of PayPal fame believes Bitcoin will become a reserve currency, is world-changing.

Cryptocurrency

Raghuram Rajan declines AAP’s Rajya Sabha seat offer, says report

The party planned to field a jurist, a social worker and the former RBI governor for three seats in the Upper House.<p>Former governor of the Reserve …

India

Couple donate $150 million to University of Illinois in its largest gift ever

The University of Illinois has received its largest-ever donation — a $150 million gift — from the head of a Chicago private equity firm, school officials announced Thursday.<p>The gift from Larry Gies, chief executive of Madison Industries, and his wife, Beth, means the university’s business school …

MBA

STUDY: Young Men Playing Video Games Instead Of Finding Jobs

A new study shows that young males would rather sit on their rears while playing "Grand Theft Auto" than look for long, steady work.

Conservative View