Chicago Booth

Shareholders care about way more than maximizing profits

University of Chicago Booth School of Business professor Luigi Zingales discusses the debate surrounding corporate profit maximization. He talks about a research paper he authored, which makes the point that profit maximization is important to shareholders, but it’s not the only thing they care …

Markets

The 6 best business books of 2017, according to economists, editors, and professors

Some of the biggest ongoing business stories of our time, from the personal and political effects of increased globalization to the confrontation of ingrained sexism in Silicon Valley, are reflected in this year's list of best business books from McKinsey and the Financial Times.<p>Since 2005, …

Business

THE BOTTOM LINE: The 'Trump trade' is back and Ray Dalio breaks down the bitcoin bubble

This week:<p>Business Insider CEO Henry Blodget speaks with Ray Dalio, the founder of Bridgewater Associates, the world’s biggest hedge fund. Dalio discusses his assertion that most portfolios should have gold allocated at 5-10%, if for no other reason than it’s a great diversifying asset. He also …

Business

$20 million gift from Chicago Booth alumnus Tandean Rustandy to support social impact center | Media Relations and Communications | The University of Chicago

A $20 million gift from Tandean Rustandy, MBA’07, will support expanded research and programming in social innovation and entrepreneurship at the …

MBA

Calgary Flames’ arena tantrum masks inconvenient truth: Economic payoff isn’t there

So the Calgary Flames are done talking to the city about building a new arena for the NHL team. "It's not going to work," Flames president Ken King huffed last week, hinting that the team's future in Calgary might be in doubt.<p>Oh, please.<p>Mr. King's little tantrum is all part of the ritual dance that …

Calgary Flames

Intellectual Property Laws: Wolves in Sheep’s Clothing

<i>The excesses of IP law are now a serious obstacle to innovation and economic growth.</i><p>In the rogues’ gallery of regulatory rent-seeking, copyright and …

Copyright

A Thinking Person’s Guide to Going With Your Gut

Recently, a bout of garden-variety existentialism led to me asking too many people for advice about my relationship. How are other people so sure …

Anna Auerbach

Cofounder and Co-CEO<br>Werk<p>Anna Auerbach is the cofounder and co-CEO of Werk. She is a former McKinsey consultant and 
social impact COO. She is a …

Business School

Revamp boards of PSBs, make them independent of govt: Raghuram Rajan

By: ENS Economic Bureau | Mumbai |<p>Former Reserve Bank of India governor Raghuram Rajan (File)<p>Former Reserve Bank of India governor Raghuram Rajan on …

Business (India)

Sally Blount, Northwestern business school dean, to step down

Northwestern University's Kellogg School of Management is on the hunt for a new dean.<p>Sally Blount, who has held the post since 2010, plans to step down at the end of this school year, she announced Wednesday in a video uploaded to YouTube.<p>"We're at an exciting inflection point," Blount said in the …

Business

When a Company Is Making Money From the Opioid Crisis

Some shareholders of a major drug distributor are arguing that the company's goals should be more in line with society's.<p>In a year of big stories, the opioid crisis has become one of the biggest, though it’s been a problem since the early 2000s. Around then, people in Kentucky, West Virginia, and …

Opioid Crisis

Manage your ego — and more advice for MBA students

As MBA students start their programmes, we ask leading professors for tips on how to glean the most from business school.<p>‘Focus: there is nothing …

MBA

Taking Advantage Of Behavioral Economics Can Get Aid To More People In Poverty

Living in poverty can be so draining, it’s often impossible to find and locate help that’s available. Some science is helping aid organizations get their services in front of more people.<p>One of the biggest challenges that aid groups face when battling poverty in the developing world is that being …

Business School

How Local Housing Regulations Smother the U.S. Economy

If you live in a coastal city like New York, Boston or San Francisco, you know that the cost of housing has skyrocketed. This housing crisis did not happen by chance: Increasingly restrictive land-use regulations in the last half-century contributed to it.<p>But what appears to be several local …

Opinion

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Nudges” are behavioral-finance parlance for little cues that urge us to do things at certain times, and have been embraced by governments and …

Business School

As risk managers, RBI Governors should speak their mind: Rajan

Says central bank chiefs have to stand up to pressure from the govt

Business (India)

Study: Politically-Connected Firms More Likely to Receive Favorable Merger Reviews from Antitrust Regulators

<i>A new study finds that firms connected to members of the House and Senate judiciary committees are more likely to receive favorable merger …

Antitrust Laws

Raghuram Rajan says demonetisation not an economic success, poor sections hit hard

Former RBI governor Raghuram Rajan has said that demonetisation at this point is not an economic success as the costs associated with the exercise …

India

10 Best Business Schools in the US 2017/2018

If you want to have a lucrative and successful career in the business and administration field, then it is very important to choose one of the best …

MBA

Submit Search Query

When Booth students talk about their favorite MBA classes, you start to understand why there is so much to be gained from the MBA program with the …

Business School

Looking for a job? You may have only nine days to apply

Economists often treat hiring as a sequential search process. An employer receives an application, screens and perhaps interviews the candidate, and …

Employment

Former Booth School dean sells Near North condo for $1.7 million

Former University of Chicago Booth School of Business Dean Sunil Kumar and his wife, cancer researcher Sumati Murli, on Aug. 17 took a loss on their four-bedroom, 3,450-square-foot Near North condominium unit, selling it for $1.7 million.<p>Kumar joined Booth in 2011 as its dean after 14 years at …

Real Estate

Economists don't think price gouging is a problem. But what about our social values?

Charging flood victims $30 for a case of water or $10 for a gallon of gas doesn’t sit right.<p>And a majority of states, including Texas, have laws against price gouging. The state attorney general has threatened to prosecute people who jack up their prices in the wake of the flooding caused by …

Economics

Chicago Booth Review Explores How to Create Middle-Class Jobs

The economy is adding jobs and unemployment is low, yet nearly 15 million Americans are on the hunt for full-time work.<p>While underemployed Americans …

Business School

Raghuram Rajan: Populist Nationalism Is “the First Step Toward Crony Capitalism”

<i>The former governor of the Reserve Bank of India discussed the “concentrated and devastating” impact that technology and trade had on blue-collar</i> …

Social Justice

Looking for a job? You may have only 9 days to apply | Media Relations and Communications | The University of Chicago

Published on Aug 28, 2017<p>New U.S. database tracks job vacancies and applications, shedding light on the hiring process and labor market …

Business School

MBA Application: 6 Of The Best US Business Schools For Social Impact

© Chicago Booth Rustandy Center for Social Sector InnovationThe past decade has seen notions of ‘sustainability, ‘responsibility,’ and ‘social …

Education

Greater Boston has 3d highest share of millionaire households in major US cities

Greater Boston has the third highest share of households with $1 million or more in wealth among major metropolitan areas.<p>About 7.5 percent of all …

Boston

Explorer Surgical lands $3 million more for operating room software

New Venture Challenge alum Explorer Surgical, which makes software for surgical teams to use in the operating room, has raised $3 million, the company announced Tuesday.<p>Commercially launched in 2016 and based in River North, Explorer offers a platform that helps teams manage operating rooms and …

Startups

A Pro-Growth Tax Structure | Becker Friedman Institute

The current US tax structure is complicated and constantly evolving. In the first 20 years after the 1986 Tax Reform Act was passed, there were …

Social Justice