Summer 2013 | Capital Ideas
traces its origins back half a cen-
tury, to when Chicago Booth—or the Graduate
School of Business, as it was then—began pub-
, written by faculty members for
a general audience. In 1997, the school launched
as a separate newsletter that featured articles
about faculty research. It subsequently evolved into a
magazine of between five and seven articles focused
on the research produced by one group within the
school—economists in one issue, behavioral scientists
in the next, and so on.
With the creation of a new
department at Chicago Booth late last year,
is starting a new chapter, building on this history
while using new technology to spread the word about
research conducted at the school.
Booth is full of strong, diverse, challenging ideas.
That became quickly apparent when we arrived from
the world of financial journalism to explore the
school’s research and broader intellectual capital. We
have discovered no shortage of material to write about,
whether the topic is banking (our cover story) or psy-
chology, medicine, hospitality, or sports statistics (all
featured in this issue).
There are many terrific stories to tell. The new
will include more of them in every issue.
Instead of having five to seven articles, this relaunch
issue has 19. Rather than covering research from just
one group within the school, we include work from
eight. Whereas the old
scholarly paper per article, this issue cites dozens.
Up until now,
articles were a standard
length. This issue is more varied, with shorter sum-
maries of published papers and working papers in the
Front & Center section, and a features section with
longer stories that set research in a broader context.
We also are delighted to revive the spirit of the orig-
series by having faculty address the
audience directly. We include an excerpt
from the latest book by
Robert W. Fogel,
winner of the
1993 Nobel Memorial Prize in Economic Sciences and
Charles R. Walgreen Distinguished Service Professor
of American Institutions. Our Footnotes section also
article cowritten by
Richard H. Thaler,
Ralph and Dorothy Keller Distinguished Service Pro-
fessor of Behavioral Science and Economics, on the
retirement savings crisis.
Linda E. Ginzel,
fessor of managerial psychology, writes about research
that has shaped her teaching. The feature story about
patience research is written by
junct assistant professor of behavioral science.
magazine is now
just one way for us to tell our story. Please
for a regularly updated blog, extra fea-
tures, and video content. In January, we launched
, a monthly video series in which expert
panels discuss important issues in economics, finance,
business, markets, and policy.
Chicago has a long and proud tradition of debate
and discussion, and we welcome your contributions.
or write to one
of the addresses below—with feedback, opinions, and
We look forward to the conversation.
Executive Director, Intellectual Capital
Associate Director, Intellectual Capital
We welcome your comments.
. Address letters to Capital Ideas,
5807 South Woodlawn Avenue, Chicago IL 60637. We
also receive letters at Woolgate Exchange, 25 Basinghall
St., London EC2V 5HA and 101 Penang Road, Singapore
A new chapter for Capital Ideas