It’s been a banner year for Capital Ideas—we re-launched the
started the Big
Question video series, began a monthly newsletter, kept
blogging, and joined Twitter, Facebook, and YouTube.
As if all that isn’t enough to keep your intellectual
appetite fed, we’re bringing you a five-course meal of the most-read stories
from us this year. If you haven’t read them yet, make it a New Year’s
resolution to catch up (George
Wu, Ayelet Fishbach, and Daniel Bartels have some advice on that). Plus,
we’re throwing in the most-read
blog post and most-watched video.
you’re working too hard rings in at number five. Chicago Booth’s Christopher
K. Hsee has spent two decades conducting research at the intersection of
psychology, economics, and happiness. Here, Chicago Booth’s Dave
Nussbaum explains the field of “hedonomics” and Hsee’s investigation of
“overearning” at the expense of happiness.
The number four spot goes to Are
CEOs overpaid? The case against, wherein Vanessa Sumo and Hal Weitzman bring
more than a decade’s worth of Chicago Booth research on the topic into
conversation. You can also see Chicago Booth’s Luigi
Zingales and Steven
Neil Kaplan debate
executive pay and income inequality in this episode of the Big Question.
entrepreneurs: Sell or die, written by Robin Mordfin, shared some advice
from Chicago Booth’s Waverly
Deutsch and Craig Wortmann
that you just couldn’t get enough of, putting the story at number three. The
entrepreneurial set can also benefit from their four tips on how
to make a cold call.
Many, many of you wanted to know what economists and
marketers are learning from newly accessible consumer data. We brought that to
you in the Secrets
of shopping, the number two story of the year. We also brought you a mini
documentary with the researchers behind the revelations: Beyond big data: new perspectives on
Perhaps it is no surprise that the number one most-read
story of the year is an essay written by “father of modern finance” and 2013
Nobel Prize in Economic Sciences recipient Eugene F. Fama.
Adapted from a Convocation speech, A
brief history of finance and my life at Chicago is a first-person account
of the early days of modern finance.
Want more? Here are five
issues economists (mostly) agreed on in 2013 (and one that stumped them).